Will the housing market drop a little bit more in 2010?
Do you think the housing market has bottom out in 2009 or will it go down a little more in 2010? Please be descriptive by saying when it will bottom out and the percentage drop if you believe so.
Asked By: William - 8/14/2009
Best Answer - Chosen by Asker
Depends on the area and state. Most states have seen prices somewhat stabilize, but California, Arizona, Nevada, Michigan, Ohio, and Flordia....to name the hardest hit states with foreclosures the prices are still going down generally... More
Answered By: Glenn S - 8/14/2009
Additional Answers (2)
From all indications the housing market will continue to fall in the next year as the adjustable rate mortgages are now coming of age... More
Answered By: loanmasterone - 8/14/2009
If any of the realtors knew the right answer to this question they all be millionares but we dont. we can speculate that the way the market is heading is simply...yes. There is a lot of invetory out there and more will be pouring out soon. Will they come down significantly...I dont think so, therefore if you see... More
Answered By: teebone35 - 8/14/2009
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