Tuesday, January 24, 2012

Home prices bottoming out? Not so fast

A home price bottom could stimulate real estate demand, but contrarians are betting against a recovery in 2012.In fact, Lance Roberts, CEO of StreetTalk Advisors, is pushing back at reports claiming affordable home prices will lure consumers.
Despite affordable prices, Roberts says consumers are too over-leveraged to buy a home and unable to qualify for a [...] Home prices bottoming out? Not so fast:

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