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Home » Our Blog » HOME PRICES EXPECTED TO DROP

HOME PRICES EXPECTED TO DROP

By Kent Berk on July 10th, 2010 in BLOG, REAL ESTATE LAW

According to various economists, home prices are expected to drop overall by another 2% this year, as compared to last. The hardest hit areas, including Phoenix, may drop as much as 10% though. Earlier predictions had home prices leveling off, but recent reports state that prices will drop further before stabilizing.

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