2011 seen as ‘turning point’ for home prices

Jul 05, 2011

More than half of economists, real estate experts and investment strategists polled by MacroMarkets LLC in June said they now expect national home prices to hit a bottom sometime in 2011 and remain stable through 2015.

MacroMarkets polls more than 100 housing experts with a wide range of views, including FusionIQ CEO Barry Ritholtz, Moody’s Analytics economists Mark Zandi and Celia Chen, National Association of Realtors Chief Economist Lawrence Yun, Freddie Mac Chief Economist Frank Nothaft, and Rosen Consulting Group’s Kenneth Rosen.

About the Author

Robert Ramblas brings passion, integrity and a commitment to excellence to every client and sales opportunity. A resident of Altadena and a real estate leader with over a decade of experience, Robert Ramblas lends his award-winning expertise to buyers and sellers throughout the communities of Pasadena, Altadena and San Marino. As a second generation Realtor and Pasadena area property owner for the past 12 years, Robert brings a personal wealth of knowledge to each transaction.