The economy is starting to improve but the housing market has yet to show any significant signs of recovery, which has some homeowners nervous. Home prices are hovering near their recession lows, hit in April 2009, according to the latest Case-Shiller home-price report. It's a buyer's market and by many projections, it won't shift to a seller's market for a good year or more. So how do homeowners, who have most of their equity in depressed real estate, slog through until it becomes a seller's market? Here are 10 tips from real estate moguls who have survived several housing-market downturns.
Monday, May 16, 2011
Monday, May 2, 2011
Answers to 5 Common Questions About Default
Unfortunately, in today's slowly recovering economy, many homeowners continue to find themselves in financial trouble. There are many options available to distressed homeowners -- unfortunately, most people are not aware of what these options are. To help clarify confusion and shed light on optimal homeowner options, real estate finance expert Marian Anthony, answers five questions distressed homeowners often have:
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