Homes Prices Plunge in 2009 01/25/2010
Sales of previously occupied homes rose in 2009 for the first time in four years, despite a December slump that was due to a tax credit that led many buyers to complete sales earlier. Still, prices plunged more than 12 percent last year -- the sharpest fall since the Great Depression. The price drop for 2009 -- to a median of $173,500 -- showed the housing market remains too weak to help fuel a sustained economic recovery. Read more here. Add Comment Housing Starts At Record Low In April 05/19/2009
Thought it was getting better? Think again. I've been saying for months that this isn't going to bet any better for a few years... except for oil and gas will slowly creep up into the expensive range again... which it has. Check out earlier articles with predictions on gas prices. Upside Down Americans 05/14/2009
15.4 million homeowners are now upside down on their homes... they owe more than the home is actually worth. This is up from 13.6 million only four months ago. The number will probably hit at least 20 million by the time this is all over. Foreclosures Still Very High 05/13/2009
"We've never seen two consecutive months like this," said Rick Sharga, RealtyTrac's senior vice president for marketing. "It's the volume that's surprising." $1,000 Buys a Home... in Michigan 04/29/2009
The home price crisis continues. You can be the proud owner of a home in Michigan for as little as $1,000. Yes, it probably needs an extreme home makeover from Ty what's his face, but still... you can't buy the tile in the bathroom for that much at Home Depot. |





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