Home prices will soon experience a ‘correction’, says Mark Zandi, chief economist at Moody’s Analytics – but not a ‘crash’
The housing market is in a recession, many economists say, however when will home costs come all the way down to earth? Quickly, says an economist. With rising mortgage charges, consumers are pulling out. Increasingly more sellers are decreasing their itemizing costs and providing extra concessions to entice consumers. Towards this backdrop, dwelling costs will … Read more