The Obama administration is doing everything that it can to help this country out of the housing crisis. This latest plan will help homeowners who were unable to modify their loans and are still in danger of losing their home to foreclosure. Although there are very real challenges to its success, this program can have a huge impact towards getting the market turned around.
Another article on the continued efforts to improve Real Estate in Philadelphia.
Cash is and will be king for 2010. With banks still lagging and hesitating on providing financing, having cash will be the difference between getting deals done or not. The next two articles outline why banks are still slow to come around.
Although the residential housing market still has a way to go. With low interest rates, an $8,000 tax credit and prices still on the cheap, you can still find a great opportunity to be a homeowner. But know and understand the risks.
By now I'm sure that we all know how real estate and the greater economy strongly affect each other.
People getting back to work is the best news that any real estate investor can have at this point.
More good news regarding the change in the real estate market trends. Although home prices still have a long way to go and the issue of foreclosures and unemployment aren't yet resolved, greener pastures are ahead.
