Tuesday, June 9, 2009

Home Price Declines Moderated in First Quarter, According to Survey (BuildingOnline)

LEXINGTON, MA -- House price depreciation moderated across the country during the first quarter 2009, falling at a 2.2% annualized pace compared with 12.5% rate of decline in the fourth quarter 2008, according to the first-quarter 2009 update of House Prices in America, the U.S. housing valuation analysis from IHS Global Insight., more 
and Missed House Payment Might Portend Crisis: 8% of Ohio Mortgages in Arrears By 1 Month (Builder Magazine)  Jun. 7--Retiree Paullette King "felt ill." After years of faithfully paying home mortgages and other bills, they were no longer able to keep up with house payments., more 

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