Existing home sales in La. jump 23% First-quarter sales of existing homes rose 23 percent in Louisiana over the year-ago period, according to the National Association of Realtors.read more...
Incomes Lagging Behind Home Values "Houses out here are almost like a 401k" An Associated Press analysis of new census data provides insight into the reasons for the slumping housing market: Since 1990, homeowners
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Evening Times) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Ford recalls 3.8 million pickups, SUVs In a photo provided by the Ford Motor Co., a 2001 Ford F-150 Super Cab Lariat is shown.read more...
Choosing an Interest Only Mortgage Option (Ionia Sentinel-Standard) (ARA) - There are so many types of mortgage programs available to home buyers that it can get difficult to keep them all separate. One of the latest types of
Crowd fills former Conseco CEO's mansion for decorators' show (Reg Req'd) Crowds ogled giant murals and other luxurious excesses during the opening day of a home decorating show staged at the French-style mansion once owned by former Conseco Inc.read more...
“We had a surge in investor demand, an explosion in the availability of credit and builders who became overly optimistic. All these things came together to whip the market into a frenzy, creating a huge bubble that is now bursting”
The current housing slump, which began in late 2005, probably has another year to go before things turn around. via Buffalo News
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