Altos Research – The Catfish Recovery 4,697 views. Altos Research, Real-Time Real Estate Market Data at Altos Research. Follow Published on Jun 2, 2011. From Altos Research, a look at the 2011 housing market using real-time market analytics and leading indicators. The presentation includes a.
Altos: Housing ‘catfish’ swims to the bottom again.. vice president of market analytics at Altos, Altos predicts a ‘catfish recovery’ for housing market.
Home values are on the rise and optimism abounds. Actually, according to reuters.com, the housing market saw an eight-month high in July, evidencing that the economic recovery is officially back on track. Experts actually predict the housing market to keep climbing in 2015. Altos Research predicts a 7 percent increase in 2015.
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of recovery, the housing market has settled into healthy growth and price stability. 2015 US Housing Market Forecast Based on the Altos Research dataset and methodology explained more fully below, we are forecasting US home prices to rise 7% in 2015.
Housing Price Predictions: When Will Prices Rise? Steve Cook, Real Estate Economy Watch In 2006, the experts said housing prices would never fall. They were wrong. In 2009, they said prices had bottomed out and things would be getting better. They were wrong again. Now, they say that the recovery will finally come in 2012.
It’s the Catfish Recovery. Catfish spend their time moving slowly at the bottom of lakes and rivers bobbing up and down from place to place without a clear direction. Expect prices over the long term to hit a bottom, rise a bit, sink back down, rise again-a pattern we expect with the housing market for several years.
The market experiences volatility, but the big, sustained spikes and dips are the exceptions, not the rules. We’re entering the catfish recovery. What is the catfish recovery? Housing prices will find their way back to a fairly stable and sustainable place near the bottom and they’ll stay there for a while.