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| Sponsored by Century 21 |
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| Is Mortgage Modification Right for You? |
| Many homeowners have benefited from a mortgage modification, but if you are considering one, make sure it fits your needs and pocketbook. |
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| Steady Builder Confidence in June |
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The NAHB/Wells Fargo Housing Market Index rose one point to 29 from a revised May level of 28, according to the latest reports. The index is at its highest point in five years, since May 2007. Of the three components, the current sales index increased two points to 32, the highest since April 2007 and the other two components remained level. Builders continue to compete against foreclosed properties and their downward pressure on prices. Credit for buyers and builders remains tight so some sales are cancelled because buyers’ failure to qualify and the inventory of new homes is very low because builders cannot obtain financing to replenish their sales. ...
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