This year is the worst year for foreclosures in history, as expected. With the slide of homeowners goes the slide of the HOA’s that the home is listed with. This is having a very negative impact on the homeowners that remain.
I was informed of a case in Florida where a condo owner can not rent [...]

Popularity: 1% [?]

David Wyss, chief economist for Standard & Poors indicates home values have a lot more to drop before they will begin to recover. His report indicates an 8% drop in values expected for the 24 month period from January 2007 through December 2008. He sites the increasing number of foreclosures as the main reason.
This is not an [...]

Popularity: 2% [?]

A report released by the home builders indicates that new permits for construction hit its lowest level since 1997. This is a sign that the home builders are expecting more pullback in values.
Building permits are seen as a measure of the builders confidence in the market. The pullback indicates the expectation that the market will deteriorate [...]

Popularity: 2% [?]

As expected, the price of homes has fallen for the 3rd straight quarter according to the National Association of Realtors (NAR). The decline is an average of 6.5% below the peak in 2006.
Fortunately, the relatively stable interest rates have created opportunities for those looking to buy and this has helped soften what could have [...]

Popularity: 2% [?]