johngonole

Home Prices May Be Nearing Bottom, Bank Equities to Follow?

I think from here on out home prices movements will be influenced by local economic conditions. In places with rising unemployment prices will continue to fall. In places of rising unemployment they will hold steady and may even rise a small amount. In places with steady to slightly down employment oppurtunities look for a continued slow decline in housing prices. Low interest rates may bring some first time buyers back into the market.