The Harvard Joint Center for Housing Studies projected that housing remodeling activity would be down in 2008. Bad news for Home Depot, Lowes, and thousands of contractors, etc. More fallout from...
Hopefully, this begins a trend that will make Bank of America regret acquiring this company and make Mozilo the next Bernie Ebbers. Bravo to IL's atty general.
If you've been renting, waiting for the housing market to collapse, the last week is good news for you. Houses are about to get a whole lot more affordable.
As the housing market has come down and foreclosures have soared, the rental market has become more active. Many people who were foreclosed on though are having trouble even getting into a rental.
It can cost $500 or more in gas to commute to work. Those with long and now expensive commutes are starting to rethink where they live and buy their homes. Another impact of high gas prices.
Article | Submitted Jun 22, 2008 | Views: 54 | Comments: 0
Tags: gas prices
Take a look at the data below and tell me if all of the sub-prime talk really makes sense. I suspect that savvy investors are seeing through the hype and are already taking positions to profit...
The commerce department reported that starts of new homes fell by 2.6% to a seasonally adjusted annual rate of 1.331 million, which was the lowest since June 1995.
Other data was just as bleak.
The experts never said that housing prices would come down. Now listen to what they are saying. This time I fear they are correct. There will be more real estate pain ahead before things get...
Just a year ago if you didn't own a home you were out of the game. My what a difference a year makes. Now, if you own a home you're pretty much stuck. You have to find a buyer, a mortgage, etc.
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