CoreLogic’s Chief Economist Selma Hepp said that while home prices in December “continued to fall…

The Champ is Here
Looking at home prices from 1942 to today, home values have increased 73 years, decreased 7, and been flat 1. That’s an excellent record that you would want to avoid betting against. And the concentration of losses was during the housing bubble, where there was wild speculation, insufficient demand, and a supply glut. Things could not be more different in today’s market. – DON’T BET AGAINST THE CHAMP!