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Existing-Home Sales Show Strong Gain In December

RISMEDIA, January 27, 2009-Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors®. Existing-home sales-including single-family, townhomes, condominiums and...

The Housing and Economic Crisis Includes Small Business Owners

Commentary by Samuel D. Bornstein RISMEDIA, January 27, 2009-From 2002 to 2007, it was estimated that 80% of homeowners refinanced their homes. Booming home values and weak or non-existent mortgage underwriting standards provided the “perfect storm” where...
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