Five Potential Threats to the Housing Market comes from a CNNMoney article about the 2015 real estate market. Though I hope to see some recovery in prices, there are some potential issues that could derail a hoped recovery. Here is the list from the CNNMoney article, with my take on each one: 1) Investors Cash Out. Meaning, [...]
In a post today from CNN's "State of the Union" interview with HUD Secretary Shaun Donovan, Bloomberg reports that house prices are unlikely to decline further, and they expect to see a rise in prices in the third quarter. This is due to the reduction in number of people defaulting on their mortgages, down 40% [...]
Fannie Mae and Freddie Mac are freezing foreclosure proceedings on homes from December 20, 2010-January 3, 2011 in an attempt to join in the holiday spirit for those who will lose their homes. What they will prevent is people being evicted from their homes during this time period, hopefully allowing families to spend one last [...]