Yet Another Housing Bear Turns Bull

by The KCM Crew on May 1, 2012 · 6 comments

Every day there seems to be more positive news about the real estate recovery. We attempt to give you two things in this blog:

The actual data that indicates where the housing market is headed
Quotes from analysts who have scrutinized this data

Today, we want to give you a quote by Ivy Zelman which appeared last week in a Wall Street Journal article Stunned Home Buyers Find the Bidding Wars Are Back.

“We very much believe we’ve hit bottom.”

Why is the quote from Zelman important? She is an industry expert consistently recognized by Institutional Investor, Greenwich Associates, StarMine and The Wall Street Journal as an industry-leading analyst. She has been nicknamed ‘Poison Ivy’ for her harsh positions on housing over the last several years. Now, Zelman is calling a bottom and projecting prices to moderately increase in the next twelve months.

Again, another expert on housing is calling a bottom; another bear turns bull.

About The Author

We at The KCM Crew are pursuing our mission of building a home for real estate information. We are truly dedicated to helping real estate professionals by supplying all the tools and resources they need to be seen as industry leaders in their marketplace. See how we can help you become an industry leader in your marketplace, and be sure to check out our page on Facebook and follow us on Twitter.

Medea

Keep posting propaganda. You only lose credibility.
- KCMcrew
  
  If we post something positive, some of our readers object. If we post something negative, another group of our readers objects. We guess just like an umpire, if both teams don’t like what we’re saying, we must be fair.
  - Medea
    
    nice cliche of a logical fallacy
Murray

the market is South Africa seems to be be improving as well. Whilst asking prices are often not what is being achieved, the number of sales have certainly increased. Banks seem to be providing more credit as well however in a more disciplined fashion. Lets hope we continue to see recovery
Harveyh

propoganda? you’re an idiot
- Medea
  
  says the half wit who can’t spell “propaganda”