{"id":3606,"date":"2012-09-12T12:30:31","date_gmt":"2012-09-12T12:30:31","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3606"},"modified":"2012-09-12T12:30:31","modified_gmt":"2012-09-12T12:30:31","slug":"home-prices-have-progressed-but-have-they-recovered","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/home-prices-have-progressed-but-have-they-recovered\/","title":{"rendered":"Home prices have Progressed, But Have they Recovered?"},"content":{"rendered":"<h2>Home prices have Progressed, But Have they Recovered?<\/h2>\n<div id=\"attachment_3607\" style=\"width: 425px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/09\/Home-values-rise.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-3607\" class=\"size-full wp-image-3607\" title=\"Home prices have Progressed, But Have they Recovered?\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/09\/Home-values-rise.jpg\" alt=\"Home prices have Progressed, But Have they Recovered?\" width=\"425\" height=\"282\" \/><\/a><p id=\"caption-attachment-3607\" class=\"wp-caption-text\">Home prices have Progressed, But Have they Recovered?<\/p><\/div>\n<p><strong>Home prices<\/strong> have posted some of their strongest gains this year in nearly six years. But while prices have likely hit bottom, the public shouldn\u2019t confuse that with a full recovery. A lot more still has to happen to get to that point, analysts say.<\/p>\n<p>For one, inventories of homes for-sale need to reach more normal levels. The number of homes for sale are at an eight-year lows, The Wall Street Journal reports.\u00a0<span style=\"text-decoration: underline;\">Home prices<\/span> are rising in many areas but it\u2019s because \u201cthere are more buyers chasing fewer homes and fewer distressed homes, such as foreclosures,\u201d The Wall Street Journal reports.<\/p>\n<p>Also, millions of home owners are underwater, owing more on their mortgage than their home is currently worth, which is preventing them from trading up and moving to a new home.<\/p>\n<p><em>Home prices<\/em> have been increasing at the fastest rate in markets that have some of the highest number of underwater home owners because so few homes are for sale, according to The Wall Street Journal.<\/p>\n<p>\u201cWhile low inventories have helped firm up Home prices, they could also soon lead to year-over-year declines in sales volumes because there aren&#8217;t enough homes on the market to sustain the current sales pace,\u201d The Wall Street Journal reports.<\/p>\n<p>Other challenges the housing market still faces on its road to recovery include the stringent lending standards that are preventing many potential buyers from qualifying for a loan. Also, a large overhang of distressed mortgages has the potential to cause foreclosures to rise. Furthermore, if high unemployment across the country continues, it will putoff rising home prices.<\/p>\n<p><em>Source: \u201c<a href=\"http:\/\/professional.wsj.com\/article\/SB10000872396390444301704577631252266351074.html\" target=\"_blank\">Housing on Mend, but Full Recovery Is Far Off<\/a>,\u201d The Wall Street Journal (Sept. 9, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home prices have Progressed, But Have they Recovered? Home prices have posted some of their strongest gains this year in nearly six years. But while prices have likely hit bottom, the public shouldn\u2019t confuse that with a full recovery. A lot more still has to happen to get to that point, analysts say. For one, &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/home-prices-have-progressed-but-have-they-recovered\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-3606","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Home prices have Progressed, But Have they Recovered? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Home prices have Progressed, But Have they Recovered? 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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