Housing Prices Predicted to Fall Through 2011 | Mortgage Rates & Trends: Mortgage Blog
Sep 12, 2010
Housing Prices Predicted to Fall Through 2011 | Mortgage Rates & Trends: Mortgage Blog.
There is a report from Credit Suisse via Reo-Insider.com today that says the majority of real estate brokers and agents believe that housing prices will continue to decline into 2011. They’re not the only ones.
The results of this survey are positive in that they demonstrate that most of the real estate professionals that responded understand the basic tenets of supply and demand. I cannot say the same for the homeowners who said in a Case Shiller survey they “believed prices would rise about 10 percent a year for the next decade“.
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