Podcast: Economy needs to rebound to strengthen real estate market

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Austin Jaffe, Ph.D.

PAR’s consulting economist Dr. Austin Jaffe says the economy and the unemployment rate need to rebound in order for the real estate market to get stronger.  Jaffe says when prices stop declining it will be a bright spot for the industry. “That will be a signal to the rest of the market that buying homes and investing in housing as a consumer good will be less risky,” he added.

Duration: 2:23

Related posts:

1. The ‘new normal’ real estate market

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Tags: Economics, jaffe, podcast

This entry was posted on Monday, February 22nd, 2010 at 6:00 am and is filed under Economics, Real Property Podcasts. You can follow any responses to this entry through the RSS 2.0 feed.