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Loan Modification

: Loan Modification & Home Loan News

U.S. Home Prices Face Three-Year Drop as Inventory Surge Looms

By Moe Bedard

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The slide in U.S. home prices may have another three years to go as sellers add as many as 12 million more properties to the market. Shadow inventory — the supply of homes in default or foreclosure that may be offered for sale — is preventing prices from bottoming after a 28 percent plunge from [...]

Full post as published by Loan Modification & Home Loan News on September 15, 2010 (boomark / email).

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