Today's articles include:
-New Home Sales fell by record amount in 2007
-Number of homeowners who can't afford payments escalates
-Mortgage industry fears foreclosure moratorium
-It's a Renter's Market in the SE Valley
-Permits may fall, but rebound on horizon
-Stimulus plan also sparks housing market
-Lower credit scores mean higher rate for borrowers
-Number of foreclosures soared in 2007
-Economists rate chance of recession as a "coin flip"
Some facts of interest in concert with the Newsletter:
FACT: 97% of home owners in the United States are CURRENT on their mortgage!
WOW, listening to the general media, that number would be voted on the opposite side of current.
FACT: 99% of all homeowners are NOT IN FORECLOSURE.
Not as bad as you thought unless you are part of the other %. The Newsletter and this blog offer several suggestions for help!
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