1 Articles match "Households","Los Angeles","Second Mortgage"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. households who live in rental properties, these renters will jump in and start buying. Of course, the other 30 percent of current homeowners will feel the pain financially. 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
|
MORE
|
-
As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 The sooner we get to the level that average renters income can afford a house mortgage, the earlier the economy will stabilize. households who live in rental properties, these renters will jump in and start buying. Of course, the other 30 percent of current homeowners will feel the pain financially. 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
