RealtyTrac had been forecasting that after bottoming this year, home prices would remain flat until 2014, Sharga said. But given the delays of foreclosure inventory to the market, it’s likely that any significant home appreciation — on a national basis — won’t return until late 2014 or sometime in 2015, he said.
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Always Looking to Acquire Houses | Always Looking to Amaze Investors
You can read the whole article here:
http://www.marketwatch.com/story/foreclosure-filings-up-7-in-march-realt...
but here is an important excerpt:
RealtyTrac had been forecasting that after bottoming this year, home prices would remain flat until 2014, Sharga said. But given the delays of foreclosure inventory to the market, it’s likely that any significant home appreciation — on a national basis — won’t return until late 2014 or sometime in 2015, he said.
Always Looking to Acquire Houses | Always Looking to Amaze Investors