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Hoffman: Home prices haven't hit lows yet

By: Decomposed in ROUND | Recommend this post (0)
Tue, 31 Jan 12 10:16 PM | 42 view(s)
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Jan. 31, 2012, 12:41 p.m. EST

Hoffman: Home prices haven't hit lows yet

MarketWatch.com

"Relentless" pressure from foreclosures could soon send the S&P Case-Shiller index of home prices to a new low for the past decade, says Stuart Hoffman, chief economist at PNC Financial Services. But he thinks falling prices and low mortgage rates are getting buyers back into the market.

Audio here: http://www.marketwatch.com/story/hoffman-home-prices-havent-hit-lows-yet-2012-01-31




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