Types Of Bankruptcy

Interest rate will be cut to 4...  HOME OWNERS are set for a welcome financial boost, with experts predicting a cut in interest rates to 4.5 per cent.read more...


People & Changes  SUMMIT CONSULTING employees Angela Bragg, Katherine Creamer and Karie Pate recently completed requirements for the registered customer service designation.read more...


Building supplier to anchor I-77 site  By Matt Garfield The Herald A company that specializes in high-end home building materials is opening a location in Rock Hill.read more...


Stylish look of wallpaper is spreading again  Wallpaper: It's difficult to change and easily becomes out of fashion. It's hard to apply and harder to repair.via


Asante Real Estate Launches the San Francisco Bay Area's Premier Discount Real Estate Service  Asante's new website, YOURHOMEBID.COM , empowers Home Buyers to Bid Online to buy any home in the San Francisco Bay Area and get a refund of 2/3 of the Buyer's


Existing home sales down in North Texas  North Texas existing home sales were down 4 percent in March, compared to the same month a year before, according to figures from the North Texas Real Estate Information System.read

December 19th, 2007

A Very Slow Moving Commodity

“It suggests that once a home’s value falls below the amount owed on a mortgage, borrowers tend to then view the default option as being ‘in the money’ and exercise that option.”

Some housing bubble news from Wall Street and Washington. Reuters, “Home building projects started in November fell by 3.7 percent as the pace of single-family home construction was the slowest in more than 16 … via The Housing Bubble Blog



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