Home Price Bottom Predicted by Year End

February 11, 2009 by admin · Leave a Comment
Filed under: Mortgage articles 

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The good news is that a home price bottom is expected by year-end, according to one of the nation’s most respected economists.

The bad news, at least for current homeowners, is that prices are set to fall another 11 percent before stabilizing.

Since their peak in 2006, home prices have fallen about 25 percent, per a Moody’s Economy.com report issued today, but the end may be near.

“Notwithstanding Read more