1 Articles match "2008","Condominium","Illinois"
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Now Homebuilders Face Foreclosure
in Illinois. “We’re in the worst housing recession in modern history,” Antonio B. But many homebuilders — both publicly and privately held — will become extinct in 2008. Other developers are resorting to auctions to sell huge inventories of new homes, townhouses and condominiums. If 2007 was the year of the extinction For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Now Homebuilders Face Foreclosure
in Illinois. “We’re in the worst housing recession in modern history,” Antonio B. But many homebuilders — both publicly and privately held — will become extinct in 2008. Other developers are resorting to auctions to sell huge inventories of new homes, townhouses and condominiums. If 2007 was the year of the extinction For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
