The recession will now turn deeper and the Federal Reserve is worried about deflation. more about "Suddenly, Gary Shilling’s Bearishness…", posted with vodpod
Filed under: Credit Crunch, Credit Freeze, Deflation, Dooms Day, Economy, Gary Shilling, MoneyBob Postings, economics | Tagged: Real Estate, Mortgages, housing bubble, Gary Shilling, commercial real estate, Housing, double dip, housing market | Leave a Comment »
The percentage of loans that were in foreclosure or behind at least one payment hit 15.02%, the most since MBA’s records began in 1972. Foreclosures will likely stay high in 2010. Real estate Web site Zillow.com recently said one in five homeowners were underwater in Q4!! 4.5 million foreclosure filings are expected this year, up [...]
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One In Three Chance You’ll Soon Owe More Than Your House Is WorthPosted Aug 20, 2009 11:15am EDT by Henry BlodgetRelated: xhb, tol, len, kbh, dhi, phmForeclosure rates in the U.S. remain near record highs. More than 13% of American homeowners with a mortgage are either behind on their payments or in foreclosure. The latest [...]
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Apr 14, 3:26 PM EDT AP Poll: Mortgage Payments Worry Many By ALAN FRAM Associated Press Writer WASHINGTON (AP) — One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home’s value is shrinking, according to a poll showing widespread stress from the nation’s [...]
Filed under: Credit Crunch, Economy, Foreclosure, Interest Rates, Middle Class, Mortgages, Real Estate | Tagged: Foreclosure, Foreclosures, Mortgage, Mortgage Debt, Mortgages, Real Estate, US News | 2 Comments »
Double-digit home price drops coming By Les Christie, CNNMoney.com staff writer – September 19 2007: 3:24 pm NEW YORK (CNNMoney.com) — Over the next few years, more than three-quarters of the nation’s housing markets will suffer some decline in home prices. Many will experience double-digit hits in a forecast that has worsened considerably in recent [...]
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