US Home Sellers Cut Prices as Tax Credit Ends….More Short Sales
By: Reuters More U.S. home sellers cut their listing prices in April, aiming to seal deals in the waning days of federal tax credits meant to revive housing, real estate web site Trulia.com said on Wednesday. Prices on 22 percent of homes on the market as of May 1 had...
Home Buyer Tax Credit Takes its Toll…More Short Sales and Foreclosures?
CNBC Real Estate Reporter Diane Olick As the end of the home buyer tax credit neared last month, we all argued whether or not the increase in sales and the relative price stabilization could survive on their own. The first clues indicate the answer is: No. One full...
More Bailouts for Fannie & Freddie..Failing Housing Market..More Short Sales
60 Minutes Video on Strategic Defaults and Short Sales
CBS 60 Minutes Talks Strategic Defaults. Watch CBS News Videos Online
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