Dr. Mark Dotzour feels more bullish about the national economy this year than he has in the last five years. And with good reason.
“Real estate construction is growing again finally. There are more people at work. We’ve got five years of pent-up demand [for housing and commercial properties]. And, very importantly, Americans have credit capacity again,” said the Real Estate Center’s chief economist.
In a new video available on the Center’s website, Dotzour says the most significant change he sees going forward in 2013 is that residential housing markets in most of the country are stabilizing.
Watch video...Bullish 2013 Outlook -- Real Estate Center at Texas A&M University
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