- Nov 07, 2020
Top 10 Mark Zandi Quotes
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- Last Updated on May 30, 2021
- Economy
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- Nov 07, 2020
Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense.
- Home
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- Nov 07, 2020
A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But housing turned the corner last year, and it will take off in 2013.
- Decision
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- Nov 07, 2020
Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?
- House
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- Nov 07, 2020
Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.
- Great
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- Nov 07, 2020
Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.
- Ensure
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- Nov 07, 2020
The Obama administration deserves credit for quickly ending the housing free fall. In particular, Obama empowered the Federal Housing Administration to ensure that households could find mortgages at low interest rates even during the worst phase of the financial panic.
- Broader
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- Nov 07, 2020