Zillow’s chief economist Stan Humphries appeared live on Bloomberg TV to talk about the double dip in home values and his overall housing outlook for 2010.
Stan says he expect U.S. home values to fall another 5 percent on the national level before we reach the bottom by middle of this year.
It looks like we are still on our way down and bumping on the bottom of the housing market for a while. It is good news for investors looking to make some good money on foreclosures.
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