I found this video ABC & News in San Francisco from the San Francisco Gate blog I read. In the video it states from the UCLA Anderson School Forecast, home appreciation to be 11.5% for 2012, 10% in 2013 and by 2017 the total from then till now to be 52.5%. Granted the Andersen economists are the same group which predict the housing bubble and they have a very vaulted repurtation but I think they are incorrect in this prediction.
After working through this down turn, I feel if homes appreciate by half this amount during this period, we should count are blessings. At best, I can onle hope they are right. What do you think? Excuse the ad ABC 7 News video, but it is the best concise report on this. If you want to watch the entire 23 minute video video here is a link to the Anderson site and the September 2011 Economic Forecast Conference.
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