What’s the Daily forcast?

By Danielle Hale, Research Economist 

Daily Forecast Update

• NAR’s monthly official forecast as of February 2nd
• GDP 2010 Q1: +2.1% ↑
• GDP 2010 Q2: +2.0%
• GDP 2010 Q3: +2.4%↓
• Unemployment rate by the mid-2010: 10.2%
• Average 30-year fixed mortgage rate by mid-2010 2009: 5.4%

Economists’ Outlook: Daily Forecast Update, February 23, 2010

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Modest Rise in U.S. Home Prices in December – NYTimes.com

Home prices notched a modest increase in December, according to a widely watched index of 20 metropolitan areas.

Modest Rise in U.S. Home Prices in December – NYTimes.com

Many market research firms are saying that the market is rebounding, but many are staying cautious, waiting for consistent growth patterns.. 

Tags: HomePrices, RealEstate, index,

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This Month in Real Estate (US) : February 2010

Sellers who listed their home at the price originally recommended by their agent sold it:

• 38 days faster
• for 2.25% higher
• with 1 less price reduction

Find out more watch This Month in Real Estate February

This Month in Real Estate (US) : February 2010