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Home Prices Expected To Fall And Stabilize

Analysts predict that home prices will decrease and stabilize in 2015. Many Americans have expressed concern about the possibility of another housing bubble, but experts suggest that the decline and stabilization in home prices will be positive for the housing market. Home prices have fallen over the last few months with the average home price now at $176,500. Zillow’s chief economist, Stan Humphries said, “we’re transitioning from a fast form of recovery to a slow form of recovery, particularly since a lot of those factors driving us forward – household formation rates and income growth – have not fully recovered.” More here

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Jeffrey Halbert - First Home Mortgage
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Dunkirk, MD 20754

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This is not a commitment to lend. Terms and conditions of programs, products and services are subject to change. All loans are subject to credit approval and property appraisal. Certain restrictions may apply on all programs. First Home Mortgage Corporation of America, First Home Mortgage Services, and First Home Mortgage Company of Maryland are d/b/a's of First Home Mortgage Corporation. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts Mortgage Lender and Broker (Lic. #MC71603), Michigan, New Hampshire, Licensed by the New Jersey Department of Banking and Insurance, North Carolina, Pennsylvania, Rhode Island Licensed Lender and Broker, South Carolina, Tennessee, Vermont, Virginia, West Virginia. Equal Housing Lender. First Home Mortgage Corporation NMLS ID #71603 (www.nmlsconsumeraccess.org). Privacy Policy.