How the government shutdown impacts real estate

A number of government run programs important to the real estate sector are likely to be affected by the government shutdown that began last weekend following the failure of lawmakers to pass short-term budget legislation. RealtorMag reports that the National Association of Realtors is working closely with officials at Congress and in the White House

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Manufactured homes: The answer to America’s affordable housing shortage?

Manufactured homes seems to be getting serious consideration as a solution to the U.S.’s growing affordable housing shortage, if recent news reports are anything to go by.

A Peek Inside The Real American Economy – Trickle Down And Trickle Up Economics

In all of the media wrangling over the fiscal cliff, the tax increases, phony spending cuts, “trickle down economics” and all the rest, I think the media and the federal government have lost all sense of the realities of day to day life for the typical small business owner.

Fiscal Cliff “Deal” Highly Unlikely, Grab Your Parachute, Get Ready To Jump

The idea that President Obama and House Speaker John Boehner are going to come to some sort of legitimate “compromise” to avoid the so called “fiscal cliff” is akin to expecting the NFC and AFC winners to come to a negotiated agreement over which team will be the winner of the superbowl.

Ending The Crisis: Foreclosures Condemn All The Properties

The basic idea is to keep people in their homes but use the government power of eminent domain to condemn the properties. Once the properties are condemned

The Real Reason Why Home Prices Have Fallen And Can’t Get Up

There are a litany of factors that have aggravated the housing crisis since it’s early beginnings in 2006 – 2007. Among the many issues cited for the ongoing crisis are the high rates of foreclosure, the resulting excess of vacant properties on the market, and the impact this has had by lowering appraised values. While all of these have definitely aggravated the problem, the data indicate that these are more the results than the fundamental cause of the housing crisis.

Cities Expect More Budget Cuts as Home Values Continue to Fall

The writing has been on the wall for years, but the moment when cities will have to make serious cuts to deal with falling housing prices may come in 2012. Part of the real estate market collapse that rarely gets attention is the effect it has on property taxes. Cities use those taxes to pay

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Will Property Tax Increases Stifle Housing Further?

A growing number of county governments across the U.S. are planning property tax increases in 2011, or have already approved increases, despite the continuing problems with falling home values and high foreclosure rates. According to the latest numbers from the National Association of Realtors, metro Atlanta, GA has seen a 14.7% decline in average selling prices

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