According to Wall Street Journal columnist Jack Hough, now is the time to get back into the real estate market! Below is a summarization of the articles key points and an application of them from a real estate stand point. Enjoy!
Category: Politics & Econ
National Foreclosure Data Shows Positive Signs
This past month we saw a change in the direction of the real estate market on the purchasing side. While it is clearly a positive change, it is unclear if it is temporary or here to stay.
Gold vs. Property: The Better Investment
With Gold at record highs, and property falling to unprecedented lows, where should a consumer put his/her confidence?
U.S. to lower the size of mortgage it will guarantee
The change will result in higher costs and bigger down payments for many home buyers.
New wave of foreclosures due to hit Sacramento area
A monster wave of new foreclosures threatens to engulf Sacramento
C.A.R.’s California Housing Market Forecast for 2012
California home sales and median price are predicated to rise slightly in 2012 according to California Association of Realtors’ ®
Spec Building is Back, With a Catch
With consumer confidence weak and getting weaker, and demand for housing showing no signs of resuscitation
Should U.S. government be involved in the mortgage industry?
Does Fannie Mae and Freddie Mac have a future?
Typical U.S. family got poorer during the past 10 years – USATODAY.com
American families are facing hard times.
Huge Surge in Bank of America Foreclosures – CNBC
Bank of America is sending out far more foreclosure notices to borrowers.