I haven’t seen the value that has returned since 2011, but many markets are making up some ground, but it take alot more rise in prices than it fell – for instance, if your home values fell 25%, it will take a 33% gain to put you back to normal.
More sliding of values are expected in 2011…
However, I have been hearing that the bottom would hit around Summer 2011, but I have been hearing that about every past summer for 2 years….So in other words, NOBODY knows!
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