America’s free-falling housing markets

Wednesday, February 27th, 2008

        Homeowners in the hardest-hit cities hope for some relief from the Bush administration's recent foreclosure initiative -- but they'll still have to cope with dramatically declining home-sale prices.     Residents of Sacramento, Calif., where home sale prices for November 2007 fell a startling 18.6% from the year before, are likely breathing a ...

Buyers: Should you wait for the market bottom?

Wednesday, February 27th, 2008

        The housing market will continue its downward spiral, forecasts say, and that means opportunities for buyers. But waiting for the market bottom may not be the smartest strategy. Here are 5 reasons to buy now -- and 5 reasons you may want to wait. By Melinda Fulmer, MSN Real Estate     The latest ...

Just Walk Away

Tuesday, February 19th, 2008

A growing trend in today’s market are homeowners that choose to walk away from their mortgage payment, not because they can’t afford the home, but more so because of loss of equity. This is even more of a reality for those that ended up borrowing 100% for the purchase. Some ...

How Distress is our market?

Wednesday, December 26th, 2007

A common statement that I hear about Orange County is that it is insulated and will retain values higher than other areas. That seemed to make sense and I was looking for empirical data to support this statement.   Often you can find the condition of an area by looking at ...