1 Articles match "America","Sales","Second Mortgage"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. For example you see Bank of America adopting a massive, systematic loan modification program. The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • As Home Prices Plummet, When Will You Buy?
    The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. For example you see Bank of America adopting a massive, systematic loan modification program. The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE