New Forecast shows Home Prices won't rebound until 2030


	New Forecast shows Home Prices won't rebound until 2030

leevardi

9-21-2009 5:05 PM

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9-21-2009 5:40 PM

arifsali

Are they saying we might get back to the bubble after 2030? I hope not.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/27d86554-b021-4c5a-aa65-124b2c6fb4fa/696ECB2F-0328-4DBB-98E5-EF4B3AE28825/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/" href="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/" style="font-size: 11px;">247wallst.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/"><B>New forecast shows home prices won't rebound until 2030</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/"><DIV>
	<STRONG>From 24/7 Wall Street:</STRONG></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/"><DIV>
Moody's (MCO) forecasts that some home prices may not return to their pre-recession levels until 2030. This means that hundreds of thousands of Americans may find it impossible to sell their houses without making payments to their banks to cover underwater home loans. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/"><DIV>
MarketWatch reports that a new Moody’ housing forecasts says that "It will take more than a decade to completely recover from the 40% peak-to-trough decline in national home prices."</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/"><DIV>
<A href="http://247wallst.com/2009/09/19/moodys-some-home-price-wont-rebound-until-2030/" target="_blank">Read full article...</A></DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/696ECB2F-0328-4DBB-98E5-EF4B3AE28825/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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