“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

HOME PRICES WILL CONTINUE TO DECLINE

Despite some tentative signs of recovery, the U.S. housing market remains vulnerable to further price drops-especially in areas where large numbers of mortgages are headed toward foreclosure over the next few years. http://online.wsj.com/article/SB10001424052748703816204574487240805281318.html

It's only natural that home prices will continue to decline, as we are facing more foreclosures and short sales in areas of the country...however, it's still a great time to buy...especially if you plan on owning your home or investment property for the next 7-10 years!

Posted Thursday Oct 22