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Old 12-27-2012, 21:36   #9
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Join Date: Feb 2007
Location: Texas
Posts: 1,097
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I think the politician plump up the conditions for 3 years so the market is poised to do as best it can on election year. We are past that now and I anticipate the market to fall in 2013, although the exact timing would be a guess.

Bernake does not want it but I expect housing to go down if rates do rise. Most people buy houses on a "how much is it a month" mentality so if rates go up 1 or 1.5% their payments go up and they cannot afford as much house, and house prices end up declining.

Last edited by Jake514; 12-27-2012 at 21:37..
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