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This is an interesting article to me, both because I think it notes a trend that appears to be spreading in markets throughout the country and because this is my market. I'm licensed in Maryland...
Up to 26% of U.S. homeowners who stop paying their mortgage may be doing so intentionally, not because they can't make the payments but because they don't want to put money into a house that's...
Playing into the anxieties of homeowners over plummeting home values, two companies are selling products promising to put a little more control in homeowners’ hands. Their pitch? That homeowners...
Another Mish commentary on why we'll see many years of bad stock market performance and little inflation. From the post:
Think the US stock market is going to come roaring back if consumer...
To stimulate demand, President Barack Obama's $787 billion economic stimulus plan--which was signed into law in mid February--included a tax credit of up to $8,000 for first time-home buyers.
The titles include Flipping Houses for Dummies in 2006, Foreclosure Investing for Dummies in 2007 and Foreclosure Self-Defense for Dummies in 2008. And they all are from the same author.
Century 21 CEO discusses the real estate market and of course he's not that gloomy. It's his job to keep the houses selling. He lists four factors that are key to homesales and points out that...
My neighbors and others have been telling me about how rising property taxes are pushing their budgets to the limit. This, even more than adjustable rate mortgages could push many over the edge.
At the highest end of the spectrum, the following major markets all have a greater than 60% chance of declines, according to PMI:
* Riverside-San Bernardino-Ontario, Calif. (65.2%);...