Lake Forest: Housing Market about to take off?

There are so many conflicting views on the real estate market right now.  Adding to the mix, Mike Castleman, CEO of Metrostudy, a real estate data provider, is predicting that we are now heading into a significant housing shortage that is very likely to drive up home prices.  His logic comes from tracking construction.  With so few new homes available or under construction, once sales return to a near-normal level, we may experience a serious shortage for a period of time.  For more on the story and today’s interest rates, click on link below:

You can follow any responses to this entry through the RSS 2.0 feed.

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>