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Joe Spake's Posterous
Some of us are probably pretty happy to see 2010 pass into history, and for a new decade to get underway. It has been a year of challenges and opportunities. I like to take the days between Christmas and New Year’s day to reflect on the year- trends, what went right, what went wrong, and how to tackle 2011.
It’s that time of year when everyone is coming out with their lists of important people, events and trends from 2010. Click here for my my collection of other people’s lists and year-end summaries. I hope you find something useful. I did.
Will housing values increase in 2011? Fortune.com offers both a bullish and a bearish prediction.The bulls say: Affordability is at its highest level. Billionaire Warren Buffet is among those who believe this is a sign the slump is about to end. Buffet writes: "Prices will remain far below 'bubble' levels, of course, but for every seller (or lender) hurt by this there will be a buyer who benefits."The bears say: It’s not over yet. Housing is still overpriced and inventories are enormous, says Daryl Jones, an analyst at investment research firm Hedgeye. Jones warns that home prices could fall another 15 percent to 30 percent because no one is buying.Source: Fortune.com, Nin-Hai Tseng (12/27/2010)
Web 2.0 Real Estate Broker
Consultant
Social Media Junkie
_______________________
Web 2.0 Real Estate Broker
Consultant
Social Media Junkie
_______________________
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