us housing market: UK Mortgage Defaults To Double - 05/11/08 04:36 PM
The Times: Home repossessions to double this year for mortgage defaulters
Dearer mortgage costs in the log-jammed home loans market were blamed for a rise of almost 20 per cent over the past year in court orders allowing lenders to seize properties. In a further sign of the growing financial distress, … (0 comments)
us housing market: U.S. real estate a 'bargain' for foreign buyers - 01/23/08 12:18 PM
Below is a summary of an article by Tom Kelly published in Inman News on Jauary 23, 2008. According to the National Association of Realtors, 65 percent of Florida Realtors had at least one international customer, and the trade group's "Profile of International Home Buying Activity" indicated that at least … (7 comments)
us housing market: CRUNCH TIME FOR AMERICAN CONSUMERS - 12/30/07 10:14 AM
An article by Peter Schiff of Euro Pacific Capital submitted to Financial Sense Online on December 28, 2007 highlighted the financial problems faced by US consumers."Beneath the surface lies not only a sea of tenuous loans to prime borrowers, but also an assortment of other liabilities backed by auto loans and … (0 comments)
us housing market: BC Real Estate Market - What To Expect for 2008? - 12/29/07 02:26 PM
BC Real Estate Market for 2008Unabated consumer spending for 2007 has been fueling the US economy inspite of the problems faced by the US housing market and liquidity crunch experienced by the credit and financial markets. If consumer confidence further deteriorates, the decline in house prices could accelerate causing sharper … (16 comments)
us housing market: Year End Housing Market Report - No End To Housing Recession - 12/25/07 01:12 PM
The following housing market report was filed by Bob Willis and reported by Bloombarg.com:Sales of new homes in the U.S. fell in November, signaling no end to the housing recession that threatens to stall economic growth, economists said before a report this week. Purchases fell to an annual pace of … (5 comments)
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The Times: Home repossessions to double this year for mortgage defaulters
