Homeowners: Still Scared Of Shadow Inventory's Effect On Home Prices?
Home sale numbers are still weak, but there is a silver lining to this cloud. Shadow inventory (the number of foreclosed, bank owned homes not on the market) is finally showing some signs of…
FACT SHEET: President Obama’s Plan to Help Responsible Homeowners and Heal the Housing Market | The White House
From: The White House "In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing…
Bubble Meter: Zillow CEO on housing market
Zillow CEO Spencer Rascoff on housing market.. Link here. Recap: Zillow's data suggests that, while down 29% as a nation, home values haven't bottomed out quite yet: Another 3-5% decrease in values…
US Property Prices Fall
Real Estate prices in major US cities rose for the second straight month in May, propped up by a flurry of spring buyers. But after adjusting for such seasonal factors, prices fell in a majority of…