|
Doing Fine In 2009 . . . |
Wachovia Securities Chief Investment Officer Tom McManus
has joined the ranks of national financial experts projecting an
economic turn-around in the second half of 2009. In his
just-released 2009 Outlook, McManus cites a lengthy list of
indicators to support his projection, including his conclusion
that the stock market "has already discounted a substantial
amount of negative news" and has evidenced the ability to
advance despite recent downside surprises. But, "gloom and doom levels are
extremely high and may cause investors to miss outstanding long-term buying
opportunities."
McManus notes that the Federal intervention in the money market
has reduced interest rates for new home mortgages, a condition
that will boost both mortgage refinancing and home purchases.
Population growth and new households formation will push demand
for new housing in 2010, with consumers attracted by low
interest rates and home prices. But, he cautions that recovery
hinges upon an upturn in consumer confidence about the effects
of Obama policies on the national economy.
Most national experts agree that United States housing starts in
2009 may be even lower than the reported 925,000 starts in 2008,
but renewed consumer confidence and two years of latent demand
should generate a 60% increase in 2010 and continue upward in
2011 and thereafter (see graph below). Thus, 2009 should be a
preparation time to capitalize on the projected housing demand
in 2010.
|
|
Parker Associates is ready to assist you
to prepare in 2009 for understanding the new consumer
motivations, product preferences and competitive price points
for 2010.
|
|
Now is the time to be preparing for the surge
in demand for new homes. Whether you have a development needing
a new approach or are looking to get started with a new
development,
Parker Associates,
in our 27 year of serving the real estate industry, can ensure
price and target market accuracy of your: |
|
|
~ Due Diligence
~ Marketing Feasibility
~ Market Analysis
~ Market Evaluation
~ Financial Feasibility
~ Fiscal Impact
~ Workout Strategy
~ Marketing & Sales Management
~ Marketing & Sales Audit
~ Repositioning
~ Valuation
|
Click Here For a FREE Quote
 |
|
|
Please examine our methods, services and clients at
www.parkerassociates.com
and then contact one of our principals at (904) 992-9888 to receive
a rapid response on analysis timing and fees. We stand ready to
assist you toward improving performance. We look forward to
hearing from you.
|
