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Wednesday, December 12th, 2007Realtors group lifts outlook
Housing analysts dispute forecast
By Alan Zibel, South Florida Sun-Sentinel.com, THE ASSOCIATED PRESS
December 11, 2007
WASHINGTON
Bucking conventional wisdom, a trade group for real estate agents Monday said the battered housing market is on the verge of stabilizing and inched up its outlook for 2007 and 2008 home sales.
The revised monthly forecast from the National [...]
Sun-Sentinel.com: Bush Mortgage Plan Won’t Help S. Fla. Housing Market
Friday, December 7th, 2007Bush mortgage plan won’t help S. Fla. housing market
By Paul Owers; South Florida Sun-Sentinel; December 7, 2007
South Florida won’t get a big boost from President Bush’s plan to freeze interest rates for homeowners nationwide who are bracing for sharp increases in their adjustable-rate mortgages, analysts say.
Many distressed borrowers across the region can’t benefit because they’re [...]
Homes101.net: Somebody’s Buying Homes!
Wednesday, December 5th, 2007Somebody’s Buying Homes!
By Blanche Evans, December 5, 2007
To hear the national media tell it, homebuyers are fools to buy right now. Home prices have dropped 5 percent since October 2006. Our economic problems aren’t over, so home prices are bound to drop further. Why would anyone catch that falling knife? But there are some markets [...]