Housing Market Alert
The recent headline news regarding the mortgage industry will have a widespread effect on home values and the availability of credit. Home foreclosures are projected to exceed $100 billion over the next six years (MSN March), and during the first ninety days of 2007, suddenly and unexpectedly thirty-six of the largest mortgage companies in the […]
ALL BUSINESS: Home Buyers Getting Pushy
Source: Associated Press/AP Online Publication date: 2006-09-19 By RACHEL BECKNEW YORK – Not so long ago, home sellers used aggressive tactics to squeeze every last bit of profit from their home sales. Now that home sales are weakening, buyers have taken a page from the sellers’ playbook, demanding everything from new appliances to […]