Archive for the ‘Around The House’ Category
Sunday, January 6th, 2008
Many Americans who have adjustable rate mortgages (ARMs) are facing the harsh reality that when their mortgage rate resets, they will have a higher monthly payment on a property that will likely be valued less than what it is today.
Unfortunately, some of these home owners with ARMs are too far ...
Posted in Around The House | 3 Comments »
Tuesday, October 9th, 2007
With the United States is stuck in the worst housing slump since the Great Depression, it's easy to see why most of the national media and many of us have bought into the "Chicken Little" (aka "the sky is falling") mentality.
Prices of new and existing homes continue to fall, the ...
Posted in Around The House, Investing, News | 7 Comments »
Tuesday, August 28th, 2007
Depending on who you ask, the "crisis" surrounding the United States housing market is likely to go one of two ways: 1) the decline in the price of homes, and the subsequent drying up of the housing ATM is going to lead the country into the second Great Depression; or ...
Posted in Around The House | 3 Comments »
Thursday, August 16th, 2007
Okay, so I sat down and thought more about what I wrote yesterday. After some careful consideration, I still think the housing market is in for some trouble, but I think that the light at the end of the tunnel might actually be closer than what I initially thought.
First ...
Posted in Around The House, Investing | No Comments »
Wednesday, August 15th, 2007
As a recent home buyer, it pains me to no end to write the article. At the same time, it pains me ever more to hear people say, "don't worry, the home prices will bounce back soon," when speaking about the currently woeful housing market.
I hate to be the ...
Posted in Around The House, Investing | No Comments »