June 10, 2011
The number of homeowners underwater on their mortgages in the United States declined slightly during the first three months of the year.
The decline in the number of borrowers owing more on their mortgages than those properties are worth occurred despite falling...
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Fewer homeowners are underwater on mortgages
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Strategic Defaults Revisited: It Could Get Very Ugly
Apr 26, 2011
Many homeowners see strategic default as their best option, and all major housing markets in the US could suffer.
In an article posted on Minyanville last September -- Strategic Defaults Threaten All Major US Housing Markets -- I discussed...Last edited by tobee43; 04-29-2011, 05:06 AM. -
Vegas home prices: On the skid until 2032
January 7, 2011
NEW YORK (CNNMoney) -- Move over, Cleveland. Make room, Detroit. Beat it, Buffalo. There are some competitors for the title of America's most depressed real estate market.
These are not old Rust Belt post-industrial cities, where the manufacturing economy...