Bucking The Real Estate Trend-Waynesville and Maggie Valley Real Estate

Calculated Risk: Freddie Mac: “Potential Large Wave of Foreclosures”

More articles worth sharing:

Freddie Mac: “Potential Large Wave of Foreclosures”

“We start 2010 with some early signs of stabilization in the housing market, with house prices and home sales likely nearing the bottom sometime in 2010. We expect that low mortgage rates, relatively high affordability and the homebuyer tax credit will help continue to fuel the recovery. Still, the housing recovery remains fragile, with significant downside risk posed by high unemployment and a potential large wave of foreclosures.”
Freddie Mac Chief Executive Officer Charles E. Haldeman, Jr.

Read the rest here.

New Homes Sales fall to Record Low in January.

via @intowninsider

Posted via web from Susie Blackmon’s Posterous

Related articles by Zemanta

• Foreclosures Hit Record High, Agents Shift Focus To Short Sales. (buckingtherealestatetrend.com)
• Big Banks Accused of Short Sale Fraud – CNBC (buckingtherealestatetrend.com)

This entry was posted on Thursday, February 25th, 2010 at 4:24 am and is filed under Real Estate Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. NYT Article: Short-Sale Program Will Pay Homeowners to Sell at a Loss. | Bucking The Real Estate Trend-Waynesville and Maggie Valley Real Estate said at March 9th, 2010 at 6:41 am

   [...] Calculated Risk: Freddie Mac: “Potential Large Wave of Foreclosures” (buckingtherealestatetrend.com) [...]

Leave a Reply