Wednesday 4th December
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Demand for Mortgages Plummets, But It’s Not a Winter Storm, It’s More of an Ice Age
Written on 7 Mar, 2014 at 12:16
Do the math and it's easy to conclude that the number of homeowners unable or unwilling to move is high. If 30 percent are actually underwater, after adding sales commissions, moving expenses, and the need for a 20 percent... (Continue reading)
Follow the Bouncing Home Price Statistics
Written on 22 May, 2012 at 5:09
So, demand is rising while prices are falling... fascinating. Perhaps it's because of a combination of factors, such as incredibly tight credit markets, an ongoing avalanche of foreclosures coming onto the market, a worsening jobs market, higher unemployment, and... (Continue reading)