Updated about 15 years ago on . Most recent reply
Home Prices Projected to Begin Rebound in 2011
or so says this WSJ article .... "U.S. home prices will begin a gradual recovery by next year according to a survey of 92 economists and other housing analysts" .... I hope they're right!
Home Prices Projected to Begin Rebound in 2011
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The most important trend in my opinion will the unemployment rate. Once that rate reliably dips below 8% nationally and of course stabalizes in local markets then we will see housing demand increase and hopefully prices stablize.
Will they increase significantly... not until the "shadow" inventory is absorbed.