Foreclosure Freeze to Delay Housing Rebound

More than two out of three people surveyed say the housing recovery will be delayed as a result of bankers freezing foreclosures. The new Housing Predictor poll found that a huge number of respondents feel negatively about the move by four of the nation´s largest lenders, including Bank of America and JP Morgan Chase & Co.

The online poll provides at least some encouragement to homeowners, who are concerned about the fate of their homes future value. Visit Housing Predictor dot com for all the details on the poll, to check the latest on your markets forecast and mortgage rates, which are near record lows.

Four major U.S. lenders, including Bank of America, which took over troubled Countrywide Financial have halted foreclosures in at least 23 states as a result of state attorney generals investigating wrongdoings on legal paperwork needed to foreclose homes and other properties that may not live up to legal requirements.

Housing Predictor forecasts local housing markets in all 50 U.S. states and was the first real estate research firm to forecast the foreclosure crisis, providing consumers unbiased independent housing market forecasts to make better decisions. Business leaders, bankers, mortgage companies, government officials, real estate brokers and people from all walks of life depend on http://www.HousingPredictor.com