market update - march 2012
TRANSCRIPT
3-2012 Market UpdateWhat’s UP/Down with Housing and Lending?
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(c) KendallTodd, Inc. - 20122
Key Takeaways1) US Economy: Continue to improve, but slowing (neutral).2) Jobs: Continue to improve (positive).3) Savings: Declining slightly (negative).4) Inventory: Continue to decline (positive).5) Valuation: Still declining (negative).6) Future: Housing stabilizing, but prices will take longer to respond.7) Investors: Paying cash to get bargain prices.8) New Buyers: Mass affluent isn’t as affected by stock price
appreciation, still waiting to see housing prices improve.9) Overall: Bottom forming in housing, but still have a ways to go.
(c) KendallTodd, Inc. - 2012
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Market UPdate
General Market
Street Level
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$163,500 Median Price
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Where Are We Now?
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Market UPdate
General Market
Street Level
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(c) KendallTodd, Inc. - 201235
Key Takeaways1) US Economy: Continue to improve, but slowing (neutral).2) Jobs: Continue to improve (positive).3) Savings: Declining slightly (negative).4) Inventory: Continue to decline (positive).5) Valuation: Still declining (negative).6) Future: Housing stabilizing, but prices will take longer to respond.7) Investors: Paying cash to get bargain prices.8) New Buyers: Mass affluent isn’t as affected by stock price
appreciation, still waiting to see housing prices improve.9) Overall: Bottom forming in housing, but still have a ways to go.