Articles About Low Interest Rates
- Richard Gatto
Home Prices Spike, But Is This the Real Deal?
Economists tell us that the reason the US is doing better than Europe is because of two things: our equity markets and our housing sector. And now comes the news that housing is posting its best home prices since 2006. The widely followed Case-Shiller indexes showed the home prices of single-family homes across 20 of […]
- Kurt Rosene
Las Vegas Underwater
Las Vegas may be in the middle of a desert, but right now it’s underwater. Fully two-thirds of the once fast-growing city’s housing stock is underwater, meaning that the owners owe more on their mortgages than the home is worth. According to www.zillow.com, borrowers who are underwater totaled 20.4 million at the end of the […]