Showing posts with label home values. Show all posts
Showing posts with label home values. Show all posts

Saturday, December 11, 2010

Homes Lose 9 Trillion dollars of value

Home values have dropped 9 Trillion dollars in just 4 years!  Off the top of my head I have no ideas how many zeros that is but it's a lot!  The Arizona real estate market is a mess and they say real estate is local -- but 9 trillion is a national number and it's a big one!  According to Zillow 1.7 million of that was in 2010 alone, which suggests that 2011 may not be much better...But could it be worse?  http://bit.ly/fG3i38

Thursday, December 2, 2010

Mortgage Rates - Going Up or Down?

Mortgage rates -- Heading up or down?  Looks like up, according to current economic conditions and lack of foreign investor confidence in our market -- what will rising rates do to our real estate economy? http://bit.ly/ijhVUW