I would like to share the Housing Market Outlook presented by Robert Denk Assistant Vice President Forecasting and Analysis at NSMC and IRM Board of Trustees General Membership Meeting at the International Builders Show January 18, 2010. New home Sales Trainer
Economic Environment
The Great Recession is over
GDP growth has resumed
Job losses are tapering off
Unemployment will decline, but only slowly
Inflation is no threat with so much slack in the economy
Interest rates will remain low
A properly functioning financial sector is critical to recovery in the overall economy Availability of credit to home buyers and builders is critical to recovery in housing
Why Mr. Denk is Optimistic?
The economy is improving but fragile, employment needs to improve
The housing market seems to be sorting itself out
Production has bottomed out and turned up almost everywhere
Prices are getting back to something like normal in most states
Foreclosures are a much bigger problem in some areas than others
If you would like the entire PowerPoint just email me... joe@joecollettigroup.com
Green Products? If so, train your team to sell green!
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