Home prices to drop another 10%?

New economic data showed an increase in sales of existing homes in November, but that doesn't mean there aren't still deals to be had.

In fact, economists are expecting prices of existing homes to drop up to 10% more within the next 6 months.

"Many economists expect home prices to drop another 5 percent to 10 percent in the next six months before stabilizing."

Read more of the article on the November housing numbers here.

With that in mind, are you planning on sitting on the fence a little longer for prices to drop further or are you going  to take advantage of the deals out there today?

It also means that if you do want to take advantage of this once in a lifetime opportunity you still have time.  But you better have all your ducks lined up and that means improving your credit.  Find out more about how our attorneys and professionals can help with our credit repair services.

 

 

About Anthony Candella

Anthony is the founder and Directing Attorney of YourCreditAttorney.com and has been helping consumers just like you understand and improve your credit and financial situation since 2003.