Friday, July 04, 2008

Money Magazine Home Price Forecasts

Money magazine forecasts home prices over the next year.
The housing implosion is nowhere near over. In 75 of the 100 top U.S. cities, prices are expected to fall in the next 12 months according to Fiserv Lending Solutions....Many markets won't hit bottom till late 2009 or even 2010.

3 comments:

  1. Ummm... that article was from May.

    I think that for the DC area, the price has already fallen the 13 some add percentage points forecast (looking at housing tracker.net for this). But perhaps they aren't tracking the same thing.

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  2. I suppose there's another 13 to go -and then some.

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