Best-case scenario for housing next year
Part 1: 2006 real estate forecast
By Janis Mara, Tuesday, December 27, 2005."Moderation in all things." -- Aristotle
As John and Jane Doe Home Buyer enter the year 2006, driving their Ford Focus down Main Street, they see a moderate number of townspeople buying lunch boxes and new work clothes, signifying modest job growth. As they pass a local bank, the automated ticker display registers interest rates at 6 percent. Best of all, flyers in the window of the local real estate brokerage show house prices reflecting modest appreciation.
At least, that's the best-case scenario for 2006 predicted by experts consulted by Inman News.
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