Monday, November 29, 2010

Home values will decrease in middle of 2011

The home values will be expected to decrease in the middle of 2011 according to the recent survey due to the rising number of bank hold homes. It is trusted that bank hold homes will hit the highest point in 2011 which is 16% more when compared to 2010.

The real estate market is going to have hard time shaking off its depression and a proper improvement in next 6 - 12 months later announced in a report by the recent survey.

The cities with biggest number of REOs like California, Fort Lauderdale, Las Vegas and more are possible to occur worst turn down announced in a report by the industry experts.

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