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First American: House Prices May Bottom in March

By AUSTIN KILGORE

First American CoreLogic projects continued short-term declines through winter, followed by price improvements in the spring. The firm projects the country?s 45 largest markets will decline an additional 4.2%, driven by a surge in foreclosure resales hitting the market. But a decline in unemployment and improvement in inventory levels will help prices bottom out in March [...]

Full post as published by Housing Wire on December 21, 2009 (boomark / email).