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Home prices rising, but troubles for housing market not over, poll says

Posted on 04 April 2013

Home prices notched their biggest year-over-year gains since before the recession. But tight credit and ‘under water’ mortgages constrain the market, a Christian Science Monitor poll finds. As real as the housing recovery is, a new poll finds that home buying is still hampered significantly by challenges such as tight credit and a constrained supply of homes for sale.
And those hurdles are mirrored on the side of would-be home sellers. The poll finds that many are restrained by “under water” mortgages that make it hard to exit from their current home………………………………………..Full Article: Source


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