Real estate blog entries tagged with half of all homes underwater by Mark MacKenzie Real Estate Planning

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Mark MacKenzie : The Blog of Author Mark MacKenzie: It's The Housing Market, Stupid! : Tag "half of all homes underwater"

half of all homes underwater: RealtyTrac: Foreclosure Filings Set New Record In July - 08/13/09 07:30 AM

According to RealtyTrac, foreclosure filings set a new record in July as they rose 7% from June and are up 32% year over year.
According to James J. Saccacio, RealtyTrac's chief executive, "July marks the third time in the last five months where we've seen a new record set for foreclosure activity".
In other words, despite calls of a housing bottom by CNBC's Jim Cramer and even the AP, the housing market is still deteriorating and home values are still eroding.
This escalation of foreclosure activity also brings into question the effectiveness and long-term sustainability of the Obama Administration's $75 billion loan modification … (4 comments)

Related Links:

Mark MacKenzie

Phoenix, AZ

More about me…

Mark MacKenzie Real Estate Planning

Office Phone: (480) 600-0330

Email Me

Click on the book covers to order a copy of these books from Amazon.com

Links

Archives

Find AZ real estate agents and Phoenix real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.