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: Loan Modification & Home Loan News

Moody?s Chief Economist: Not Done With House Price Declines

By Moe Bedard

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NEW YORK (Dow Jones)–Home prices in the U.S. will continue to fall as foreclosures increase over the rest of the year, though commercial real estate prices have bottomed out, according to Moody’s Analytics’ chief economist. Mark Zandi, speaking at Moody’s Corp.’s (MCO) investor day, said he expects home prices to fall 5% from the first quarter [...]

Full post as published by Loan Modification & Home Loan News on June 11, 2010 (boomark / email).

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