“If the story is out that we’re seeing big increases in price, that will be an encouraging sign,” Englund says. … That, in turn, could give a big boost to the psychology of the housing market and to the mindset of Americans who have so much of their wealth tied up in their homes….”We need the housing market to stabilize because it is such an important component of household wealth,” says Jerry Webman, chief economist at OppenheimerFunds.
Articles tagged with: Homes
Shipping Container Houses: Shipping Container Homes: The Economical Choice Shipping container homes make sense from so many standpoints. ..
Foreclosures, unemployment, home prices plummeting and people walking away from their homes. … They call me when birds get stuck in their walls, their children are born and when anything “house” comes up….
As house prices tumble, many have been left watching in disbelief as the equity in their homes plummet and continue to crumble away before their eyes….
In addition, the housing market crash has surged a wave of massive home foreclosures and has led to tremendous drop in the prices of properties all over North America. The housing bubble that reached its zenith in 2005 started to weaken and crumble in 2006 and is now on the edge of bursting ensuing in [...]
