Report: Home prices won't rebound before 2014

March 17, 2010 2:28:47 PM PDT
If you're a homeowner, you may be wondering when home prices will rebound. If you live in Chicago, you will have to wait a few years, according to a recent real estate report.The report indicates homes in the Chicago metropolitan area should see prices recover sometime between 2014 and 2019.

The recovery in Indiana could take place as early as 2013.

That is good news compared to other parts of the country. In Florida and the southwest, Home prices are not expected to recover until 2030 or later.