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September 2010 - Posts

Monday, September 20, 2010 11:32 AM

Wave of Foreclosure Sales Could Hurt Prices

More foreclosures could move onto the market as borrowers fall out of the government's loan-modification program. That, coupled with weak demand, could lead to lower home prices across the board, suggests an article in the The Wall Street Journal.
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Monday, September 20, 2010 11:25 AM

Fannie and Freddie May Not Survive Overhaul

A top Treasury official will announce Wednesday that mortgage giants Fannie Mae and Freddie Mac won’t survive a revamp of the U.S. housing finance system in their current form. "Private gains will no longer be subsidized by public losses, capital
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Monday, September 20, 2010 11:10 AM

10 Reasons to Buy a Home

Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what's more, tomorrow will be a great time to own, because the fundamental strength
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Friday, September 10, 2010 12:02 PM

Sellers Aren't Cutting Prices

The number of home sellers listing on Zillow.com who lowered their prices in August was unchanged from July, the first time in five months that price cuts weren’t on the rise. The median price cut was 7 percent in August, unchanged from July, Zillow
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Friday, September 10, 2010 11:57 AM

Some Experts Weary of Government Intervention

An increasing number of economists and housing analysts are urging the government to step back and let the housing market fall where it may. ''Housing needs to go back to reasonable levels,'' says Anthony B. Sanders, a professor of real
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Friday, September 10, 2010 11:51 AM

Fed Beige Book Sees Mixed Housing Activity

The Federal Reserve released its periodic Beige Book report on Wednesday . Of the 12 regions the Fed tracks, economic activity was up in seven and had slowed or was mixed in five. Here is what the districts reported about housing: Boston : “Residential
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