Why aren’t there more foreclosures given the defaults? Government intervention, surmises this post on the WSJ Deal Blog.
Claims of house price stabilization and a recovery in the near future are likely unjustifiably optimistic, suggests The Economist.
Multifamily vacancies in NW Arkansas are rising.
Mixed news on Arkansas Real Estate found on the Homes Arkansas Real Estate Blog, and a warning that the time is running to claim the first time homebuyers credit.
Mortgage rates at a three month low. Average 5.12% for a 30 year fixed for the week.
A trip to Battlefield Mall in Springfield, MO was an annual ritual of my youth in the weeks leading up to school starting. There’s been a lot of news about the demise of the enclosed mall, but perhaps the reports are premature.