Real Estate
by Charles Feldman
| May 13, 2009
So, is it good or bad news that home prices have –as Bloomberg.com puts it–”dropped the most on record in the first quarter from a year earlier?”
Depends how you look at it.
On the one hand, the lower prices mean that some people who might not have been able to buy homes before can do so [...]
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Real Estate
by Joshua Dorkin
| April 9, 2009
The following is a guest blog by Matt Milmeister, author of Mastering the Art of Foreclosure Investing.
Anytime there is a foreclosure and the bank takes these properties back, they sit vacant. When this happens, the yards and houses further deteriorate and they become eyesores for their neighborhoods. Then property values of perfectly good [...]
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