Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I would guess no, but I see more articles suggesting otherwise lately. Probably a good sign, unless you plan to relocate (like me). And undoubtedly depends in part on what region of the USA.
Did You Miss The Bottom In Home Values? | Bankrate.comIf you were waiting for home values to hit bottom, you've waited too long. Depending on where you live, you'll likely find fewer homes for sale and slightly higher prices when shopping for a home.
Zillow: U.S. home values have bottomed - Lansner on Real Estate : The Orange County RegisterTwo home-price indexes show national home prices rising from a year ago as online property tracker Zillow states that the market has bottomed.
- The Zillow Home Value Index rose 0.2 percent in the second quarter vs. 2011 — first gain on an annual basis since 2007. (Zillow math is based on its own valuation of many U.S. homes.) Locally, Zillow pegged values in Los Angeles as Orange counties down 2.7 percent in the year ended in the second quarter.
- The Federal Housing Finance Agency’s monthly House Price Index for May was up 3.7 percent vs. a year ago — fourth conseutive gain and the largest since 2006. (FHFA math is based on using purchase prices of houses with mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac.) Regionally, FHFA index saw Pacific states home prices up 1.7% — largest gain among the nine Census divisions tracked.