May 24, 2012

Housing Slump May Be Near Bottom

What does HOME EQUITY mean? My friend at bigger pockets says that the slump in real esate may be over.

By definition, news is –well–about new and sometimes unexpected things. Such is the case apparently with U.S. housing starts which surprised some experts by rising last month by an estimated 5.9%, according to a Commerce Department report.

Bob Willis,writing for Bloomberg and reported in the Detroit Free Press, says some believe “the housing slump may be nearing an end.” What is the Best Mortgages for You

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