Thursday, October 29, 2009

Home of Your Choice...Not Easy to Afford.




By Anshu Dixit

As most of the economists have said and are still saying that are economy is getting better. Is it really getting better? Research has shown that some areas are getting better and some are still the same. Such as, housing or real estate market is not doing really good. Real estate market was satisfactory around the month of September but now the housing prices are going down. Which is a matter of lot of people: personally and professionally. Due to the financial crisis many people cannot afford a house of their choice. Government came up with different ideas so people can buy the houses. Such as, in addition to relatively low prices and attractive mortgage rates, the housing market has been supported in recent months by a temporary government tax credit for first-time homebuyers. On the other hand, many home owners are facing problems in keeping their houses due to increase in the mortgage rates. It is an increasingly common question facing homeowners, many of whom have seen their properties lose large amounts of equity in recent years: would you give up a home that is considered to be “underwater” even if you could still afford the monthly payments? In a telephone survey of about 1,000 homeowners nationwide and found that when a mortgage exceeds the home’s value by less than 10 percent, strategic defaults are rarely considered. But if the home’s value dropped to half of the mortgage amount, 17 percent would abandon the loan. It is hard to consider any one source, because some studies are showing that housing prices are going down and some are showing that they are going up.

14 comments:

  1. Is the housing market getting better or worse? Hopefully it is getting better so people will be able to buy the house they want.

    -Scarlett Lu

    ReplyDelete
  2. Undeniably believe that which you said. Your favorite justification seemed to be on the internet
    the simplest thing to be aware of. I say to you, I certainly get irked while people consider worries that they
    plainly don't know about. You managed to hit the nail upon the top and defined out the whole thing without having side-effects , people could take a signal. Will likely be back to get more. Thanks

    Here is my web-site :: arrive

    ReplyDelete
  3. What's up to all, the contents existing at this web site are in fact awesome for people knowledge, well, keep up the good work fellows.

    My webpage criminal check

    ReplyDelete
  4. This is really interesting, You're a very skilled blogger. I have joined your feed and look forward to seeking more of your fantastic post. Also, I've shared
    your site in my social networks!

    Here is my web-site ... 86879

    ReplyDelete
  5. I also found, your posts very interesting. In fact after reading, Its really Great HelpFull Thanks
    Linkdin

    ReplyDelete
  6. Hi If you love to do adventure then don't forget to visit Dubai,here you will find very enjoyable and adventurous places like dhow cruise creek,musandam oman tour... Visit Dubai and enjoy the dhow cruise dubai dinner and also enjoy the hospitality of Govt. of UAE..when you visit musandam oman,you will also enjoy there.

    ReplyDelete
  7. Very good information, it helped for my research.

    ReplyDelete

  8. Wow Great i am in searching of this Post . You Explain the Topic Very Well . Thanks And you can also know about Blinds by Visit
    this site

    ReplyDelete
  9. Give your furry friend the gift of comfort with this super soft Calminnng Pet Bed "AuthorStream" for dogs and cats.
    Our beds feature a round design, creating a cozy and protective atmosphere.
    Pets will feel surrounded by love and warmth, allowing them to experience truly restful sleep.
    The bolstered edge also acts as a headrest, offering additional orthopedic support.

    ReplyDelete
  10. Give your furry friend the gift of comfort with this super soft Calminnng Pet Bed "EmotionalPetSupport" for dogs and cats.
    Our beds feature a round design, creating a cozy and protective atmosphere.
    Pets will feel surrounded by love and warmth, allowing them to experience truly restful sleep.
    The bolstered edge also acts as a headrest, offering additional orthopedic support.

    ReplyDelete
  11. Give your furry friend the gift of comfort with this super soft Vingtage Motorcycle Helmet "Getcosmetic" for dogs and cats.
    Our beds feature a round design, creating a cozy and protective atmosphere.
    Pets will feel surrounded by love and warmth, allowing them to experience truly restful sleep.
    The bolstered edge also acts as a headrest, offering additional orthopedic support.

    ReplyDelete
  12. People like coming to the United Arab Emirates for several reasons. When they plan a vacation, they make sure that they include Dubai or UAE. They include Abu Dhabi in their leaves because they know that these places are beautiful, and there they will have a brilliant time. If you are also planning to visit Abu Dhabi, then it is excellent. It may not be possible for you to see Abu Dhabi on short notice, but there is away. There are some beautiful places in Abu Dhabi, and seeing these places means seeing all of Abu Dhabi

    ReplyDelete
  13. This is my first time visit to your blog and I am very interested in the articles that you serve.

    ReplyDelete