Investing in Real Estate - Creative Opportunities Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Investing in Real Estate - Creative Opportunities

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RetiredNow who wrote (1921)	8/26/2013 4:08:13 AM
From: John Vosilla	Read Replies (2) of 2722

‘We’re in Nirvana for Housing’: Zelman A scarcity of homes for sale and record-low mortgage rates are setting up for a bullish real estate market, Zelman & Associates CEO Ivy Zelman said Thursday on CNBC. "I think we're in nirvana for housing," she said. "I think that I have to tell you, I'm probably the most bullish I've ever been fundamentally, and I'm dating myself, been around for over 20 years, so I've seen a lot of ups and downs." On " Fast Money," Zelman likened consumer sentiment to a battleship pointing down for the past several years. "And then the inventory cleared, the blight goes away, consumers feel better and now it's really this urgency to go find a house," she said. "I'll tell you, there are Realtors blanketing neighborhoods, asking people to sell their homes." Zelman correctly called both the housing market's top in 2005 and the bottom in 2012. cnbc.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next