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Memphis/Residential
Problem mortgages hit new high at 14 percent Data mean foreclosures may not peak until next year More than 14 percent of borrowers were in trouble on their mortgage during the third quarter, a new record, according to an industry survey released...
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Memphis/Residential
Harvard Economist Predicts Prices Will Stay Low Harvard University economist Edward Glaeser discusses with Money Magazine where home prices will move next. He argues that older, colder cities are unlikely to come back because their initial growth...
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Memphis/Residential
Increasing numbers of home owners are struggling with the decision to walk away from their homes because their mortgages are so far underwater.
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Memphis/Residential
Interest rates are at historic lows but cyclical trends suggest they will soon rise. Home buyers may never see such a chance again, writes Marc Roth
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Memphis/Residential
A growing number of home owners in Arizona, California, Florida, and Nevada—where prices have fallen the most—are walking away from their properties.
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Memphis/Residential
More than 1.7 million homeowners were verging on foreclosure this fall, making it likely that these houses will soon end up on the market one way or the other, driving down overall housing values.
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Memphis/Residential
Home prices in 45 of the largest housing markets are expected to fall another 4.2 percent before they hit bottom in March, according to First American CoreLogic’s LoanPerformance Home Price Index.
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Memphis/Residential
J.W. ELPHINSTONE | AP Real Estate Writer
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NEW YORK (AP) – U.S. home prices rose for the fifth month in a row in October, but the recovery continues...
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Memphis/Residential
1,147 homes were sold in November, an 8.1 percent increase from November 2008, according to the Memphis Area Association of Realtors.
Details here
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Memphis/Residential
Report: Memphis home prices could rise 1% in 2010 Memphis has been identified as one of five metro areas of the U.S. expected to see modest upticks in housing prices this year.
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