Tuesday, October 26, 2010
That We Might Be Adopted: Families of Faith
That We Might Be Adopted: Families of Faith: "Joy Casey, Adoption Ministry's Director, writes from Ethiopia... Even after wrangling with government officials and regulations that I ca..."
Monday, October 25, 2010
MORE GREAT NEWS ABOUT THE FUTURE OF KITSAP COUNTY
The top 10 housing markets of the future
By Venessa Wong of Bloomberg Businessweek
A housing market rebound seems tenuous after the expiration of the homebuyer tax credit, and consumer confidence remains weak due to lackluster employment. (Bing: Find the latest consumer-confidence trends)
But David Stiff, chief economist at Fiserv, says the bottom is near. Home prices in the U.S. have declined 29.5% over the past four years, according to the Fiserv Case-Shiller Indexes. Stiff says prices should form a trough early next year, when median prices will be down an estimated 32.9% from the 2006 peak. By early 2014, they will have climbed about 7.2% from 2010 levels, according to the indexes. Fiserv and Moody’s Economy.com base the housing forecast on factors that include income growth, demographic trends, unemployment rates, foreclosure rates and construction costs. Of 384 places surveyed, the Bremerton-Silverdale area in Washington state had the highest four-year growth forecast, with prices expected to increase 44.7% from 2010 to 2014. Other leading growth markets: Bend, Ore., where prices are expected to jump 33.6% by 2014, and Detroit, with a 33.1% forecast. Markets with the weakest projections: Miami and Naples, Fla., and Atlantic City, N.J., where prices are expected to continue to fall over the next four years.
By Venessa Wong of Bloomberg Businessweek
A housing market rebound seems tenuous after the expiration of the homebuyer tax credit, and consumer confidence remains weak due to lackluster employment. (Bing: Find the latest consumer-confidence trends)
But David Stiff, chief economist at Fiserv, says the bottom is near. Home prices in the U.S. have declined 29.5% over the past four years, according to the Fiserv Case-Shiller Indexes. Stiff says prices should form a trough early next year, when median prices will be down an estimated 32.9% from the 2006 peak. By early 2014, they will have climbed about 7.2% from 2010 levels, according to the indexes. Fiserv and Moody’s Economy.com base the housing forecast on factors that include income growth, demographic trends, unemployment rates, foreclosure rates and construction costs. Of 384 places surveyed, the Bremerton-Silverdale area in Washington state had the highest four-year growth forecast, with prices expected to increase 44.7% from 2010 to 2014. Other leading growth markets: Bend, Ore., where prices are expected to jump 33.6% by 2014, and Detroit, with a 33.1% forecast. Markets with the weakest projections: Miami and Naples, Fla., and Atlantic City, N.J., where prices are expected to continue to fall over the next four years.
Subscribe to:
Posts (Atom)