(EMAILWIRE.COM, May 12, 2009 ) Destin, Florida --A new sort of real estate boom may be forming, despite the economic downturn, according to a new report by Housing Predictor. The epidemic of foreclosures is fueling a market of home buyers that don’t seem to care about why the crisis occurred, only that they can get a bargain on a home.
The powerful economic forces at work just may keep the nation out of an economic depression. All economic downturns have their winners and losers. The winners in this case are those who out-waited much of the downturn and are jumping off the fence along with an increasing increasing number of investors, some of whom are buying homes for as little as 25 cents on the dollar from their markets peak highs. Housing Predictor examines the factors behind the developments.
There are a number of other reasons why a new real estate boom may be developing in housing. Housing markets are reeling from falling home prices with an unprecedented epidemic of foreclosures, which have topped 4-million homes, and new home buyers are getting some of the best deals in more than a decade.
Housing Predictor forecasts more than 250 housing markets in all 50 U.S. states, updating forecasts throughout the year as market conditions change. Leading real estate companies, home builders, bankers, real estate investors, home owners and many of the country's largest businesses depend on Housing Predictor forecasts.
Housing Predictor forecasted the national real estate depression, the foreclosure epidemic and regularly conducts Predictor Polls to gauge consumer sentiment on issues related to real estate. Get the details on just how the new real estate boom may be forming, search foreclosures and check the latest real estate news at http://www.housingpredictor.com
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