Archives: June 2010
Housing Crisis Likely to Drag Down Credit Scores
RISMEDIA, June 30, 2010—(MCT)—For countless Americans struggling to make their mortgage payments, the problems have just begun. Although a loan modification or foreclosure might allow them to put their housing problems behind them, millions will be dogged for years by … Read more
June 30, 2010 Posted in Real Estate
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Housing Crisis Likely to Drag Down Credit Scores
RISMEDIA, June 30, 2010—(MCT)—For countless Americans struggling to make their mortgage payments, the problems have just begun. Although a loan modification or foreclosure might allow them to put their housing problems behind them, millions will be dogged for years by … Read more
June 30, 2010 Posted in Home Improvement
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Home Buyers Who Missed 8,000 Dollar Tax Credit Coming Out Ahead
RISMEDIA, June 29, 2010—(MCT)—Home shoppers who missed the April 30 deadline for a housing tax credit might have the last laugh. For a variety of reasons, they could end up saving more than the ,000 they could have received from … Read more
June 28, 2010 Posted in Real Estate
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Homes Shrink as Market Sinks
RISMEDIA, June 26, 2010—(MCT)—When the going gets tough, the houses get smaller. Or at least that’s what data from the U.S. Census Bureau are suggesting. The average size of a new single-family house shrank significantly from 2008 to 2009, the … Read more
June 27, 2010 Posted in Home Improvement
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Florida’s Existing Home, Condo Sales Rise in May 2010
Sales of existing homes in Florida rose 18% in May 2010, marking 21 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors. A total of 16,745 single-family existing homes … Read more
June 27, 2010 Posted in Real Estate
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As Tax Credit Expires, New Home Sales Sink
RISMEDIA, June 25, 2010—(MCT)—Sales of newly built U.S. homes collapsed in May 2010, the government said recently, falling to a record low and stirring concerns among some economists that the housing market would stumble again now that a popular federal … Read more
June 25, 2010 Posted in Real Estate
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Fannie Mae Getting Tough on Home ‘Walkaways’
RISMEDIA, June 25, 2010—(MCT)—Taking aim at homeowners who are able to pay their mortgage but decide it’s not worth it, Fannie Mae plans to go after them in court and to limit their access to home loans for seven years. … Read more
June 25, 2010 Posted in Home Improvement
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