Obama's Year 5 of 8: BANKS see surge in Home Prices in 2013

[drivebymedia]

Ben S. Bernanke’s efforts to revive housing are making real estate bulls even more bullish.

JPMorgan Chase & Co. (JPM) more than doubled its forecast for U.S. home price gains in 2013 to 7 percent this week, and predicts a more than 14 percent increase through 2015. Bank of America Corp. (BAC) said last week property values will jump 8 percent this year, up from a prior estimate of 4.7 percent in a report titled “Someone say house party?”





JPMorgan Sees Home Prices Up 14% as BofA Touts Party - Bloomberg

 

[drivebymedia]

DOW hit an all time high for the same reasons!!

 

[WUN]

Ben S. Bernanke’s efforts to revive housing are making real estate bulls even more bullish.

What then does this have to do with Obama?

 

[TheSeventhTiger]

good! when there is a shortage of condos in Naples, I will sell mine, take the money and run!!!

 

[TheSeventhTiger]

and they are always building new homes/small condo complexes in downtown naples. in many cases,knocking out homes if the buyer really wants to build here.