Many believe that in regard to the housing market we have hit the bottom, as home prices have fallen low enough around the Country to encourage home buying. According to an article in New York Times, “for the first time since early 2007, a composite index of 20 major cities was virtually flat, instead of down.” Many believe this plateau will lead to an increase in housing prices in the near future and in time a recovered housing market.

This entry was posted on Wednesday, July 29th, 2009 at 1:04 pm and is filed under Foreclosure. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.