National Data Forecasts Higher Than Expected Home Prices

From PR Newswire:
DALLAS, March 28, 2014 /PRNewswire/ – As the Polar Vortex that plunged the country into the deepest deep freeze since the winter of 1912 recedes, HomeVestors of America (the “We Buy Ugly Houses”® people) expects home prices to surge “well beyond what we are already seeing.”
That’s the word from David Hicks, HomeVestors co-president.  “The upward pressure on home prices—economic growth and a history of slow home construction—eased somewhat due to the horrible winter weather,” Hicks said. “But we think there are a number of markets nationwide that will run up against a housing shortage that will boost home prices even higher than most of us initially expected as the spring thaw gets underway.”
Hicks noted that new quarterly data compiled by Local Market Monitor identifies the markets where conditions are right for home prices to rise, making them prime targets for investors in single family homes as rental properties….
Read the full Press Release: National Data Forecasts Higher Than Expected Home Prices in Key Cities as Frozen… — DALLAS, March 28, 2014 /PRNewswire/ –.
They buy ugly houses – click for more info

Leave a Reply

Your email address will not be published. Required fields are marked *



This site uses Akismet to reduce spam. Learn how your comment data is processed.