Potential Foreclosures Threaten Stabilization of Home Prices

Home prices are looking like they have stabilized since the fourth quarter of 2009 in many areas of the country; more than 40% of the cities in the US have seen a rise in home prices over Q4 of 2009. This rise of market values is partly a result of the government support of the housing industry; the combination of the $8000 government tax credits for home buyers and the Federal Reserve program of buying up mortgage backed securities to keep interest rates down have both worked effectively to keep prospective buyers interested in buying real estate.

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