Foreclosure Inventory Is Increasing
The number of foreclosed homes that banks are sitting on is rising, and housing values could go down when these distressed properties are put on the market.
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More People Are Sharing Homes
According to new data from the U.S. Census Bureau and the Pew Research Center, the number of Americans living in multi-generational households is on the rise.
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Winter Storms Hold Mortgage Rates in Place
Rates for 30- and 15-year mortgages barely inched up this week, which Freddie Mac attributes to the impact of snowy weather on the housing market.
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Greenspan Denies Causing the Housing Bubble
Former Federal Reserve Chair Alan Greenspan says his policies aren’t to blame for the downturn in housing.
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‘Second Life’ Practitioners Make Real Money
Business partners are earning six figures annually selling ‘virtual’ real estate in Second Life.
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Congress Still ‘Out to Lunch’ on Flood Insurance
Although a temporary extension of the current federal flood insurance policy seems likely, there is no vote in sight for any possible expansion of the program.
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