Sep 8th 2011 1:10PM
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 »
Feb 15th 2011 2:25PM
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 »
Nov 1st 2010 11:57AM
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 »
Jun 1st 2010 12:00PM
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 »
