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The Scoop On Baton Rouge Housing by Bill Cobb With Accurate Valuations Group Home Appraisals www.accuratevg.com and Editor of Baton Rouge Housing Reports www.batonrougehousingreports.com . Sign Up For Email Updates Here: http://bit.ly/GRQqsm  .  DROP BILL A NOTE HERE: http://bit.ly/GSvAXd
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Fitch sees home prices overvalued possible 9.1% drop, Baton Rouge as Well?

Fitch sees home prices overvalued possible 9.1% drop, Baton Rouge as Well? | Baton Rouge Real Estate News | Scoop.it

Fitch sees home prices as overvalued with potential for another 9.1% drop....and I, Bill Cobb Appraiser, agree for Greater Baton Rouge Housing could decline as well because of how high local prices are! 


Fitch Ratings said U.S. home prices are still overvalued and could fall another 9.1%, despite inching toward a point of sustainability.

After evaluating data from the third quarter, Fitch said prices still have more room to fall with unemployment and gross domestic product numbers showing only marginal growth.


In addition, tightened lending standards remain a hurdle for new buyers, and the $25 billion government settlement with the nation's largest mortgage servicers is expected to prolong the liquidation of distressed inventory over the short term.

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Fairwood West Housing Market Correction 2011 Baton Rouge 70816 | Baton Rouge Real Estate Housing News

Fairwood West Housing Market Correction 2011 Baton Rouge 70816 | Baton Rouge Real Estate Housing News | Baton Rouge Real Estate News | Scoop.it

Fairwood West Subdivision Housing Market Correction 2011 Baton Rouge 70816.

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