Thursday, January 12, 2006

Full house in Orlando

Economists forecast healthy home sales unless speculators bail out

Jack SnyderSentinel Staff Writer January 12, 2006 Orlando Sentinel

The nation's housing markets should remain quite healthy this year, if a bit off last year's record-setting pace -- though that could depend on how investors and speculators behave in coming months, experts in Orlando said Wednesday.

A trio of economists at the International Builders' Show warned that, if investors who have flooded the U.S. market in recent years begin selling off their properties as appreciation rates decline or investments such as stocks become more attractive, it could lead to problems in certain parts of the country. Click on link for full story.

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