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Are strategic defaults morally acceptable yet?
Published on 2010-05-11 08:54:02
Sunday night, 60 Minutes featured an interesting piece featuring homeowners who were walking away from their mortgage obligations (who could otherwise pay) because they were underwater. Conventionally, these people would simply be considered to be “bums” and “deadbeats,” but at what point does a rational decision, based not on societal notions of responsibility, become acceptable? [...]
Where Home Equity is Evaporating the Quickest (Map)
Published on 2010-05-07 14:11:58
Forbes has compiled a list of 11 real estate markets with home values which are still declining quickly. Here is how they determined these areas: Using data from Moody's Economy.com and Equifax, we measured the percentage of home equity--or the amount invested in the home, plus or minus any price appreciation or depreciation--relative to the [...]
Weekly Roundup
Published on 2010-05-07 12:49:36
Here are some the more interesting and useful real estate articles and posts that I've come across this week. Did I miss anything? Can you change my mind about the uselessness of open houses? [Agent Genius] Tagwhat – augmented reality for real estate [Agent Genius] Dr. Freud, are you in? MLS mumbo jumbo oddball slip [...]
