March 13, 2008
Delores Conway, director of the Casden Forecast at the University of Southern California Lusk Center for Real Estate, said would-be buyers could see median home prices go higher in the next few months if the new federal loan limits translate into more expensive home purchases. "Things are improving, and they will continue to improve in the next few months, but it's going to take time for all of this to move through the system," Conway said.