Modest gains predicted for Pittsburgh economy
The Pittsburgh region’s never-booms-never-busts economy will continue to eke out modest gains, the national and global economy show positive signs for a “half-speed” recovery, and the commercial real estate industry nationwide has yet to hit bottom. bizjournals.com |
Don't foreclose! Do a short sale
Short sales are the hottest thing going in the distressed-property market, and the trend is expected to get even hotter in coming weeks, when the government starts handing out cash to encourage lenders to close these deals. rss.cnn.com |
Housing inventory down, prices up in D.C. area
The glut of homes for sale in the Washington area has shrunk dramatically since the housing market's darkest days in 2008, and supply is now close to healthy in some spots. Business - Real estate - Inventory - U.S. Housing Market - House feeds.washingtonpost.com |
20% of mortgages are underwater
More than 20% of the nation's mortgage borrowers owe more than their homes are worth. rss.cnn.com |
Signs of a widening foreclosure mess
A diminishing inventory of foreclosed properties — often caused by title issues — has economists worried about its impact on real estate and the economy as a whole. pheedo.msnbc.msn.com |