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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It’s Now Official: The U.S. Is in a Recession

Posted by: Carleton Sheets in Recession, Economy on Nov 30, 2008.

I read an article today that the U.S. is officially in a recession---and has been since December 2007. What seemed obvious to many for some time has just now been recognized by those who are in charge of documenting it for the history books.

And more breaking news ... it all started with the decline of the housing market!

It seems that this will be one of the longer recessions in the history

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Media Triggers Mixed Messages About Economic Recession

Posted by: Carleton Sheets in Recession, Real Estate Market on Apr 28, 2008.

I read an article in USA Today a few weeks back that I thought finally showed a deeper understanding of the real estate market. It examined some of the mixed messages that the media is sending about the economy. The conclusion? The economy of an area is driven by local --not national-- conditions.

Is the U.S. headed into a recession? Well, it depends on where you are. Some areas are really

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