It may not be such a bad idea to bailout millions homeowners who are in over their heads with mortgage debt.
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One question which comes up with some frequency is why foreclosure numbers are so important. After all, isn’t it a fact that foreclosures are actually rare when we look at the entire housing stock?
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Canada’s current housing boom is the strongest and longest in the country’s history, and is still “remarkably buoyant,” says Adrienne Warren, chief economist at Scotiabank. Despite the housing downturn in the United States, last year Canada set an all-time record for resale home sales. Most economists don’t think 2008 will match those levels, but the [...]

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The Republican primary in the state of Michigan was held this past January and the way that the two leading candidates approached this primary provides a fascinating primer on how real estate will fare in the next few years, depending on our reaction to the systemic changes that confront us.
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So you think you’ve got a put-together kitchen with a refrigerator, range, dishwasher and a microwave? Think again.
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Standard & Poor’s S&P/Case-Shiller Home Price Indices are the “leading measure of U.S. home prices,” S & P says in its press releases. Apparently if you say you’re the leader, it must be true, because the financial press appears to buy every word, even if they’re superficially skeptical.
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I’ve got three words for you when it comes to securing buyers in today’s tough market: Sell Yourself First.
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