Homeowners Will Walk from Mortgages Nearly 1 in 3 homeowners will walk away from their mortgages if housing prices continue to fall, according to a new survey by Housing Predictor. Findings to the online Predictor Poll were similar to a survey taken in March. Some 32% said they would walk away from their home if… Continue reading Housing Predictor Poll Results 2009
Further Federal Reserve Interest Rate Cuts Needed
Millions of American homeowners are in crisis facing the doom of foreclosure or the threat of losing their homes. Stimulating the U.S. economy and keeping inflation in check is the job of the Federal Reserve Board of Governors, and they tried to help the troubled housing markets and the greater U.S. economy by cutting the… Continue reading Further Federal Reserve Interest Rate Cuts Needed
Buyers Market Housing Forecast
The best time to buy property in many of the nations housing markets will be through the end of 2008, Housing Predictor forecasts. Markets in many areas are bottoming out and have the highest level of properties listed for sale on the market in years, causing downward pressure on pricing levels. Housing markets in California,… Continue reading Buyers Market Housing Forecast
The Federal Reserve Needs to Make Major Interest Rate Cuts
Already on a downward slide, the U.S. housing market will only worsen in 2008 in the majority of markets if the Federal Reserve does not cut the prime interest rate substantially, according to the latest analysis by Housing Predictor. Near record foreclosure levels in many local markets and late payments are increasing as a result… Continue reading The Federal Reserve Needs to Make Major Interest Rate Cuts
Housing Predictor Polling Center
We Want Your Vote Thanks for visiting the Housing Predictor Polling Center, which gauges public opinion by you taking an active part in the community. Remember your votes are totally anonymous. Should the U.S. government sell its excess inventory of foreclosures to investors at discount prices or list them for everyone to buy at a… Continue reading Housing Predictor Polling Center
News Releases from Housing Predictor
News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your… Continue reading News Releases from Housing Predictor
States Rip Off Foreclosure Victims
By Mike Colpitts Almost $1-billion targeted to victims of banking foreclosure fraud is being ripped off from foreclosure victims to be used to pay for other programs for states facing serious financial deficits. The nation’s largest five banks agreed to pay a $25 billion settlement as part of their agreement to settle allegations of illegal… Continue reading States Rip Off Foreclosure Victims
2012 Alabama Housing Market
A drop in home buyer interest driven by a lack of consumer confidence and record long high unemployment has sent the Alabama housing market into the doldrums, with home values declining at their highest rate on record in some areas of the state. Foreclosures and short sales are driving the drop in home prices in… Continue reading 2012 Alabama Housing Market
Homeowners Insurance Costs Soar
Propelled by massive pay-outs as a direct result of hurricane damage, Florida has the highest homeowners insurance premiums in the nation, according to a new industry study. The rise in policy costs account for more than a 10% increase in annual premiums. Other states are also experiencing large rate hikes. “Most homeowners over-pay for insurance… Continue reading Homeowners Insurance Costs Soar
Best Buyers Market Forecast in 2008
When it looks bad and it looks like things are going to get worse thats the time to pull the trigger and buy real estate to have the highest probability of making top profits investing in real estate. Thats the consensus of veteran real estate investors, who have made fortunes investing. The best buyers market… Continue reading Best Buyers Market Forecast in 2008