Real estate news update: 3-10

Written by Federal Title | 10 March 2010

A daily dose of headlines for real estate agents, mortgage lenders and consumers.

Home-saving loans afoot
Wall Street Journal: Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages.		Strategic defaults on loans rise
San Francisco Chronicle: Job loss, divorce and higher monthly mortgage payments trigger strategic defaults, and some homeowners don't want a high mortgage and no equity.
Spring market headed for a boom or a bust?
Boston Globe: So are the pending sales telling us that a bright spring market is just ahead? Or is this just one gigantic tease?
Treasury: More work ahead on housing market
Reuters: The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, according to one Treasury official.
14 troubled real estate markets
Forbes: List includes the 14 most troubled real estate markets among those whose metropolitan areas have at least 300,000 residents.		Housing discounts hit new low
Forbes: A new sign the housing market is in recovery mode: The number of homes for sale across the U.S. with discounted asking prices dipped to fewer than 20% on March 1.

Subscribe to receive the latest industry news twice a day directly in your inbox.
Headlines compiled by Strategic Research. 

Add comment

This site contains information of a general nature only and is not intended to be relied upon as, nor a substitute for, specific professional advice. No responsibility for the loss occasioned to any purpose acting on or refraining from action as a result of any material in this site can be accepted.


Security code
Refresh

Browse content by topic

 

Connect with FTE