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Loan Modification

: Mortgage Lender Implode-o-Meter

Home Prices in U.S. Cities Up 3.8% From Year Earlier

By Implode-Explode Heavy Industries

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"The end of a government homebuyer incentive worth as much as $8,000, mounting foreclosures and unemployment near a 26-year high threaten to set real estate prices back following the stabilization that began earlier this year. Eroding home equity may limit household spending, the biggest part of the economy, even as gains in income help underpin demand."

Full post as published by Mortgage Lender Implode-o-Meter on June 29, 2010 (boomark / email).

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