1 realtor in lawrenceville: Bank Owned Lawrencville Town Home With New Carpet - 05/23/10 01:08 PM
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1 realtor in lawrenceville: Reverse Mortgages - Good ? Bad ? - 10/27/09 08:14 PM
Reverse mortgages have hidden dangers
Panelists at the Information Management Networks 15th annual ABS East gathering in Miami Beach conference said that in the last two years reverse mortgages have moved beyond the needs-based senior and now see a significant mix of borrowers tapping into the market. This year alone, the percentage of owners with homes valued at above $400,000 is increasing to up to 39% of the reverse mortgage claims in some markets. The panel also said the market is set to grow dramatically, with predictions that the next leg of growth in structured finance will come by way of … (0 comments)
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1 realtor in lawrenceville: Are Housing Prices Still Falling - 10/10/09 08:23 PM
More than once a day I get asked .. where is the market heading and have we reached the bottom .. yet ?
Well my crystal ball is a little cloudy but here is what one leading economist
Roubini sees 10% decline coming
According to leading economist Nouriel Roubini, housing prices may still fall more than 10 percent as demand from first-time home buyers fades. Roubini said massive losses in commercial real estate loans will add to the problem, forcing banks to raise more capital. "The stress is moving from residential mortgages that are still in deep trouble, to commercial real … (0 comments)
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