Real Estate Marjory Duffin has persuaded John O’Hagan to consider investing a portion of OHaganBooks.com profits in real estate, now that the real estate market seems to have bottomed out. A real-estate broker friend of hers emailed her the following (somewhat optimistic) graph from brokersadvocacy.com:
Home price index
Here,
a. Assuming that the trend shown in the graph continues indefinitely, estimate
b. Estimate
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