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Loan Modification

: Mortgage Lender Implode-o-Meter

Of Course Price Drops Are Moderating- ?Tis The Season

By Implode-Explode Heavy Industries

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A new Arizona State University study shows home prices in the Phoenix area have dropped by a record 37 percent since February 2008, and they?re expected to drop even further

But ASU professor of real estate Karl Guntermann said that?s good news for those looking to sell their homes, too. Although prices are dropping, he said the latest figures show they?re falling at a slower rate.

Full post as published by Mortgage Lender Implode-o-Meter on May 20, 2009 (boomark / email).

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