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Treasury Secretary Timothy Geithner says the U.S. economy has suffered a lot of damage in the current downturn and it's going to take time before it fully recovers.
The head of the Federal Housing Administration warned that raising down payment requirements or taking similar steps to limit the pool of eligible buyers for FHA-backed loans would hamstring a...
The House Trap
An analysis for The New York Times by the real estate information company First American CoreLogic shows there are 2.8 million active...
John Leland of the New York Times has an interesting story (today) about how option ARM’s have replaced subprime as the industry bad boy.
Highlights from the New York Times article:
Mr. Clavon,...
I have to admit that I’m one of those people who watch reality television. Lately, I’ve been watching the Bravo TV series “Million Dollar Listing”.
The show follows three young, stylish and incredibly self-centered real estate agents who make...
If there was one neighborhood that I thought would benefit from the $8,000.00 homebuyer’s tax credit, I thought it would be Dorchester. But that’s not the case.
Dorchester condo sales before the $8,000.00 tax credit.
Number of condo sales - 163 (3rd...
