Study Shows 75 Percent of Homeowners Owe More Than What Their Homes are Worth

zeusjohn asked: A website that computes home values recently released reports that showed that one third of Americans owe more than what their homes are actually worth. These are the people who bought during the last five years. It also reported a 9.9 percent decrease in home values, the lowest median home price since the [...]

Foreclosed Homes: Winning Real Estate at Great Discounts

philip smith asked: Although it is the dream of most citizens to one day own a home of their own, many have been deterred by the recent drop in the real estate market. Over the past three or four years, we’ve seen the market fall quite far. Home values have bottomed out and lost investors [...]