Altos predicts a ‘catfish recovery’ for housing market

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This, in addition to February news from the Department of Commerce that housing starts were up 2.8% in January, gives economists hope for a recovery. CEO of Altos Research, a Mountain View, Calif..

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The new Altos Mid-Cities Composite from Altos Research finds the current state of the housing market akin to a "Catfish Recovery," as the market continues to rise and fall. The May numbers reported by Altos exhibit signs of strength in the market (as did March and April numbers we reported months ago), as prices are on the rise in all the composite markets, except New York and Las Vegas, which.

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Market analysts are dialing back on their expectations. bearish-we think that’s misguided,” said Mike Simonsen, co-founder and CEO of real estate data firm altos research. “It doesn’t tell you.

Altos Research is suggesting that investors watch the real estate market like they do any other, such as stocks or currencies. The long-term prices always rising view may be dead, but the ability.

. analytics for Altos Research in a Webcast for customers. But he warned that we’ve entered a new market environment that won’t be easy to forecast. “We’re entering the catfish recovery. What is the.

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