To be or not to be? Not an easy question, especially when you are thinking about renting or owning a home. Luckily for you as a potential renter or investor, we can actually measure where housing prices are headed and that should make your decision easier. According to national trends, rents are falling and analysts [...]
Monthly Archives: February 2010
Temporary Reprieve
If you were facing foreclosure, would you want to go about it blindly or consider your alternatives? Hopefully, you would choose the latter and research a new pilot program from Citigroup called “Foreclosure Alternatives.” The program started last week in Texas, Florida, Illinois, Michigan, New Jersey and Ohio. According to Citigroup, about 1,000 homeowners [...]
Turn Your Back on Your Mortgage, Say Hello to a Better Future?
Although a strategic default seemed unthinkable before the foreclosure crisis, according to real estate experts and professors, actually going into foreclosure might be forward thinking! Yes, a homeowner who stops making payments, even though they have the money, might be doing the right thing for their own future. That being said, in no way will [...]
Top 10 Real Estate Trends in 2010 – 2 & 1
As promised last week, not all the real estate news for 2010 is doom and gloom. Sure, the foreclosures are predicted to continue and even increase in 2010, and stabilizing home values will depend on the area in which you live. The last two trends to expect in 2010 should help balance out the [...]