Panel of top economists (NABE) feel that the US housing market has hit the bottom - 10/16/10 10:55 AM
Home prices in the United States found their floor during the early part of 2010 and are expected to begin trending upward next year, according to a panel of elite economists surveyed by the National Association for Business Economics (NABE) for its October 2010 Outlook."The housing recovery is intact, but tepid overall. Home prices have hit bottom," NABE stated in its report outlining the survey results.
What do you think?
… (0 comments)

Bank of America said it's extended its review of foreclosure documents to all 50 states, and will stop all foreclosure sales until its internal review process is completed - 10/08/10 04:48 PM
Flickr image courtesy of respres.
Bank of America said it's extended its review of foreclosure documents to all 50 states, and will stop all foreclosure sales until the review is completed.
 
What effect do you think this action will have pro or con on the national real estste market/
Please share your opinion on this action
… (0 comments)

WE need to get more aggressive on our national home retention efforts and programs - 10/05/10 11:39 AM
WE need to get more aggressive on our national home retention efforts and programs
H.R. 6218, Home Act | Housing Opportunity and Mortgage Equity may be part of the answer
If governmental policy on foreclosure prevention does not change, 11.5 million borrowers are in danger of losing their homes, according to the analysts at Amherst Securities Group LP.
The staggering figure put forth by the mortgage investment brokerage equates to one out of every five borrowers - an astronomical 20 percent default rate that Amherst says "politically cannot happen."
The dire forecast should be a wake-up call to regulators and government … (0 comments)

 
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Fred and Mario Martin

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