Standard & Poor is predicting more home price pain for 2011.
Analysts from the financial market intelligence firm are calling for a drop of between 7 and 10 percent through the end of next year.
HousingWire [1] has more on the story:
"Low mortgage rates will likely continue to encourage refinancing, but their influence on home buying activities has been limited due to the weak housing market and a lack of demand," S&P credit analyst Erkan Erturk said.
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