Tag Archives: House Prices

U.S. house prices overvalued by up to 20 percent: IMF paper (Reuters)

Housing developments lie unfinished on the outskirts of Sacramento July 22, 2008. (Max Whittaker/Reuters)Reuters - The downward spiral of U.S. housing
prices still has a way to go and homes were overvalued by
between 8 percent to 20 percent in the first quarter of this
year, according to research by an International Monetary Fund
economist published on Friday.


Foreclosure Numbers Detail More Pain To Come - CNNMoney.com


KATU
Foreclosure Numbers Detail More Pain To Come
CNNMoney.com - Jul 25, 2008
By Dawn Wotapka and Aparajita Saha-Bubna NEW YORK -(Dow Jones)- In yet more bad news for US homeowners and the banks that snapped up securities backed by mortgages, RealtyTrac detailed Friday how the foreclosure epidemic is worsening.
US Foreclosures Double as House Prices Decline (Update2) Bloomberg
Foreclosures continue to climb in region Bizjournals.com
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