Archive for October, 2007

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When will housing hit bottom?

Analysis: Fundamentals are bad, and there’s the credit squeeze on top of that
The housing market is just getting worse. Home resales tumbled 8% in September to the lowest levels in this decade, prompting the obvious question: When will it all end?
The honest answer is no one knows. Optimists have been saying for more than […]

Many homes were built, few are occupied

Homeownership rate falls to 68.1%, a four-year low
While more homes were built in the past year, fewer American households were living in their own home at the end of the third quarter than did a year before. The number of homes occupied by their owner fell by a half million in the past year to […]

Selling a shared house

When a divorced couple disagrees on a sale, what are the options?
Question: We have a family member who is divorced but she and her ex-husband still share ownership of the home they bought together. She resides in the home and wants to sell it due to a financial setback, but her ex-husband refuses to participate. […]

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