Real Estate News You Can Use: Week of May 12
Thursday, May 14th, 2009There’s always so much going on in both our own community and around the web that sometimes even we don’t know where to start reading! As springtime settles into the San Juan region and we continue to help people with their home search in Ridgway, Montrose, Ouray and Telluride (our own “big” backyard!), we still keep our ear to the ground for news our clients might find interesting. The articles below not only gave us some insight but were concise explanations for questions we get from our clients every week.
House OKs Anti-Predatory Lending Bill – Marketwatch
Lending restrictions are moving further along the line of regulation in an effort to keep our current economic state from reappearing in the future.
Where U.S. Homeowners are Most in Debt – Forbes Real Estate News
Which ten metro areas have the most underwater mortgages?
Five Costs of Buying a Home You Didn’t Consider – MSNBC
While the time is definitely right for first-time home buyers, add these costs into the mix as you shop fo ryour new home.
What Are Bank Stress Tests? – Fox Business News
Great additional information for our readers as a follow-up to last week’s blog about the stress test results.