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Loan Modification

: Mortgage Lender Implode-o-Meter

Duck! Watch out for falling home prices

By Implode-Explode Heavy Industries

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" The average home price in the United States will fall by about 6% by September 2011, according to a joint report between Fiserv and Moody's Economy.com. And that's after plunging more than 27% in the past three years. Most of the projected home price decline will occur during the usually slow summer months of 2010. After that, prices should begin to stabilize, according to Fiserv, and stay almost flat through fall of 2011."

Full post as published by Mortgage Lender Implode-o-Meter on February 26, 2010 (boomark / email).

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