Currently, the economy is in a slump and people are finding it increasingly harder to find employment or pay off their bills. However, it is a great time to buy a home either to live in, an investment, to sell or to rent out to other people. Mortgage rates are very low right now due to cheaper than ever property prices.
The housing boom of the mid-2000s occurred during the Bush Administration and was a time of prosperity. Housing prices were not too high and people were buying and selling in significant amounts. Unfortunately, all was not as it seemed. Bankers, a dual study done by Colombia University and Chicago University.
One would usually think that the rate of foreclosures would increase with the worsening economy all across the country. However, there is one county in California called Sonoma that has shown a promising trend. From good signs such as this one, our nation can develop a greater sense of hope among today’s distraught citizens.
New York City is a tough and dirty city with areas that are both wealthy and poor. The wealthy mansions of Malba create a stark contrast with poverty stricken projects in Bronx and other boroughs.
The nations leaders in online real estate foreclosure listings information delivery.
