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Economists Predict Home Prices Will Continue Falling

A report released today suggests that national housing prices, which has begun to plateau from their precipitous declines of 2008-2010, will continue to do so through 2011.

Click here for the article from the New York Times.

What are you seeing in your local area?  Are prices beginning to bottom-out?  Have you been helped by falling interest rates?

Let us know in the blog forum.

 
Comments (1)
Falling home prices
1Tuesday, 27 July 2010 17:18
Dallys Novarina
Here in southeast PA it would seem that prices may have leveled off. The falling interest rates have given us a flurry in refinances. EVERYONE should refinance with a grassroots local title agent who has the consumer's best interest at heart. Do not be fooled by Lenders who try to sell one stop shopping-it is a conflict on interest in my opinion. Are they really looking after the title interests/problems of the consumer or is their primary concern their fee? Get a professional title agent whose job it is to make certain that the condition of your title to the single most important investment you will ever make is secure. Rates are at an all time low- almost unbelievable.