Housing Forecast

1

• Housing Forecast
• The outlook for housing prices isnt likely to
  improve for several years as the market works
  through excess inventory.

House price at the start of the year
House price at the end of the year
400K
500K
600K
700K
800K
900K
1 M
2000
10
2001
12
2002
12
2003
15
2004
13
2005
15
2006
-8
2007
PROJECTED
-7
2008
-4
2009
-2
2010
0
2011
3
THE STAR-LEDGER
SOURCE Otteau Valuation Group