October 28, 2009, 10:39 am
Fitch Ratings boosted its forecast for residential starts and prices on the heels of 10% growth in sales of existing homes, as well as smaller gains in home sales volume and price for the latest period. However, analysts caution that a potential inundation of 3 million foreclosed properties could topple… View post: Analysts Expect Up And Down Recovery For Real Estate Market
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Analysts Expect Up And Down Recovery For Real Estate Market
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October 16, 2009, 8:36 am
Residual pessimism is holding back a full housing market recovery, even as the latest Fitch Ratings reflect cautious optimism in housing starts and sales projections. The road to recovery is likely to be bumpy according to the report, marred by delinquent properties becoming distressed sales just as… Read more: Fitch Ratings Sees Bumpy Road To Recovery In US Housing
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Fitch Ratings Sees Bumpy Road To Recovery In US Housing
October 14, 2009, 10:07 am
As the number of seriously delinquent borrowers hits an all-time high, Fitch Ratings reports that while measures aimed at stemming foreclosures have helped in the short-term, increasing joblessness rates will inevitably cause housing prices to fall even further. In addition, the negative equity that… See the rest here: Number Of Distressed Borrowers Continues To Grow
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Number Of Distressed Borrowers Continues To Grow
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