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Housing prices are on the decline nationwide

October 23, 2009 – 10:29 am – No Comment
Housing prices are on the decline nationwide

There were three months of straight gains in the real estate market, however a government tool used to measure the average price of a home in the United States showed a decline for the month of August.
According to the Federal Housing Finance Agency, housing prices …

Could half of the mortgages in the US be underwater by 2011?

August 6, 2009 – 1:40 pm – No Comment
Could half of the mortgages in the US be underwater by 2011?

The number of United States homeowners that owe more than their home is worth will likely double to 48% in 2011 from 26% at the conclusion of March. This would lead to another blow to the housing market. This is all according to Deutsche Bank.
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