Monday, October 15, 2012

USA real estate recovery

The real estate market is in the USA is primed for a quick recovery, completing the rebound by as early as 2015 according to Barclays Capital.

Now is the time to be looking at investing in USA real estate.   

"That turn in the [housing] market is occurring now and it should become a boom by 2015. It will be powerful enough ... to lift the entire U.S. economy," said Roger Altman, chairman of Evercore Partners and former deputy Treasury secretary, in a column for the Financial Times.


Altman said he expects housing will add 4 million jobs to the economy over the next five years, as pent-up demand for home purchases drives building and and home prices higher.

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