Word: reals
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Dates: during 2010-2019
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...While the new programs should assist the most troubled end of the real estate market, they will not come close to replacing the huge intervention by the Federal Reserve in the mortgage-securities market, which helped keep mortgage rates enticingly low. (See 10 perfect jobs for the recession - and after...
...Stephen Kim, a senior real estate analyst at Alpine Woods Capital Investors LLC, which holds shares in homebuilding companies, says he thinks there will be "only modest" declines in the months following the programs' expiration unless the overall economy, or employment, also tanks. (See how Americans are spending...
...senior research analyst at Housing Research Center LLC, has similar worries: "We need to be concerned about the homes that are significantly underwater but haven't yet defaulted," he says. "It may take another two, three or four years before we're well on our way towards a real recovery." (See pictures of the recession...
...housing market overall is starting to stabilize and move a bit sideways but certainly is not on the upswing," says Heather Fernandez, vice president of Trulia, a real estate research firm. "Our best guess is that the market continues to move sideways in 2010 and we start to see recovery in sales and prices in more markets across...
...spinning," says Barron. "They keep exacerbating the problem. All this government interference is simply prolonging the inevitable." Barron says the housing market needs to correct on its own at this stage - "and the sooner it's allowed to do so, the sooner we can get on to a real recovery...