Housing Forecast 2007: Inside the Crystal Ball
By Inman News, Monday, December 11, 2006.
- Artist: Delores Conway, Ph.D., Director, Casden Real Estate Economics Forecast, University of Southern California Lusk Center for Real Estate and Associate Professor, Marshall School of Business, USC; David A. Lereah, Senior Vice President and Chief Economist,
- Title: Inman Member Conference Call, December 11, 2006
- Length: 58:50 minutes (6.74 MB)
- Format: Mono 11kHz 16Kbps (CBR)
Housing markets underwent dramatic changes in 2006 with increased inventory listings, slowing home sales and slowing price growth. Consumer confidence surveys show that consumers are still uncertain about where the market is heading. We ask leading housing economists and experts what's on the horizon in 2007 with respect to home sales and prices, interest rates and mortgages, and how this stands to potentially impact the overall 2007 economy in the coming year.
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