Derek Fields Home Loans

Derek Fields Home Loans

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Housing quagmire: Is it time to remove relief? 08/31/2010

http://money.cnn.com/2010/08/31/real_estate/federal_housing_programs.fortune/index.htm

Housing quagmire: Is it time to remove relief? Federal programs designed to prop up real estate have largely failed, but more are on the way. Why it may be time to sit back and let the market correct itself.

Foreclosures sell at 30% discount 07/16/2010

http://money.cnn.com/2010/06/30/real_estate/discounts_on_foreclosures/index.htm

Foreclosures sell at 30% discount That homes sold while in foreclosure fetch lower prices than do normal sales is conventional wisdom. Now we're starting to get data that demonstrates just how much that difference can amount to.

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