Damn the Data! I’m Buying a House

Source:  From Mr. Steve Harney's Keeping Current Matters Blog Posted on April 15, 2010

This blog tries to share the best real estate information we can find. We don’t like opinion pieces with just anecdotal confirmation of points. We like hard facts, packaged in a compelling matter that enables the reader to make sense of a very confusing market. The goal is to not be subjective, but instead, TOTALLY objective. We lean heavily on known sources with strong industry studies to help guarantee this.

The recent real estate news has not been optimistic. A surge of foreclosures is coming. Interest rates are on their way up. Prices are on their way down.

Yet the data never tells the whole story. There have been three major reports released recently that show that buyers are about to re-enter the market because they again see opportunity in real estate.  Below are the three main groups that will be returning to the market.

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