stabilizing predicted in 2012: Stabilizing Predicted in 2012
- 01/11/12 09:44 AM
Home prices this year stopped their decline and gain momentum across all markets as more and more individual markets stabilize. Though national prices will be level, the majority of markets are estimated to stabilize in 2012. Clear Capital recently reported a 2.1 percent year-over-year decrease in 2011 that was reinforced by a leveling of prices in the latter half of the year and decreasing REO saturation. 2011 was reported as a comparatively unobtrusive year for home prices compared to the last five years, national prices were down a little more than the past year and sitting at their bottommost point since (0 comments)