Posted by: in Home Mortgage Online, tags: Bailout, Condo Sales, Condominium Sales, Excerpt, Hedge Funds, Leathers, Lent, Money, Mortgage Loans, Random, Real Estate Market, Vault, Year To Date
Random Feed wrote an interesting post today on
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Our real estate market recovery took a pause in July with half the number of condominium sales as last July. The average sale price is 10.5 percent lower than last year to date for resale units. Condominium mortgage loans are loosening somewhat, but most of our bailout money is still in the vault or hedge funds instead of being lent. There were 2727 properties listed for sale last week, about …
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wrote an interesting post today on
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Real-estate investors will spend more money buying hotels in Europe than the U.S. this year as slower development helps to preserve property values.
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Posted by: in Home Mortgage Online, tags: Banks, Borrowers, David Streitfeld, Delinquency Rate, Excerpt, Home Equity Loans, Houses, Housing Boom, Money, New York Times, Phoenix, Trillion, Webmaster
webmaster@technorati.com wrote an interesting post today on
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By David Streitfeld, New York Times Friday, August 13, 2010 PHOENIX During the great housing boom, homeowners nationwide borrowed a trillion dollars from banks, using the soaring value of their houses as security. Now the money has been spent, and struggling borrowers are unable or unwilling to pay it back. The delinquency rate on home equity loans is higher than all other types of consumer …
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webmaster@technorati.com wrote an interesting post today on
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Whether the housing market is in another free-fall or not, just the thought of a double dip is forcing real estate investors to re-think how and where they spend their money. And maybe even if they should spend it at all.
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webmaster@technorati.com wrote an interesting post today on
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Planet Money’s Toxic Asset includes a tiny slice of a major mortgage fraud.
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