Have We Reached a Tipping Point? - 11/11/08 07:13 AM
The evening of November 4th was a historic night. The new President-elect faces a daunting array of challenges. One of the most important will be to halt the falling tide of home prices. More and more Americans face declining home values, overwhelming mortgage payments, and the real possibility of foreclosure. Will President-elect Obama be able to turn the tide and stop America slipping from recession into a depression?
The Baltimore Metro Home Price Index for October 2008 was down 1.7% from the month prior and down 1.8% from this time last year. The Anne Arundel County index was down 1.2% from … (0 comments)

Strategies and Solutions for Distressed Homeowners - 11/10/08 07:39 PM
Do you know anyone who is facing foreclosure?  Anyone who is behind on their mortgage?  Anyone who has lost their job?  Anyone that has not been able to refinance their current mortgage?
Today's distressed homeowners need answers and they need an advocate to offer options and help them understand their rights.  When homeowners find that their home is worth less than they owe, they often have no idea of what to do.  It seems impossible to get answers to critical questions about options and how each option might affect their credit in the short-term and ability to purchase a home in … (0 comments)

Stop Mortgage Defaults and Foreclosures!!! - 11/03/08 08:04 AM
A reported by Robin Sidel in a November 1st article in The Wall Street Journal online "J.P. Morgan Chase & Co. launched an ambitious plan Friday to modify the terms of $70 billion in mortgages for borrowers who are behind on their payments or soon could be."  J.P. Morgage Chase appears to be leading the way in halting the rising tide of foreclosures and homeowner defaults on mortgage payments.  I congradulated J.P. Morgage Chase for stepping up to the plate to address the problem headon.
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Stephen Howell

Selling Annapolis MD Luxury and Waterfront Homes

Annapolis, MD

More about me…

Coldwell Banker Residential Brokerage

Address: 170 Jennifer Road Ste 102, Annapolis, MD, 21401

Office Phone: (410) 224-2200

Cell Phone: (443) 994-8043

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Real Estate Market Assessment, Conditions, and Outlook for Maryland, Anne Arundel County, Annapolis and the surrounding areas of Arnold, Crownsville, Riva, Edgewater, and others.

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