1 Articles match "Bank Owned","June","Second Mortgage"
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As Home Prices Plummet, When Will You Buy?
June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. If renters see little incentive to rent rather than owning a house, they will start buying. The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. 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 Home Price Index released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
As Home Prices Plummet, When Will You Buy?
June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. If renters see little incentive to rent rather than owning a house, they will start buying. The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. 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 Home Price Index released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008