Don’t miss these top stories:
30-year mortgage falls below 4% again
Foreclosures jump 7% in October from September
Government refi program won't accept late payers
The great $26 billion real-estate swindle
30-year mortgage falls below 4% again
Foreclosures jump 7% in October from September
Government refi program won't accept late payers
The great $26 billion real-estate swindle
A More than half of Americans say that a drop in value poses the biggest risk to their homes more so than fires, tornados and hurricanes, according to a survey released this week by Home Value Insurance Company to the 58 percent of the more than 1,000 participants said housing market declines are the biggest risk to their homes, according to the report 15 percent said fire is the biggest risk, 9% said tornadoes and 8% pointed to hurricanes.
For the decline in home values continues to undermine homeowners confidence in the housing market, said Scott Ryles, chief executive of Home Value Insurance Company, an Ohio-licensed insurance carrier, in a news release and the home prices dropped in 10 of the 20 key U.S metro areas last month and prices for single family homes are down nearly 4% from a year ago to a homeowners clearly see the ongoing uncertainty surrounding housing values in fact 48% said that owning a home today isn’t an American Dream it’s an American nightmare to the report 56 percent said they pay attention to home prices in their area those people are twice as likely to monitor home prices than their cholesterol and the survey found.
A Read more real estate news in this week’s pages, including the latest on mortgage rates and foreclosures and a Realty Q&A about changes to the Home Affordable Refinance Program “Declines in home values across the country have caused homeowners to realize that owning a home is not a risk-free investment,” Ryles said and lately, to many, that risk feels much greater than more traditional risks to a house including natural disasters.
For the decline in home values continues to undermine homeowners confidence in the housing market, said Scott Ryles, chief executive of Home Value Insurance Company, an Ohio-licensed insurance carrier, in a news release and the home prices dropped in 10 of the 20 key U.S metro areas last month and prices for single family homes are down nearly 4% from a year ago to a homeowners clearly see the ongoing uncertainty surrounding housing values in fact 48% said that owning a home today isn’t an American Dream it’s an American nightmare to the report 56 percent said they pay attention to home prices in their area those people are twice as likely to monitor home prices than their cholesterol and the survey found.
A Read more real estate news in this week’s pages, including the latest on mortgage rates and foreclosures and a Realty Q&A about changes to the Home Affordable Refinance Program “Declines in home values across the country have caused homeowners to realize that owning a home is not a risk-free investment,” Ryles said and lately, to many, that risk feels much greater than more traditional risks to a house including natural disasters.
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