November 24, 2009

Home Prices Stabilizing, according to this economist

But we're a long way from home prices moving up

Real Estate Economist Ken Rosen tells MarketWatch that the extension and expansion of the tax credit, as well as general economic improvement and mortgage assistance programs, have successfully stopped the plunge in the housing market. Listen to where he thinks we go from here.

To learn about the new homebuyer tax credit -- for first-timers and for those who have owned another home for at least 5 years, read: Home Buyer Tax Credit Expands and Extends for Sales Contracts through April 30, 2010.

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Topic Tags: Flagstaff home, Flagstaff home listings, Flagstaff MLS, homebuyer tax credit, home sales, real estate market, real estate market recovery

by Ann Heitland
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by Ann Heitland

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