| From Helium.com: The U.S. housing market has hardly recovered four years after the housing bubble in 2006. Although home selling prices have dropped nearly 30% making houses affordable to more consumers, the housing market hasn’t shown signs of sustainable recovery.
Besides, although mortgage financing has reached historic low rates (30-year fixed 4.62, 15-year fixed 4.09 as of 7/22/2010, from 5.37 and 4.8 respectively in 2009), the U.S. real estate market seems driven by stagnation that inhibits its quick recovery..............................................Full Article: Source
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