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Foreclosure freeze could prolong housing downturn for years

 
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news



Joined: 14 Jul 2007
Posts: 0
Location: Greater Boston

PostPosted: Mon Oct 11, 2010 2:12 pm GMT    Post subject: Foreclosure freeze could prolong housing downturn for years Reply with quote

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Description: Foreclosure freeze could prolong housing downturn for years
URL: http://www.google.com/hostednews/ap/article/ALeqM5hSo-n_iHQwgamtkLLoOCeGEp33aAD9 ...truncated...
Info/Broken?: http://www.bostonbubble.com/link_info.php?id=3210

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Renting in Mass



Joined: 26 Jun 2008
Posts: 381
Location: In a house I bought in December 2011

PostPosted: Mon Oct 11, 2010 2:24 pm GMT    Post subject: Reply with quote

Quote:
In the near term, the freezes could actually benefit both homeowners and the housing market. Homeowners would have time to live rent-free and chip away at their debt. Prices might stabilize because so many homes are penned up.


It's like the universe doesn't want me to buy a house...
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Bubblegum
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PostPosted: Mon Oct 11, 2010 5:35 pm GMT    Post subject: I hear ya Reply with quote

I hear ya Renting....it's one thing after another. I think I will have to move out of this damn state.
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