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Abodeblog

Abodeblog

http://www.abodeblog.com/

Abodeblog is a house weblog dedicated to everything related to housing, real
estate, and new housing products. We find the most important housing news
from the web each day and summarize them for you. We also provide a forum
where you can comment on the news with others.

subscribe Recent Posts

  • Bush subprime plan helps 1.2M

    Posted on Friday February 15th, 2008 at 13:56 in foreclosure

    The Bush administration foreclosure relief plan could help 1.2 million distressed homeowners. (Go To Article: cnn.com)...

  • Subprime borrowers are still going to pay more

    Posted on Friday February 15th, 2008 at 13:52 in mortgage

    Subprime borrowers may get lower rates but they were paying more before and will still pay more than prime borrowers. (Go To Article: cnn.com)...

  • Foreclosures cause taxes to drop

    Posted on Friday February 15th, 2008 at 13:30 in foreclosure, property tax

    Foreclosures cause taxes drop in several ways. When home values decline property goes down. When leaders abandon properties property taxes stop. When sales drop state transfer fees and deed and mortgage registration taxes drop. (Go To Article: cnn....

  • Foreclosures hurt other homeowners

    Posted on Friday February 15th, 2008 at 13:21 in foreclosure

    Foreclosures hurt other homeowners by causing home values to fall and an increase in crime. (Go To Article: cnn.com)...

  • Booming real estate markets

    Posted on Thursday January 24th, 2008 at 19:03 in housing boom

    Wenatchee, Washington - Retirees buying up houses., 23.5% Salt Lake City - Booming tech industry., 16.0% Grand Junction, Colorado - Booming energy industry., 14.3% Seattle - Technology revival., 9.9% Wilmington, N.C. - Fast growing population., 9.1% ...

  • The Stutzmans foreclosure rescue

    Posted on Monday January 21st, 2008 at 12:27 in foreclosure

    The Stutzman bought a home for $119,000 in April, 2006. They had a $97,000 adjustable rate mortgage (ARM) at 8.75% and a second mortgage for $24,290 at 12.875% with payments about $1,250. Due to health problems requiring an unpaid leave they fell beh...

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