June 10, 2011 Housing Market News Updates

Posted by News Staff on June 10th, 2011

  • Fed Vice Chairman says it will be a “long, drawn out recovery for the housing market.  Full Story…
  • Governmnet subsidies poorest buyers into investing in the the most rapidly decling low end of the housing market.  Full Story…
  • Robert Shiller, of Standard & Poor’s/Case-Shiller home price index, says it’s possible housing prices could fall another 25% over the next five years – if we follow the Japanese model, which saw housing values tumble for 15 consecutive years, losing two-thirds of their value.  Full Story…
  • Declining home prices could strengthen the dollar.  Full Story…