Home Prices Need to Fall to Fix Market

February 2012

David Marshall, assistant professor of finance at the Farmer School of Business, was quoted in the Hamilton (OH) Journal News, commenting on January home sales, which hit a 10-year high.

According to Dr. Marshall, "There's the conventional thought that if sales are increasing that's only going to happen because we're going to have more buyers who are interested. If you've got more buyers, that's more demand, that may keep the prices of houses falling further. It's starting to signal demand is coming back."

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