Zillow Forecast: Slight Appreciation in Home Values

by ritasimpson on February 9, 2012

in How's The Market

The Los Angeles area Real Estate market., should bottom out for home values in 2012, according to Zillow, and might even see a slight increase in values.

While prices will drop in many markets, total home sales are expected to continue to pick up this year amid affordable prices and low mortgage rates, factors that draw in second-home buyers and investors. It also seems that, as WSJ has written, a shrinking inventory of homes for sale might prove to be an advantage for sellers. View Zillow’s forecast

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