A new study came out recently that said many people are still interested in buying and owning a home, even with all the mess that’s been the housing market over the past few years. Of course, there are a lot of great deals in many states so it makes buying attractive. Still, one has to [...]

Foreclosures have changed the housing industry more than anyone can imagine. They’re the fault of banks; my opinion. They’ve also ended up hurting a lot of banks, and that story is told over and over by the number of banks that have closed because of it. But the overall housing industry is reeling. Here’s the [...]

If ever there was an obvious headline, the one above is it. The housing industry is in trouble, and it doesn’t look like there’s going to be a fix any time soon. So what’s going on? We’ll start with the news that existing home sales are at their lowest level in 15 years, down 27% [...]

Goodness, what a tough time to live in Los Angeles. A report that came out by Zillow.com said that the value of homes in Los Angeles went down by a total of $60.8 billion in in the first 11 months of 2009. That’s the highest figure in the country, but still less than last year’s [...]