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Real Estate Briefing - Categorized | Investment, Market Moves more

Low-risk housing markets?

Posted on 17 November 2010

From WSJ: At the national level, the housing-market outlook remains generally gloomy. But for at least two years, some experts have argued that lower home prices and very low interest rates make this a perfect time to buy a house. The question, though, is where?
Experts say buyers can mitigate their risk by looking at markets with steady economies and low odds of falling prices. According to data from The PMI Group, a mortgage-insurance company, more than a quarter of the country’s 381 metro areas have a smaller than 30% chance of seeing lower home prices two years from now……………………………………….Full Article: Source


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