Thursday, December 15, 2011

Freddie Mac's 2012 Outlook: Housing to Slowly Gain Ground

Five outlook highlights:

  • Economic growth will likely strengthen to about 2.5 percent in 2012.
  • The U.S. unemployment rate will decline but likely remain above 8 percent.
  • Mortgage rates will likely remain very low, at least through mid-2012.
  • Housing activity will be better in 2012, but not robust.
  • Expect less single-family originations but more multifamily lending in 2012.
http://realtormag.realtor.org/daily-news/2011/12/15/freddie-macs-2012-outlook-housing-slowly-gain-ground
Shan Saigal
Broker-Referral Realty Silicon Valley
Direct:  408-505-9302 /Dre#00768704

Posted via email from Real Estate-How's the Market?

No comments:

Post a Comment