by countyproperties | Jan 15, 2009 | Current Affairs, Finance, Real Estate news
WASHINGTON – A divided Senate has approved President-elect Barack Obama’s request for $350 billion in unspent financial bailout funds. The 52-42 vote releases the money in the midst of rising foreclosures and a worsening climate for the nation’s banks. It...
by countyproperties | Jan 15, 2009 | Current Affairs
“I say to you today, my friends, so even though we face the difficulties of today and tomorrow, I still have a dream. It is a dream deeply rooted in the American dream. I have a dream that one day this nation will rise up and live out the true meaning of its...
by countyproperties | Jan 9, 2009 | Current Affairs, Finance, Real Estate news
The central bank expects slow improvement in the second half, while BlackRock takes a sunnier view. Traders appear to believe that Wall Street will recover far sooner than the broader economy; placing value on predictions from BlackRock and a forecast for modest...
by countyproperties | Jan 3, 2009 | Current Affairs, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Here comes 2009As 2008 comes to a close, many housing analysts are reflecting upon the year and forecasting what home buyers, sellers, and homeowners can expect for this year. MAKING SENSE OF THE STORY FOR CONSUMERS “¢ According to Ken Rosen, chairman of...
by countyproperties | Jan 3, 2009 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Mortgage rates continued tumbling, as Freddie Mac reported today that interest on 30-year loans averaged 5.14 percent this week, the lowest point since it began tracking in 1971. That was down from 5.19 percent last week, itself a new low point. A year ago, rates...