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Abodeblog

The house blog.
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Bush subprime plan helps 1.2M

Feb 15, 2008
The Bush administration foreclosure relief plan could help 1.2 million distressed homeowners. (Go To Article: cnn.com)

Subprime borrowers are still going to pay more

Feb 15, 2008
Subprime borrowers may get lower rates but they were paying more before and will still pay more than prime borrowers. (Go To Article: cnn.com)

Foreclosures cause taxes to drop

Feb 15, 2008
Foreclosures cause taxes drop in several ways. When home values decline property goes down. When leaders abandon properties property taxes stop. When sales drop state transfer fees and deed and mortgage registration taxes drop. (Go To Article: cnn.com)

Foreclosures hurt other homeowners

Feb 15, 2008
Foreclosures hurt other homeowners by causing home values to fall and an increase in crime. (Go To Article: cnn.com)

Booming real estate markets

Jan 24, 2008
Wenatchee, Washington - Retirees buying up houses., 23.5% Salt Lake City - Booming tech industry., 16.0% Grand Junction, Colorado - Booming energy industry., 14.3% Seattle - Technology revival., 9.9% Wilmington, N.C. - Fast growing population.,...


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