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Double dip housing recession, March prices dip below their 2009 levelThe new numbers are out. Home prices fell 4.2 percent in the first quarter of 2011, hitting a new low and threatening t- Home sales fall to 13 year low in 2010, foreclosures are expected to rise this yearIt is hard to believe that things could get worse in the housing market.The number of people who bought previously owne
Backlog of Banks' inventory of unsold homes rose in June, July, and August, and that was before the recent suspension of foreclosures by banksFrom the WSJ:Over the past six months, that number has actually risen. Banks managed to pare down the shadow inventory,- Home sales plummet 9.6 percent in February, median price lowest in 9 yearsThe housing market continues to get worse. It isn't too surprising that the gap between new and old home prices is get
- Fannie Mae suffers $8.69 billion loss in first quarterGreat, even more federal money may be going to Fannie and Freddie to cover their continuing losses.Mortgage buyer Fanni
- Making foreclosures even more difficultPoliticians undoubtedly think that they are going to be popular by forestalling some mortgage foreclosures. The proble
So how bad has the crash in housing prices actually been?
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Oleh
abudzar
