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Tuesday, July 31, 2012

''Mortgage bond investors doubtful house prices leveled''

From Housing Wire


''Despite a flurry of reports and articles about home prices stabilizing or slightly increasing, only a third of mortgage bond investors interviewed by JPMorgan Securities ($36.14 -0.75%) expect significant home price growth in the near future. 

The investors' wariness when it comes to the potential for price hikes calls into question whether the housing market has truly bottomed out and is braced for a sustainable turnaround. A recent review of the seven major home price indices shows values for 2012 as either stable or growing.''

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