Zillow’s Stan Humphries on CBS Evening News

By: Jill Simmons, PR Manager | October 26, 2009

The CBS Evening News interviewed Zillow’s chief economist, Dr. Stan Humphries for a segment on a possible housing market comeback.

Stan says that while homes sales may be up in 9.4 percent September according to NAR, the market is still fragile as there could be another wave of foreclosures in coming months that will add inventory to the market and further drive down home values. Click here to view the interview.

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Comments

2 Comments so far

  1. Joan Campbell on October 30, 2009 1:19 am

    Hi Jill, I thought that recession is finally over. With the foreclosures coming again as expected, who are the practical loosers and the gainers?

  2. Cash Buyer on November 9, 2009 11:40 pm

    When the property market is going to be stable?

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