5/28/2008 1:18:00 PM
Consequences for 'Walk-Away' Borrowers
The government and the lending industry are taking aim at “walk-away” home owners who stop making payments and months later send the house keys back to their lender. Such borrowers will not be able to get another mortgage through Fannie Mae for ...
Views: 152
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5/16/2008 6:43:00 PM
Home Sales, Prices Seen Rising in Late '08
Daily Real Estate News | May 16, 2008 Home Sales, Prices Seen Rising in Late '08 First, the good news: home sales have stabilized over the last seven months and should increase slightly in the second half of 2008, NAR Chief Economist Lawrence Yun told ...
Views: 164
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4/26/2008 10:46:00 AM
Phoenix Luxury Homes
Despite the “housing bubble” horror stories promulgated by the mainstream “media” today, the market for Phoenix real estate is still expanding. Whether you’ve owned and/or you are an investor in luxury new homes, or you’re ...
Views: 201
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4/26/2008 10:41:00 AM
Luxury Homes Buck the Trend
The overall housing market might be in bad shape, but at the very top luxury homes are still setting record prices by Prashant Gopal The housing market might be down, but that isn't stopping movie stars, hedge fund managers, and corporate titans from paying ...
Views: 179
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4/8/2008 6:13:00 PM
Number of Millionaires Growing, but More Slowly
There’s good news and not so good news. The number of millionaires in the US continues to grow (that’s good), but the rate of growth has substantially slowed (that’s not so good!). According to Chicago-based Spectrem Group, the number of ...
Views: 207
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3/20/2008 4:40:00 PM
Why Now is a Smart Time to Buy
Now is a great time to buy a home, say the financial gurus at the Wall Street Journal. The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but ...
Views: 185
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