All Posts Tagged With: "real estate 209"

Are We Nearing a Housing Market Bottom?

It’s been a long, downslide for homeowners or anyone trying to buy a house.

But a Moody’s Economy.com report, “Housing in Crisis: When Will Metro Markets Recover?”, says we could be nearing the end.

Specifically, the study estimates that: 

  • House prices will stabilize by the end of this year.
  • The national Case-Shiller house price index will decline by another 11% from the fourth quarter of last year for a total peak-to-trough decline of 36%.
  • Before the downturn ends, house prices will have declined by double-digits in nearly 62% of the nation’s 381 metro areas. House price declines will exceed 30% in about 10% of U.S.…
9Feb2009 | Money Morning | 0 comments | Continued

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