From RealTrends.com: Home prices could rise 35% without stretching affordability, said Raj Dosaj, vice president of the behavioral library and home price index at LPS Applied Analytics.Dosaj made that bold assertion while speaking at “Outlook: Is the Housing Recovery for Real?”, a webinar hosted and moderated by HousingWire’s executive editor, Jacob Gaffney.
Dosaj was joined by Christopher Whalen, executive president and managing director for Carrington Investment Co. Whalen was quick to say the housing recovery is real.
“I think given the magnitude of the drop that we saw, you almost had to have a rebound and that’s indeed what is happening,” Whalen said.
Read more: LPS: Home prices could skyrocket 35% without affecting affordability | HousingWire.