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Loan Modification

: Mortgage Lender Implode-o-Meter

Are Home Prices Too High ? or Too Low?

By Implode-Explode Heavy Industries

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"Might home sales pick up again in a couple of months? Perhaps, but I doubt it. I simply do not see any compelling reason for the marginal home buyer to make that purchase. By September, we will be fighting seasonal factors. The exception is the key bubble bust regions, where foreclosures are driving prices as much as 50% off the peak prices."

Full post as published by Mortgage Lender Implode-o-Meter on June 28, 2010 (boomark / email).

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