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5 Reasons to Buy a Home Now Theres a brief exchange I had a few years ago with a friends father that Ill never forget. We were sitting outside a Washington DC lunch spot talking about what I was going to do when I got out of college when I asked Mark, whos been a real estate developer in Maryland for years, whether or not real estate would forever exist as a lucrative business. His answer was short, but it explained every ... Home Price Index Hit With 18% Drop In October Homes prices across the country dropped again between September and October, marking the 27th month in a row that the S&P Case-Shiller Index has posted losses. The mean price of homes saw a 2.2% drop, bringing prices back down to where they sat in March of 2004. Altogether, home prices experienced an 18% decrease from last Octobers figures. David Blitzer, Chairman of the Index Committee at Standard & Poors, attributes the price drop to the fact that October ... Mortgage Loan Delinquency Rate Sees Dramatic Raise A TransUnion report published Monday revealed that 53% of homeowners whose interest rates were modified earlier this year ended up defaulting within six months regardless of the adjustment. The report findings come from a surveyed 60% of those with primary mortgages, a tally that covers over 35 million homes worth a total of $6 trillion. This is the 7th consecutive quarter in which mortgage loan delinquency has risen, and this quarters hit was especially hard. Delinquency rates in the third quarter of ...