Tuesday, May 10, 2011

Home Prices To Stabilize By Third Quarter!

Another Crystal Ball? At least this one is backed up with factual realities!

Amplify’d from www.dsnews.com


Fiserv Expects Affordability from Declining Prices to Stabilize Housing

Fiserv, Inc. on Monday released an analysis of home price trends in more than 375 U.S. markets. While residential property values are continuing to fall on a year-over-year-basis in three-quarters of the metros covered in the study, Fiserv sees signs of stabilization on the horizon.



Based on its analysis of the Fiserv Case-Shiller Indexes and data from the Federal Housing Finance Agency, the Wisconsin-based information and technology provider reports that home prices in the fourth quarter of 2010 continued the double-dip that started in the summer of last year following the expiration of the homebuyer tax credit.

Read more at www.dsnews.com
 

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