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Will First Time Borrowers Save the Housing Market?

May 6th, 2008

Economist say we are seeing some action with first time home buyers. For the economy to rebound it has to start with the housing market, so can first time buyers boost the market or are there too few options available for this to happen? Also with lower housing prices, what do you need to do as a seller to make sure your house sells in this first time buyer’s market?

For more on this read:
U.S. housing slump may require tax credit to encourage buyers
Part one: Shoppers can get more house for their money across price ranges
First-time home buyers have few options

Home Equity vs. Line of Credit in Today’s Market

April 8th, 2008

What is the difference between a home equity loan and a HELOC? Find out the main differences between the two and which one might be a smarter choice in todays market.

For more on this read:
Thousands of Homeowners Facing HELOC Foreclosure
When HEL Freezes Over — Who’s out in the cold with the HELOC freeze?
The $1.1 Trillion HELOC Problem

When the Rich Stop Buying, We’re All in Trouble

April 3rd, 2008

Beverly Hills Real Estate Broker Connie De Groot talks with Neil Cavuto about the luxury home market and how it is holding up in light of the recent housing slumps. If the “rich” continue to buy and sell, will the market be spared from further falls?

For more on this read:
A Bright Spot Among the Construction Services Companies — Hamptons Luxury Homes 2007 Results Outperforms Industry Trends
Housing Market Tracker - It’s About Affordability, Stupid.
The luxury property market shrugs off the slowdown

Clinton’s 4-Point Plan to Help Homeowners

March 25th, 2008

CNN’s Ali Velshi breaks down Hillary’s housing plan to bring relief to home owners. According to Clinton, “aggressive action” should be taken now to help families avoid foreclosure and increase falls in the US economy.

Is this a good plan or is it possible this plan could bankrupt the country? To learn more read:

Clinton unveils plan to stimulate economy
Obama says Clinton’s housing plan helps rich
Gov’t eases Fannie, Freddie restraints

Is America in a Recession?

March 20th, 2008

According to a poll by Gallup News, 76% of the Americans asked stated that they believe the United States is, in fact, in a recession. A similar poll was taken in October of 2007 where only 36% replied that they felt America was experiencing a recession. This is a striking rise in this opinion and numbers like this haven’t been seen since 1992.

But how many Americans reported they felt the United States is headed for a depression?

To learn more about this, read:
Recession bound
The Housing Recession
A dangerous divergence
When Recession Fears Abound, it May be Best time to Start a New Business