Poll Shows No Bottom in Housing

Since perception is reality a bottom to the U.S. housing market may not develop for a long time. That´s the assessment from a new Housing Predictor opinion poll that found that more than two-thirds of all respondents to the survey do not believe the bottom of the market has arrived in their community.

However, there are a series of government efforts and a private company that may aid the markets in more rapidly recovering than many people think. The Obama administration´s programs are showing a decline in the rapid deflation of home prices in the majority of the country. Read the full details of the new opinion poll at Housing Predictor dot com.

A New Jersey based company is also taking the leading step in developing a program to reward under water mortgage holders to make their mortgage payments. The company has already signed up three national financial institutions to take part in the program, and others are considering joining.

The unprecedented series of actions are being taken as a result of the fall in real estate prices that have not sustained such large losses since the Great Depression.

Developed to provide consumers accurate forecasts they can use to make better decisions, business owners, retail companies, bankers, mortgage companies and real estate firms consult Housing Predictor forecasts. Housing Predictor provides real estate news and forecasts housing markets in all 50 states at http://www.housingpredictor.com