Archive for the ‘real estate’ Category
Tuesday, January 20th, 2009
There’s a brief exchange I had a few years ago with a friend’s father that I’ll 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, who’s been a real estate ...
Posted in budgeting, economy, finances, investments, money, money management, mortgage, real estate, savings | No Comments »
Tuesday, December 30th, 2008
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 ...
Posted in economy, finances, mortgage, real estate | 2 Comments »
Monday, December 15th, 2008
Fannie Mae announced Sunday that renters don’t have to fear eviction if their landlords get foreclosed. The loan association has reworked policies to allow tenants that are up-to-date on their rent to remain in their homes even after the foreclosure is underway. It’s a move that falls in line with ...
Posted in General, debt, finances, lending, money, real estate | 4 Comments »
Monday, December 8th, 2008
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 ...
Posted in mortgage, real estate | No Comments »
Wednesday, November 26th, 2008
As the economy and real estate continue to decline into a deep recession, the American dream is fast fading away. People dream to one day be a homeowner in a financially stable situation. The percentage of single family homes sold in the United States continues to decrease dramatically and more ...
Posted in real estate | No Comments »
Saturday, September 13th, 2008
Real estate can be a great investment strategy, but it's not without risks. Knowing when to buy and sell, and making wise purchasing choices, will greatly increase your ability to make money and protect your investments in the real estate market.
Currently America is experiencing one of the worst down markets ...
Posted in real estate | 1 Comment »
Thursday, August 28th, 2008
In today's economic climate, anyone with a basic grasp of financial terms knows what a foreclosure is, and how America is currently facing a credit crunch due to the record number of home owners defaulting on their loans. What many people are unaware of, however, is the steps which precede ...
Posted in real estate | 2 Comments »
Thursday, March 13th, 2008
There are many reasons why record numbers of homeowners are facing foreclosure. Some got caught up in mortgages that didn't match their incomes; others got behind when interest rates adjusted upward; still others didn't know options other than foreclosure were possible when cash ran short. Coupled with the other economic ...
Posted in debt, finances, money, real estate | 1 Comment »