Siegel thinks the housing recovery is going to accelerate through 2013 and is good for the economy and the stock market.
He thinks the numbers show that housing has clearely bottomed and the fact that homeowners are actually seeing some equity creation in their homes will drive their personal spending higher.
Early news on the increased payroll tax is that it isn't impacting the consumer very much and if gas prices could come down a little bit it would be a further push for consumer confidence.
Siegel thinks now is a fabulous time to lock in a mortgage, but he would still prefer stocks to real estate as an investment.
He thinks the numbers show that housing has clearely bottomed and the fact that homeowners are actually seeing some equity creation in their homes will drive their personal spending higher.
Early news on the increased payroll tax is that it isn't impacting the consumer very much and if gas prices could come down a little bit it would be a further push for consumer confidence.
Siegel thinks now is a fabulous time to lock in a mortgage, but he would still prefer stocks to real estate as an investment.
