Fiserv - Articles

Home Prices May Not Return to Peak Until 2023

By Les Christie Home prices are showing signs of life, but they have a long way to go to make up for losses from the housing bust. U.S. home prices dropped by a third from the start of 2007 to the start of 2012, according to Fiserv, an analytics firm. Fiserv forecasts prices will bounce back an average of 3.7 percent... Continue Reading »

Real Home Price Recovery Not Expected Until Spring

By Les Christie NEW YORK -- Even though home prices are rebounding in some parts of the country, the overall housing market won't start turning the corner until next spring, according to the latest forecast based on the Fiserv Case-Shiller indices. The forecast, which tracks 384 markets, predicts that nationwide home... Continue Reading »

6 Good Reasons to Buy a Home Now

1. Prices have nearly hit bottom. In most areas, most of the excess has finally been wrung out of the market. But if you're buying a first home or looking to trade up, there's no need to rush. Although prices may fall some more -- blame foreclosures still working their way through the system and tighter credit -- they... Continue Reading »

Housing Crisis Hits Previously Healthy Cities

Maybe we are just getting immune to the housing crisis; to the news that homes are underwater in Phoenix and Florida; that all the "sand states" are in real estate hell; and that it costs less to buy than rent in Las Vegas, where 51 percent of the buyers are coming in with cash. But here's a shocker: Seattle, Chicago and... Continue Reading »

Home Prices: Yet to Hit Bottom?

How low can they go? If you're talking about home prices, the answer is, probably about 8 percent lower. Market analytics firm Fiserv has adjusted its home price forecast for the period between June 30, 2010 and June 30, 2011, predicting a drop of 7.1 percent. In February it was predicting a 4 percent increase through... Continue Reading »

Home Price Recovery Will Take Three Years, Morgan Stanley Says

There's more pain ahead for the housing markets, according to a recent report from Morgan Stanley. How likely is this nightmare, and what can you do with this information? "We see potential for another 5-10% decline in nominal prices over the next year," said the authors of "U.S. Housing Strategy: The Long Road Home,"... Continue Reading »

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