LOS ANGELES (AP) — Melissa Hughett and her husband set out to buy their first home in the best buyer’s market in years, confident they would land a deal within a few months. The couple put offers on several homes, but lost them all to rivals who weren’t offering more money — just a...
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Monthly Archives: February 2010
Shadow Inventory of Homes to Take Nearly 3 Years to Clear
Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P Posted By JON PRIOR On February 16, 2010 (1:03 pm) In Servicing/Default, Slider, Top Stories The “shadow inventory” of bank-repossessed properties, as well as distressed mortgages facing foreclosure, will take nearly three years to clear at the current sales rate, according to...
Workers Failing to Save Enough for Expected Retirement Lifestyle
CHARLOTTE, N.C., Nov 05, 2009 (BUSINESS WIRE) -- When it comes to their retirement, America's 50-somethings seem to be in a state of denial. Although the recent economic downturn has forced pre-retirees ages 50 to 59 to consider working years longer than they had hoped, their current rate of savings is unlikely to fund...
February 2010 Newsletter
Here is a link to my “February Real Estate Update“: This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter. This month’s issue includes topics such as: “Sell Faster When You Understand The Buyers Mindset”; “Exterior Remodeling Proves Best Bang...
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