One would usually think that the rate of foreclosures would increase with the worsening economy all across the country. However, there is one county in California called Sonoma that has shown a promising trend. From good signs such as this one, our nation can develop a greater sense of hope among today’s distraught citizens.
New York City is a tough and dirty city with areas that are both wealthy and poor. The wealthy mansions of Malba create a stark contrast with poverty stricken projects in Bronx and other boroughs.
The state of Baltimore’s housing market has definitely improved from before. Buyers and sellers can both benefit. More people are looking to buy houses while prices have increased and mortgage rates have gone down.
DeMarco, the head of the Federal Housing Finance Agency, has been accused of not doing enough to help the very large number of “underwater” borrowers. Many Washington politicians have argued for a new head of the FHFA. Obama has talked of considering the idea and plans are underway.