Friday, December 2, 2011

Things are looking up :)

Housing in 2012: Things are looking up - Last year the economic forecasting firm Fiserv predicted that home values would sink around 5% in 2011, and that prices in three-quarters of the nation's major metro areas would fall. The bad news is, the firm wasn't that far off the mark. The good news: In the coming year, Fiserv thinks 95% of the 384 metro areas it tracks will see prices rise. Foreclosures will continue to weigh on the market. According to Core- Logic, there are 5.4 million homes that are for sale or part of the market's "shadow inventory". Read article:
http://money.cnn.com/2011/11/11/pf/make_money_2012_housing.moneymag/index.htm

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