have homes reached the bottom yet: Have homes reached the bottom yet?
- 06/19/12 05:44 AM
Have homes reached the bottom yet?
Mortgage rates fell for three years, and home prices increased all over the country. Now that mortgage rates are adjusting and there isn’t enough equity to refinance people don’t know what to do. Prices have dropped in most places, sometimes between 40 to 60%.
In the long run, it’s impossible to predict whether the economy has bottomed out or not, but all signs are written on the wall. Even though there was some good news toady with the National Association of Realtors (NAR) that pending home sales rose 6.3% in April … (1 comments)
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Have homes reached the bottom yet?
;)
;)
;)
