Will Short Selling Save My Credit ??? - 05/04/10 01:22 PM
I thought this blog post covered a lot of ground.  Very good information!
Via Dominic Pallini (RE/MAX ESTATES):
Will Short Selling Save My Credit?
Is your mortgage worth more than your home?With the increased rate of foreclosures over the past year or so, lenders and home owners are forced to consider other options in order to save their future, time and most importantly, money. One of those options to avoid foreclosure and one that is becoming more and more appealing to both homeowners and lenders, is doing a short sale.Short sales are an incentive and make more economical sense for mortgage lenders. Sometimes … (1 comments)

Homeowner Remodeling Spending - 05/04/10 01:20 PM
The weak economy and uncertainty in housing markets remain key hurdles for remodeling activity according to Harvard's Joint Center for Housing Studies. The Leading Indicator of Remodeling Activity (LIRA) points to homeowner improvement spending declining at an annual rate of 12% by the second quarter of 2009.
"Falling home prices and job losses contribute to reduced spending on homeowner improvements," explains Nicolas P. Retsinas, director of the Joint Center for Housing Studies. "Any remodeling rebound must be accompanied by stability in the housing market."
"There are a few hopeful signs that we may be nearing a cyclical low point for home … (0 comments)

 
Dave1

Dave McFarland

Edmonds, WA

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