Foreclosures affect on appraisals (Associated Press)

Foreclosures weigh on home appraisals It appears that in neighborhoods with high foreclosure rates, values for all homes are being pulled lower than in areas where there are few or none. By Alex Veiga The Associated Press LOS ANGELES — It wasn’t the first time that Katherine Scheri ruined a real-estate agent’s day with a… Read More

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Rental Housing: Its Day Returns

For Release Sunday, October 11, 2009 © 2009 Washington Post Writers Group Good-bye to the era of homeownership as the powerful, pervasive symbol of the American Dream. Who believes any longer that owning your own house is a sure ticket to building wealth and assuring yourself an easy retirement? So, welcome back to renting–the plain vanilla, easy-to-grasp idea that you pay methodically, month by month, for the roof over your head. Renting will never make you a fortune–but it won’

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