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US: Real estate: The long road back

Posted on 09 November 2011

A survey released this week of more than 1,000 homeowners nationwide finds that the old expression “safe as houses” needs an update. Fully 37% of homeowners say they regard buying a home as a “risky investment,” while a total of 86% believe that home prices in their area will either stagnate or fall over the coming year.
That’s a striking contrast to much of the past few decades, when many Americans concluded that home prices inevitably appreciated by an annual average of 10%………………………………………..Full Article: Source


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