U.S Housing Historic Undervaluation – Will Housing Finally Take Off?

DEB HALSEY REAL ESTATE
This is an actual home that was made using a retired 727 
According to analysts at Capital Economics, due to the continued depreciation of residential property values at the end of 2010, housing is more undervalued than ever before. Based on Case-Shiller housing index the 4th Q of 2010, housing was 21% undervalued as compared with disposable income per capita and 15% undervalued as measured against disposable income according the FHFA.
Lower prices + low interest rtes = lower monthly mortgage payments. On median priced housing purchased with a 20% down payment, is at record lows of 13% of median income – according to Capital Economics.
The recent de-valuing of housing stock seems to be attracting cash investors – and according to Capital Economics, are driving 70% of the increase in existing home sales since last July, whereas first time home buyers account for just 6% of the increase in sales of existing homes….Man up – it’s time to buy.http://rcm.amazon.com/e/cm?t=debhalsey&o=1&p=8&l=bpl&asins=1888998776&fc1=000000&IS2=1&lt1=_blank&m=amazon&lc1=0000FF&bc1=000000&bg1=FFFFFF&f=ifr

Published by DEB HALSEY REAL ESTATE

The art of the deal transcends all businesses, and more so in real estate than in many other professions. For the client, it's often an emotional purchase or sale, rather than a simple commodity or luxury item. I make it my mission to have each side come to terms with a transaction that works for everyone. It's not always easy, but good things in life usually take effort - something from which I've never shied. Licensed since 2009 as a real estate sales agent in CT & NY, I often work with clients on the border of both areas. With sales and distribution experience for luxury designer products, and watching/reacting to the markets, my acumen for sales was established. Achieving success and contributing to the growth of many global apparel designer brands, such as Giorgio Armani and Paul Smith for over 20 years, it was time for a change. I wanted to explore another passion that would keep me in one location rather than traveling the globe. Now I have the best of both worlds, a successful business as a fulfilling personal life. My husband and I have lived in back country Greenwich since 2003, where we enjoy easy access to great biking, hiking and golf. We love to ski and that's usually where our travel takes us. Life is good in Greenwich!

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