SlideShare a Scribd company logo
1 of 5
Have we reached a bottom?
     “The crash is over” – Mark Zandi, Moody’s Chief Economist 4/25/12




                                                    Source: Standard and Poor’s, Derived

AIM XXXIV                                                                             1
Will housing now leap forward?




                  Source: NAHB/Wells Fargo Housing Market Index, U.S. Census Bureau, NBER.

AIM XXXIV                                                                               2
More likely to languish during 2012…




                     Source: NAHB/Wells Fargo Housing Market Index, U.S. Census Bureau, NBER.

AIM XXXIV                                                                                  3
Foreclosures causing a “gap”
 as new home sales flatline




                                Source: NAR

AIM XXXIV                                4
Bottom is not really here…yet
 Prices have more room to fall




                     Source: MBA National Delinquency Survey, Lender Processing Services

AIM XXXIV                                                                             5

More Related Content

Viewers also liked

εντυπωσιακες βιβλιοθηκες ανα τον κοσμο
εντυπωσιακες βιβλιοθηκες ανα τον κοσμοεντυπωσιακες βιβλιοθηκες ανα τον κοσμο
εντυπωσιακες βιβλιοθηκες ανα τον κοσμοektoscosmosnews
 
Aoral:製作中の作品紹介
Aoral:製作中の作品紹介Aoral:製作中の作品紹介
Aoral:製作中の作品紹介Tomoki Suzuki
 
Investment Club Stock Pitch
Investment Club Stock PitchInvestment Club Stock Pitch
Investment Club Stock Pitchdyoung7nd
 
継続的インテグレーション を軽く紹介
継続的インテグレーション を軽く紹介継続的インテグレーション を軽く紹介
継続的インテグレーション を軽く紹介Tomoki Suzuki
 
Φασισμός-Ναζισμός
Φασισμός-ΝαζισμόςΦασισμός-Ναζισμός
Φασισμός-Ναζισμόςektoscosmosnews
 
Literary appreciation
Literary appreciationLiterary appreciation
Literary appreciationReny Eka Sari
 
How to get a good table manner
How to get a good table mannerHow to get a good table manner
How to get a good table mannerReny Eka Sari
 
Marketing opérationnel
Marketing opérationnel Marketing opérationnel
Marketing opérationnel raouia mira
 
Spotme Training Solutions for the Automotive Manufacturer Industry
Spotme Training Solutions for the Automotive Manufacturer IndustrySpotme Training Solutions for the Automotive Manufacturer Industry
Spotme Training Solutions for the Automotive Manufacturer IndustryAndy Frezza
 
Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...
Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...
Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...Audrey Defretin
 

Viewers also liked (12)

April 20 day 1
April 20 day 1April 20 day 1
April 20 day 1
 
εντυπωσιακες βιβλιοθηκες ανα τον κοσμο
εντυπωσιακες βιβλιοθηκες ανα τον κοσμοεντυπωσιακες βιβλιοθηκες ανα τον κοσμο
εντυπωσιακες βιβλιοθηκες ανα τον κοσμο
 
Jeans'
Jeans'Jeans'
Jeans'
 
Aoral:製作中の作品紹介
Aoral:製作中の作品紹介Aoral:製作中の作品紹介
Aoral:製作中の作品紹介
 
Investment Club Stock Pitch
Investment Club Stock PitchInvestment Club Stock Pitch
Investment Club Stock Pitch
 
継続的インテグレーション を軽く紹介
継続的インテグレーション を軽く紹介継続的インテグレーション を軽く紹介
継続的インテグレーション を軽く紹介
 
Φασισμός-Ναζισμός
Φασισμός-ΝαζισμόςΦασισμός-Ναζισμός
Φασισμός-Ναζισμός
 
Literary appreciation
Literary appreciationLiterary appreciation
Literary appreciation
 
How to get a good table manner
How to get a good table mannerHow to get a good table manner
How to get a good table manner
 
Marketing opérationnel
Marketing opérationnel Marketing opérationnel
Marketing opérationnel
 
Spotme Training Solutions for the Automotive Manufacturer Industry
Spotme Training Solutions for the Automotive Manufacturer IndustrySpotme Training Solutions for the Automotive Manufacturer Industry
Spotme Training Solutions for the Automotive Manufacturer Industry
 
Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...
Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...
Internet, réseaux sociaux, mobilité: de nouvelles stratégies en oeuvre dans l...
 

State Of The Housing Market

  • 1. Have we reached a bottom? “The crash is over” – Mark Zandi, Moody’s Chief Economist 4/25/12 Source: Standard and Poor’s, Derived AIM XXXIV 1
  • 2. Will housing now leap forward? Source: NAHB/Wells Fargo Housing Market Index, U.S. Census Bureau, NBER. AIM XXXIV 2
  • 3. More likely to languish during 2012… Source: NAHB/Wells Fargo Housing Market Index, U.S. Census Bureau, NBER. AIM XXXIV 3
  • 4. Foreclosures causing a “gap” as new home sales flatline Source: NAR AIM XXXIV 4
  • 5. Bottom is not really here…yet Prices have more room to fall Source: MBA National Delinquency Survey, Lender Processing Services AIM XXXIV 5