Meyer sees five principle trends to watch: A sideways move in single-family starts; a continued torrid pace in starts for multi-families, which surged 60 percent in 2011; home prices falling another 7 percent through 2013; another eight million foreclosures through 2015, on top of the seven million so far during the crisis; and Congress to develop a plan to get real estate-owned, or REO, properties off banks' books.
Meyer sees five principle trends to watch: A sideways move in single-family starts; a continued torrid pace in starts for multi-families, which surged 60 percent in 2011; home prices falling another 7 percent through 2013; another eight million foreclosures through 2015, on top of the seven million so far during the crisis; and Congress to develop a plan to get real estate-owned, or REO, properties off banks' books.
http://www.cnbc.com/id/45973803
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