John Levy, president and founder of John B. Levy & Company, appeared on Bloomberg Surveillance live from their London studio, discussing the impact of technology on housing and outlook for the real estate market.
GSE Party Has Already Started to Slow: John Levy on Bloomberg Surveillance
John Levy and FOX Business host Tracy Byrnes discuss the current real estate market.
After four gut-wrenching years in the tank, commercial real estate is staging a strong comeback. Sales in 2012 were up a whopping 24%, while fully a third of that activity occurred in the 4th quarter. Interestingly, despite the strong comeback, peak prices are still on average 20% below the 2007 peak.
John Levy discusses the Federal Reserve’s decision to keep interest rates historically low, and how this impacts the real estate market.