Fears Grow Over Mortgage Giants
Stocks of Fannie Mae and Freddie Mac are being hammered as the housing slump spreads, but the Bush administration says it's not planning a federal takeover of the mortgage giants.
Here's the latest on the growing fears of Fannie and Freddic from AP reporter, Mark Smith…. (Video runs 2:00)
Do you think the Federal government should intervene, or stay out of it? Tell us what you think by clicking on the comment link below and sounding off on this subject. Your email address will never be published here…
Real Estate News - August 2008
Our August 2008 Newsletter is now up…
From the right Nav Menu, Find "PAGES AND NEWSLETTERS" and Select "August 2008 below "Our Monthly Newsletters".
Home Energy Audits
Free energy audits from your utility company are a popular way to save up to 30% on your energy bill… but you can always do it yourself!
Money Editor Stacy Johnson explains some of the areas you need to look at if you decide to go the do-it-yourself route, and just what you might expect to pay to have a professional do it for you. (Video runs 1:21)…
Housing: Finally Some Positive News
Housing is getting some good news as the markets keep fighting on despite the front running economists saying its all but dead.
First off, any good news needs a narrative and it starts with Donald Trumps record sale of his Florida Mansion.
Meanwhile U.S. Housing starts unexpectedly surged 9.1% in June, the most in more than two years. Barron's Magazine is asking if the market is ready for the "giddy days again", stating a recovery may well be on its way, while affordability of many real estate markets are being sung across the Country.
Of course, as always, just like when markets started tanking… trends are very much market by market. We believe things are turning around. We're seeing an uptick in people wanting to buy homes again.
What do you think? We'd love to get your feedback. Just give us your comment by clicking the comment link below and sounding off. Your email address will never be published on our site here.
Reappraising Appraisers
While our nation's real estate downturn is still unfolding, there's been lots of talk about how to prevent a repeat in the future.
Part of the fix to the problem involves better regulation of appraisers. Money Editor Stacy Johnson looks at some of the changes that are in the works. Video runs 1:25…
