Alesandra Maria Desouza |
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Homes for Sale News Archive 05-Dec-2008 Carmakers aren't the only ones who might benefit from a government assistance plan. There's a new one aimed at unlocking the frozen housing market by driving mortgage rates down to historic lows. Relatively mild weather and lack of snow meant November was a good month for home remodeling. The Internet has changed the way we buy and sell houses. Most listings of homes for sale can be found on the Internet. Realtor.com, the world's largest real estate database of homes for sale, carries information on more than 3 million listings Asking prices on unsold homes have dropped an average drop of £22,061 over the past week, a property website says. The government finally realizes that it has to address the problems in the housing market. Unfortunately, it seems officials are considering going at it the wrong way. Reducing mortgage rates to a historically low 4.5% may entice some home buyers out of the shadows, but it won't be enough to really spur housing sales, experts said. adsense code Back to Alesandra Desouza Back to Homes for Sale News Archives |
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