The Krile Files

Bad News

November 29, 2007 · Leave a Comment

Foreclosures. WAY higher.

US Foreclosure Filings Up 94% in October

U.S. foreclosure filings nearly doubled in October from the same month last year, the latest sign many homeowners are falling behind on mortgage payments and increasingly losing their homes, according to a mortgage research company. A total of [...]

Going right in lockstep are housing prices…

New Home Prices: Worst Drop In 37 Years

The biggest plunge in new home prices in 37 years was not enough to revive October sales, according to the government’s latest reading on the battered housing and home building markets. The estimate for sales pace in October was well short of [...]

Categories: Economy · Housing Market
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