Matthew R. Carreon

The Mortgage Blog of Matthew R. Carreon

The Housing Market & The Economy

Paul Nolte, Managing Director at Dearborn Partners, says, despite excess inventory in the housing market, the overall economy will continue healing at very slow pace.

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The Foreclosure Market Forecast

Rick Sharga, senior vice president of RealtyTrac, says uncertainty in the foreclosure market will lead to slower sales this quarter, followed by an accelerated rate of activity in the first quarter of 2011.

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Home Prices and The Slow Recovery

Robert Shiller, Yale University economics professor and co-founder of the Case-Shiller Home Price Index, expects home prices to continue to grow over the next four years, but at a slow pace.

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Jobs and The Housing Recovery

Lawrence Yun, the National Association of Realtors’ chief economist, says job creation numbers are headed in the right direction and that, along with low mortgage rates, will be the key to bringing buyers back to the housing market.

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Foreclosures and The Housing Recovery

Mark Zandi, co-founder of Moody’s Economy, says growing issues in the foreclosure market may put the housing recovery on hold, but he believes the delay will be weeks rather than years.

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The Tax Credit and Price Stabilization

Jim Gillespie, president and CEO of Coldwell Banker Real Estate, says without the homebuyer tax credit home prices would not have stabilized and there would’ve been far more foreclosures this year.

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Housing Market’s Fundamentals Show Improvement

Charles Lieberman, chief investment officer at Advisors Capital Management, says the housing market’s fundamentals are improving but a full recovery is dependent on job growth.

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Housing, Tax Credits, And The Economy

Bernie Markstein, senior economist with the National Association of Home Builders, says the homebuyer tax credit helped stabilize prices but further improvement in housing is now dependent on general economic growth.

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Real Estate Market On The Rebound

Sam Zell, CEO of Equity Investments, sees increased activity in the real-estate market and says, despite the dire predictions and forecasts of industry analysts, it is improving slowly and will continue to get better.

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A Buyers’ Guide To Today’s Housing Market

Spencer Rascoff, chief operating officer of Zillow Real Estate, says now is a good time to buy a home but not if the buyer plans on being in the home for fewer than five years.

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About Me:

Matthew R. Carreon is a certified mortgage planning specialist and founder of Leveraged Home Equity in Newport Beach, CA. Matthew graduated from Cal State Long Beach in 2001 with a B.A. in English and a minor in Entrepreneurship. Matthew's primary focus is on empowering his clients to make sound financial decisions through education and proper planning. His writing has also appeared in Entrepreneur Magazine, The Murrieta Insider, Carve Magazine and the Golf Guide.

Contact:

Matthew R. Carreon
Certified Mortgage Planning Specialist
Leveraged Home Equity
895 Dove St., 3rd Fl.
Newport Beach, CA 92660
Phone: 888-386-3221
Cell: 562-244-2873
Fax: 877-500-8670
Email: matthew@matthewcarreon.com
Website: www.matthewcarreon.com

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