ARCHIVED BLOG POSTS
The Standard & Poor’s/Case-Shiller index, released today, showed home prices dropping by a record amount in July, although the pace of monthly declines seems to be slowing. The 20-city index fell 0.9 percent in July and is down 16.3 percent from last year. That’s the largest drop in the index...
Lost in the noise of the government bailout of Fannie Mae and Freddie Mac and the collapse of Lehman Brothers, but RealtyTrac released its foreclosure report for August last Friday. Foreclosure filings, including delinquency notices, auction sale notices, and bank repossessions increased 12 p...