Tag Archives: Home Values

Home Values Have Been Stabilizing

U.S. homes lost $489 billion in value during the first 11 months of 2009. That’s significantly less than the $3.6 trillion lost during 2008 and evidence that home values are stabilizing, says Zillow.com, online real estate research firm. Properties in … Continue reading

Posted in Foreclosures, general, Housing Market News Update, mortgage, New York Real Estate, Short Sales | Tagged , , , , , , , , , , | Leave a comment

Short Sales And Foreclosures: When It's Time To Move On

When the value of a home drops by 20%, it’s tempting to let it go into foreclosure, or work out a short-sale agreement with the bank. But giving up a current home in the hopes of paying less on a … Continue reading

Posted in Foreclosures, mortgage, New York Real Estate, Short Sales | Tagged , , , , , , , , | Leave a comment