July 8th, 2008
Housing cocktail talk drying up
I’m finding that no one wants to talk about housing anymore. And people especially don’t want to talk about their own homes and their own property values.
I’m finding that no one wants to talk about housing anymore. And people especially don’t want to talk about their own homes and their own property values.
Would you buy a house from Ford? I wouldn’t. How about from Toyota? That, I might consider.
But there’s a side to the severe floods throughout the Midwest that we haven’t heard much about: Where are all those people who’ve lost homes going to live?
The Associated Press in a June 28 story by writer Stephanie Reitz reported that several historic homes are struggling to stay open because of the economy. Corporations and individuals are providing less financial support while the costs of keeping the historic sites open to the public are rising.
He’s a better actor than he is a governor, and that’s not saying much. But how good of an economic forecaster is Arnold Schwarzenneger? In about a year, we’ll know.
A new report from the Associated Press says that sites such as Zillow.com often come up with value estimates that are way off.
As housing foreclosures across the country continue to rise, a small, but growing, number of homeowners are turning to their employers for help.
Sometimes a real estate project makes so much sense, it makes you forget all the mortgage-fraud cases, foreclosure-rescue schemes and shady mortgage brokers. So it is with the efforts of an Oakland affordable-housing developer to provide 20 residential units at one of its apartment buildings to teens who have aged out of the foster-care system.
The Justice Department is spending a lot of time and resources these days going after those who have committed mortgage fraud. In fact, the department has issued more than 400 indictments since March.
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Written by Dan Rafter [email] for b5media.
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