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A recent survey says that the realty estate will revive in the next few months?

A recent survey by ASSOCHAM had 90% of its respondents believe that the realty estate will revive within the next three months. What is your take on it?

Optimistic. i work in the field; I’m thinking Spring 10

This entry was posted on Sunday, February 7th, 2010 at 11:33 am and is filed under realty. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

7 Responses to “A recent survey says that the realty estate will revive in the next few months?”

  1. Optimistic. i work in the field; I’m thinking Spring 10
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  2. It all depends on where you live. Some areas in California and Florida are already improving.

    Real estate markets are local, not national.
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    http://www.SouthFloridaRealEstateReport.com

  3. Depends what they mean by revive? At best in the US and Cnada it may bottom out and go sideways . Some areas that that have commodity based economies like oil might see a 2-3% increase. I just don’t see any pent up demand from any age group right now. Also the commercial sector is having a lot of trouble that may indirectly affect the residental sector. Another iffy problem is the possiable prime mortgage fallout. Definatlely a wait and see situation.
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  4. nope, not before 2012
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  5. Smoking crack. Market may go down more slowly but it will keep going down for the rest of this year.
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  6. Surveys can be skewed to favor the people or organizations that are paying for them. Some real estate will revive, but most will not is my unpaid, unsurveyed opinion.
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  7. Nope, it will not happen. The media would like to make you believe that but with Obama making the decisions that he’s made, it will not happen for many years.
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