Wall Street Webcasting Presents Wells Fargo Securities: Are Fed`s Policies Fixing the Housing Market?

Thu Jan 24, 2013 10:05am EST

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NEW YORK--(Business Wire)--
Wall Street Webcasting presents exclusive video of Rich Gordon, the highly
regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE: WFC).
This week Gordon examines the United States` past to see if history is bound to
repeat itself. 

Housing prices have been recovering for the past nine months and recently, due
to the Fed`s purchases, the price gains have been relatively strong. As the Fed
pushes mortgages lower they are pushing housing prices higher. Gordon states
that "housing prices are now growing at a much faster annual rate than the
annual interest rate on mortgages used to finance the properties." Currently,
the housing market resembles the trend from late 2003 to 2006, but will this
produce another real estate bubble? 

To hear Gordon`s predictions for the real estate market, tune into Wells Fargo
Securities` newest video. 

Please visit the following link to view the video: 

http://www.wsw.com/webcast/wav/

Wall Street Webcasting
Tracy Lewin, 201-683-2100 

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