It seems hard to believe that home prices have even further to fall, but Fiserv's chief economist David Stiff anticipates another 1% decline in home prices this year.

Of course, a lot depends on where you live.

"Prices have increased off their lows in some markets like D.C. and San Francisco," said Stiff. But "we expect houses to get cheaper in markets where there is still a lot of foreclosures like Atlanta, Las Vegas and Phoenix."

Coupled with record-low mortgage interest rates, that spells good news for home buyers in those markets.

By Jessica Dickler @CNNMoney - Last updated January 26 2012: 12:32 PM ET
Join the Conversation
6 things you'll pay more for in 2012

Nearly everything from airfare to cotton clothing is going to cost more this year. So book your flights and buy your jeans now or else you'll be doling out some serious cash.

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options