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Home prices are expected to drop another 20% before hitting bottom, according to economists at A. Gary Shilling & Co., raising the risk that 40% of borrowers will walk away from their home in a strategic default.  The firm reported in its December Investment Insight that home prices are already ...
The U.S. population grew 9.7 percent in the past decade -- the lowest rate since 1930-40, according to the first results of the 2010 decennial census released today.  The U.S. Constitution mandates that the census be conducted every 10 years in order to redistribute seats in the U.S. House of Rep...
Next year, housing prices will likely drop 5 to 10 percent nationally -- finally hitting a trough, according to a webcast by real estate data company Altos Research. "Prices are going to go down a little bit more, and if there's nothing but bad news out there, (which is) what we're seeing, then ...
Q: Would you let me know what the benefit of doing a short sale is? --Linda A: Whether there are benefits to doing a short sale, and what they are, depends on a number of factors, including whether you are buying or selling, where you are located, and the specifics of your personal finances and ...
For most metro areas, home prices peaked some time in 2006 and except for a few minor bumps, it's been all downhill ever since. 2010 has been no exception.  So, if we tally up all the annual sales data since 2006, it's been a four-year run of bad news regarding the direction of housing values.  ...
The expiration of the homebuyer tax credit and the robo-signing controversy dented sales of bank-owned and foreclosed homes during the third quarter, but those willing to brave the uncertain environment picked up deals not seen in nearly five years, data aggregator RealtyTrac said.  RealtyTrac e...
Freddie Mac and Fannie Mae have lifted the ban on the sale of foreclosed homes, frozen since the document handling fiasco that started nearly two months ago. Freddie Mac sent a memo to agents instructing them to “resume all normal sales activity” while Fannie Mae issued a memo telling agents to “...

Jerry LaRose - Orlando Fl Real Estate Expert

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