Opinion Poll Shows No Bottom in Housing Market
A new Housing Predictor opinion poll shows that more than two-thirds of respondents feel that the
bottom of the housing market has not yet arrived.
Destin, FL, May 03, 2010 --(PR.com)-- Since perception is reality a bottom to the U.S. housing market
may not develop for a long time. That's the assessment from a new Housing Predictor opinion poll that
found that more than two-thirds of all respondents to the survey do not believe the bottom of the market
has arrived in their community.
However, there are a series of government efforts and a private company that may aid the markets in
more rapidly recovering than many people think. The Obama administration's programs are showing a
decline in the rapid deflation of home prices in the majority of the country. Read the full details of the
new opinion poll at Housing Predictor dot com.
A New Jersey based company is also taking the leading step in developing a program to reward under
water mortgage holders to make their mortgage payments. The company has already signed up three
national financial institutions to take part in the program, and others are considering joining.
The unprecedented series of actions are being taken as a result of the fall in real estate prices that have not
sustained such large losses since the Great Depression.
Developed to provide consumers accurate forecasts they can use to make better decisions, business
owners, retail companies, bankers, mortgage companies and real estate firms consult Housing Predictor
forecasts. Housing Predictor provides real estate news and forecasts housing markets in all 50 states at
Online Version of Press Release:
You can read the online version of this press release at: http://www.pr.com/press-release/230468