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Tag >> Economic

Foreclosure “Woes” Continue to Unfold!

Posted by: Carleton Sheets in Rescue, Recovery, Recession, Real Estate, Positive Thinking, Foreclosure, Economy, Economic, Confidence on Jun 09, 2009.

An article I just read in USA TODAY reported that the foreclosure rate will probably continue to move upward for a while. The culprit? And, no, it's not subprime mortgages this time  ... it's the unemployment rate that's beginning to include borrowers who have good credit---and higher-end homes.

News like this undermines the cautious optimism some saw in the housing market recovery and

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Will It Be Enough?

Posted by: Carleton Sheets in Tax Cuts, Tax Credits, Stimulus, Reduce Taxes, Real Estate Investor, Real Estate, Government Stimulus, Economic, Barack Obama on Feb 13, 2009.

The new stimulus package proposed by President Obama has finally been passed, amidst much discussion between the House and the Senate, and between the Republicans and Democrats on Capitol Hill. The details of the package continue to emerge.

The New York Times reports that the bill includes a large amount of tax cuts and tax breaks. Many of these will have a nice, positive impact on those

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