Types Of Bankruptcy

Realty Q&A: Surprise! Mortgage isn't one you signed (Market Watch)  WASHINGTON (MarketWatch) -- Issues on people's minds: What do you do if the mortgage you thought you were signing for isn't the one you end up with and should you


Man pleads guilty to home mortgage scam (The Sacramento Bee)  A Sacramento man accused to defrauding two couples in a home mortgage scam pleaded guilty Tuesday to bank fraud and money laundering.read more...


Choosing an Interest Only Mortgage Option (Hornell Evening Tribune)  (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


Real Estate People  BILL MERCKEL of Coldwell Banker Commercial Saunders Real Estate, Lakeland, has been elected an accredited land consultant (ALC) member of the Realtors Land Institute. more» read more...


Bush Prods Congress on Agenda   "I ask members of both parties to get these important pieces of legislation to my desk as soon as possible." On his way out of the country, President Bush


Personal Finance  SEATTLE - Washington Mutual Inc. said Tuesday that its first-quarter earnings fell nearly 14 percent, in large part because of a big gain in the same period a year earlier,

January 27th, 2008

New Home Sales Plummet By Record Amount In ‘07

Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 years, demonstrating the troubles builders are facing with a huge backlog of unsold homes.

The Commerce Department reported Monday that sales of new homes dropped by 26.4 percent last year to 774,000. That marked the worst sales year on record, surpassing the old mark of a 23.1 percent plunge in 1980.

The government reported that the median price of a new home barely budged last year, edging up a slight 0.2 percent to $246,900, the poorest showing since prices fell by 2.4 percent during the 1991 housing downturn. Read more



read more…

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Couldn't find your convert utility. Check that you have ImageMagick installed.