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Back and forth and back and forth – the latest headline in LinkedIn Real Estate headlines states: Freddie Mac Ready for Growth in Housing Markets
Really?
- 9.1% unemployment
- Consumer confidence is still low
- Home values are down – still making people feel poor or poorer
- Mortgage rates are low – but who’s lending?
The headlines on Linked In below indicate that not only is the market uncertain, the viewpoints are as well. One day optimism, next day gloom.
- Freddie Mac’s Nothaft pegs mortgage rates at less than 5% through 2011
- Freddie Mac says rising mortgage rates won’t stop the housing recovery in 2011
- Freddie Mac averages 15 months to foreclose
- NAHB: Housing starts to grow 21% in 2011