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Phil Soper says... - Printable Version

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Phil Soper says... - manyfranks - 01-13-2013

Various Places, January 2012:
Quote:Widespread calls for a major real estate correction in 2012 simply can’t be justified. The industry has significant momentum entering the year, and buoyed by the stimulative effect of very low interest rates, we expect the market to continue to expand – albeit at a slower pace.”

G&M, January 2013:
Quote:“Stepping back and looking at the market overall, it is clear now that it peaked nationally in the May to June time frame,” Royal LePage CEO Phil Soper said in an interview. “This cyclical correction is well under way, and I would expect that it would continue through the first half of 2013.”