Housing Prices Continue to Fall, Reduced Supply May Be Signaling Bottom

by Chase Armer on May 29, 2009

in Uncategorized

Standard and Poor’s Case-Schiller National Home Price Index, an index that tracks home prices in 20 of the largest cities in the US, fell 19.1% in the first three months of 2009. The index is now 32.2% below its peak in June of 2006 and is at its lowest level since 2002. At first glace this is yet another grim statistic on the deterioration of the US housing market. However, reading between the lines, there is evidence that the housing market may be stabilizing. Read more –>


April 2, 2009

The US Economy Shows Some Positive Signs: Are You Ready for an Economic Recovery?

Thumbnail image for The US Economy Shows Some Positive Signs: Are You Ready for an Economic Recovery?

The last two weeks have been filled with positive news about the economy. It all started when several of the major banks announced that they generated a profit during the first two months of this year. Then, General Motors announced that it would not need to take the $2 billion bailout loan from the government that [...]

January 23, 2009

Bolster the Economy by Lowering Your Mortgage Rate

On December 16th, 2008 the Board of Governors of the Federal Reserve issued a statement announcing that: ” …over the next few quarters the Federal Reserve will purchase large quantities of agency debt and mortgage-backed securities to provide support to the mortgage and housing markets, and it stands ready to expand its purchases of agency debt and mortgage-backed securities as conditions warrant.

October 28, 2008

Are We Heading Into a Depression?

3 comments

It seems as though everyone these days is talking about the possibility of our economy not just going into a recession, but going into a depression. In fact, a recent nationwide study reported that 60% of all Americans believe that our economy is heading into a depression.

September 23, 2008

5 Ways to Pay Your Mortgage

3 comments

If you are concerned about your ability to pay your mortgage, there are numerous resources available to you. The City of Rancho Cordova has posted several forms on its website that are designed to help homeowners organize their financial information and contact their lender to negotiate a possible solution to their mortgage problems.






24 queries in 1.205 seconds.