When Will Real Estate Recover Its Losses?

moodys REThe real answer: nobody knows. 

If you believe Moody’s, however, it’s going to be a while.  They predict it will take until 2020 for average home prices to return to their peak value nationwide.  They assert that some states will recover before 2014, while California, Arizona, and Florida won’t see those highs again until 2030.

Take it with a grain of salt.  Analysts can’t see into the future any better than you can.

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