The iconic letters spelling out Hollywood on the hills overlooking Tinseltown will keep their pride of place thanks to the housing bust.
Categories: Economy, Interest Rates, Mortgage's, Refinance Tags: Bust, Hollywood, Hollywood Hills, Hollywood Sign, Place Thanks, Pride Of Place, Sign Letters, Spelling, Tinseltown
The home-equity line of credit fueled thousands of extreme kitchen makeovers during the real estate boom. But the housing bust and the credit crisis stopped the HELOC party with a vengeance: Tens of thousands of homeowners had their lines cut or frozen, and most lenders stopped issuing new ones altogether.
Categories: Economy, Interest Rates, Mortgage's, Refinance Tags: Bust, Credit Crisis, Equity Line Of Credit, Home Equity Line, Home Equity Line Of Credit, Kitchen Makeovers, lenders, Real Estate Boom, Tap, Tens Of Thousands, Vengeance
After three years of slumping house prices, the end of the real estate bust may finally be in sight. Home sales are rising, inventories are shrinking, and most economists believe values nationwide will hit bottom in the second half of the year -- but not before falling another 5% to 10% first.
Categories: Economy, Interest Rates, Mortgage's, Refinance Tags: Bust, Economists, Home Sales, House Prices, Inventories, money, Outlook, Real Estate, Second Half
If you're a beef-eating, beer-guzzling, pick-up driving resident of heartland America, there's a good chance you escaped the housing bust. But pesto-chomping, chardonnay-sipping, hybrid-driving city-slickers were probably out of luck.
Is the housing bust over?
