The Real Estate Deal
Editor Cindy Zetts dishes on real-estate and development around Puget Sound: She lived in apartments, townhomes and houses -- a dozen of them in four states -- before settling in the Seattle area in 1997. After taking a bath on the sale of her first home, in South Florida, she vowed to wise up about real estate. She bought a house in Covington 10 years ago because, well, she could afford one there.
SubscribeDecember 1, 2008 2:41 PM
Real-estate outlook: Is the glass half-full, half-empty or broken?
Posted by Cindy Zetts
Anyone looking for a definitive answer to the question about the outlook for the 2009 real-estate market need look no further than Inman News to see why one isn't in the offing.
In the afternoon edition of today's Inman "Daily Headlines," the first two items are "Pessimism about 2009 recovery," which outlines and refers readers to an Inman survey of expectations for the 2009 market, and "Get ready for real-estate rebound," which outlines the reasons the market could improve next year.
Take a read of both. Let me know which side you come down on -- that of survey respondents who say a rebound won't happen before 2010 or that of columnist Bernice Ross, who says next year will be better than anyone thinks. (I'm crossing my fingers that Ross is right, but I'm afraid those fingers will cramp up before I can uncross them and we're in the clear.)
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