NAR Economist Lawrence Yun Answers Questions
From the Economic Issues and Real Estate Business Forum from this year’s Annual Meeting & Expo in New Orleans
Palm Coast, FL – December 16, 2010 – National Association of Realtors® Chief Economist Lawrence Yun answers some questions from the Economic Issues and Real Estate Business Forum from this year’s Annual Meeting & Expo in New Orleans. Approximately 2,000 people attended the Forum and brought their questions along. Watch the video below to see Lawrence Yun’s take on some unanswered questions.
Questions and Minute Markers
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How will the number of consumers that cannot qualify for mortgage financing due to having experienced a short sale or foreclosure affect recovery? (0:48)
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How have the figures for projected shadow inventory been estimated? (2:03)
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How do we address the downward trend of appraisals that is feeding on itself? (3:05)
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What about sellers who are waiting out the current market to list their homes? Won’t this flood the market with inventory at the first stage of recovery? (4:59)
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What are the newest household formation figures and how do they affect pent up demand? (6:11)
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Other than job numbers, what fundamentals will improve the housing market? (7:40)
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What percentage of loans in the U.S. are currently government-backed? (9:28)
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What impact will the loss of federal subsidies to states and municipalities have on property taxes and home values? (10:28)
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Why are both gold and the stock market high? Isn’t it usually the case that stocks are high when gold is low? (11:30)
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Do you think that Fannie Mae and Freddie Mac will survive for much longer? (12:36)
©National Association of Realtors® – Reprinted with permission
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