Category Archives: Uncategorized
Wed (3/25) top story was “New Home Sales” fell to record low in February as glut of foreclosed homes and a weak economy dampened the housing market. New-home sales fell 2.2% to seasonally adjusted rate of 308,000 last month, compared to upwardly revised annual rate of
(Thanks to Kevin Budde of Bank of America for the following summary) Consumers, lenders, real estate agents and regulators alike are wondering how mortgage-related actions such as modifications, short sales, foreclosures or bankruptcies will impact consumers’ credit profiles and, especially, their credit
Seems like everyone has an opinion about the current state of the residential real estate market. Or do they? Newspaper headlines of late proclaim: “Home Values Jump In January” (L.A. Times 2/17/10); “Fewer Falling Behind on Their Home Loans” (L.A.