Friday, July 27, 2012

Rates Down Again As Prices Finally Turn Back Up

“After four months with rising home values and increasingly positive forecast data, it seems clear that the country has hit a bottom in home values,” said Zillow Chief Economist Dr. Stan Humphries. “The housing recovery is holding together despite lower-than-expected job growth, indicating that it has some organic strength of its own.” The chart(click to enlarge) shows recent price changes in major U.S. markets. More charts and predictions from

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