How much more can housing prices fall?
Friday, April 4th, 2008It is no secret that housing prices are on a slippery slope. If you are a seller, life it very tough for you right now. You are asking yourself…How much more drop can I take?….Should I just cut my losses now?….Can I prevent foreclosure?
According to this blog post, the author suggests real estate prices have only fallen 30% of what they will fall in the near future. Is there another 70% drop ahead? If you are a buyer or an investor, you hope it does. If you are a seller, you are holding your breath!