25inIrvine_IHB
New member
<a href="http://lansner.freedomblogging.com/2009/10/29/16-percent-gain-forecast/41779/">http://lansner.freedomblogging.com/2009/10/29/16-percent-gain-forecast/41779/</a>
I can't find details of the forecast on the UCLA website, so if anyone finds it, please post.
Even if I was an optimist on housing, I couldn't predict double digit growth in one year
Here is a couple of the interesting things to me:
"?That mortgage interest rates will remain low. Southern California rates likely will be below 6% through 2015, the forecast said."
"?That commercial real estate will be hampered by high unemployment through 2010, with recovery not expected until around 2011."
So commercial real estate will be hampered by high unemployment but residential won't?
I can't find details of the forecast on the UCLA website, so if anyone finds it, please post.
Even if I was an optimist on housing, I couldn't predict double digit growth in one year
Here is a couple of the interesting things to me:
"?That mortgage interest rates will remain low. Southern California rates likely will be below 6% through 2015, the forecast said."
"?That commercial real estate will be hampered by high unemployment through 2010, with recovery not expected until around 2011."
So commercial real estate will be hampered by high unemployment but residential won't?