New Bailout May Top $1.5 Trillion Washington Post February 10, 2009 The gravity of the financial crisis confronting the Obama administration will come into stark focus today when officials unveil a three-pronged rescue program that may commit up to $1.5 trillion in public and private funds, and possibly...
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10 Feb 2009
Filed under: Filed under: Pre-Foreclosures, Real Estate Trends, Recession, housing slump, RealtyTrac, ForeclosureTrends, mortgage meltdown, Real Estate News, real estate, foreclosure statistics, foreclosure filings
The nation’s housing slump, crippled by falling prices and rising inventories of unsold homes, is the worst in a generation and still hasn’t run its full course, according to Harvard University’s annual housing report. Harvard University’s Joint Center for Housing Studies painted...