October Home Prices Suffer Record Drops
A national home price gauge released today showed that prices of existing single-family homes recorded their biggest annual drop in October.
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A national home price gauge released today showed that prices of existing single-family homes recorded their biggest annual drop in October.
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President George Bush is expected to announce tomorrow plans that will help borrowers struggling to pay their mortgage payments.
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Last week’s news that home prices have fallen for the 12th straight month has many readers wondering when they are going start going back up again.
And just what will it take to turn them around?
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When you think about places hardest hit by the current housing slowdown, the California, Nevada and Florida housing market may come to mind.
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What does every mortgage applicant wish they knew? How to make sure their property went up in value after the purchase was finalized.
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Sales of existing homes fell in 41 states during the April-June quarter while home prices were down in one-third of the metropolitan areas surveyed.
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The days of oceanfront property as a good investment might be a thing of the past.
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Houses are not canned tuna.
Remember that, urges a notable instructor an economist, when reading about the recent changes in home prices.
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Most studies say national home prices are on the decline - but a new report from the federal government says just the opposite.
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Home prices fell over the last 12 months for the first time in 16 years, according to a survey released Tuesday, and investors seem to believe that prospects for a quick recovery are poor.
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