Foreclosures
by Joshua Dorkin
| October 3, 2006
It looks like pending foreclosures from adjustable rate mortgages are affecting lower income people more then the rich, explains Al Tompkins at Poynter Online. Tompkins looks at recent stories in the St. Petersburg Times (Florida) and Winston-Salem Journal (N.C.) which illustrate this quite clearly.
Black homeownership is falling in Louisville, Kentucky according the the US [...]
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Housing
by Joshua Dorkin
| October 2, 2006
Pending home sales data for August was just released by the National Association of Realtors. According to the Pending Home Sales Index, “contracts signed in August, rose 4.3 percent to a level of 110.1 from a reading of 105.6 in July, but is 14.1 percent lower than August 2005.”
David Lereah, chief economist of the [...]
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Sunday Real Estate Wrap Up
by Joshua Dorkin | August 27, 2006After a long day of rest, I’ve emerged from my sports cocoon to bring you my Sunday wrap up. I’d like to first congratulate Tiger Woods for his 4th straight tournament win, and I want to wish Andre Agassi good luck in the final tournament of his career. Ok . . . back [...]