Signs of Life in the Housing Market - 07/31/09 02:21 PM
Signs of Life in the Housing Market
The good news is that government efforts to prop up prices didn't do much
The economic crisis began with a housing downturn that spread to housing finance, and then to the entire economy in the form of a deep recession. Stability in the financial sector and growth in the economy will not resume until there is recovery in housing. But what will constitute a recovery in housing?
While the news this week about an uptick in home prices and sales in some markets is encouraging, those anticipating a return to pre-bubble price levels … (0 comments)

Foreclusres Are Often In Lender's Best Interest - 07/30/09 03:28 PM
Foreclosures Are Often In Lenders' Best InterestNumbers Work Against Government Efforts To Help Homeowners
By Renae MerleWashington Post Staff WriterTuesday, July 28, 2009
 
Government initiatives to stem the country's mounting foreclosures are hampered because banks and other lenders in many cases have more financial incentive to let borrowers lose their homes than to work out settlements, some economists have concluded.
Policymakers often say it's a good deal for lenders to cut borrowers a break on mortgage payments to keep them in their homes. But, according to researchers and industry experts, foreclosing can be more profitable.
The problem is that modifying … (0 comments)

 
Monica Snipes-Austin, Helping Buyers & Sellers in Metro Washington, DC (BML Properties Realty)

Monica Snipes-Austin, Helping Buyers & Sellers in Metro Washington, DC

Washington, DC

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BML Properties Realty

Address: 9500 Arena Drive, Ste. 350, Upper Marlboro, MD, 20774

Office Phone: (240) 764-5092 x 14

Cell Phone: (202) 420-9958

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