house prices

Do You Live In One Of America’s Most Foreclosure-Ridden Towns?

Posted April 23, 2009 - 12:40 by Paul Michael

Real Estate and Housing, Investment, Consumer Affairs

Foreclosure

I’ve seen several houses in my area go into foreclosure over the last 12 months. The economy and over-inflated housing prices, coupled with predatory lenders and some very bad decision-making, have turned something that was once quite rare into a full-blown epidemic. But some places are having it worse than others; much worse. Do you live in one of those unfortunate towns? You're about to find out.

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Will house prices keep dropping?

Posted July 29, 2008 - 03:53 by Philip Brewer

Investment, Real Estate and Housing

Foreclosure sign in front of a house

I don't think much of the "buy low, sell high" model for house purchases. I think a house should be purchased as a place to live, in which case the main questions are whether you want to live there and whether you can afford it, not whether prices have hit bottom. Still, it's a question of interest to a lot of people, so I've been meaning to write an article on the topic. Happily, Vladimir Klyuev, an economist with the International Monetary Fund, has written it, so I don't have to.

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