FORECLOSURES FELL 7 PERCENT IN JUNE

While foreclosures rates remain substantially higher across the country over 2006 figures, the number of filings of loan defaults, auction sales, and bank repossessions fell by 7 percent in June, according to the U.S. Foreclosure Market Report released July 12 by...

A record week for the Dow Jones

A record week for the Dow Jones, pushing over 13,900 for the first time ever. Perception is 90% of reality- nobody wants to hear negative news (retail sales took a dive, the subprime market lingers like a bad hangover, gas prices are up, the housing market crunched...

Home Prices Expected to Recover in 2008

As Inventories Decline Home prices are expected to recover in 2008 with existing-home salespicking up late this year and new-home sales rising early next year,according to the latest forecast by the National Association of RealtorsĀ®.Lawrence Yun, NAR senior economist,...