Fiserv, a global provider of information management and commerce systems to the financial services industry, released a report that predicts widespread price declines in 2011 for most major metro areas in the US, including DFW. The index is based on the Case-Shiller index as well as data from the FHFA (Federal Housing Finance Agency). Overall, [...]
Archive of posts tagged DFW Home Price Predictions
New Report Predicts Dallas Home Prices Will Drop 1.4% Over The Next Year
A new report released by Georgia-based Fiserv Inc., a housing and financial services information firm, predicts that home prices in the Dallas Fort Worth area will likely drop by 1.4% over the next 12 months. They went on to state that the homebuyer tax credits likely delayed price corrections in many real estate markets nationwide. A summary of [...]
PMI Group Raises Risk of Dallas Home Price Declines to Over 50%
The mortgage insurance company PMI Group, which publishes a quarterly report detailing the risk of home price declines, recently released a report stating they feel the risk of home price declines in the Dallas area is now over 50%. The index assigns ratings to cities based on a variety of factors, and they have upgraded [...]
