Every day there is a new article on the housing crisis and every day there's a new offered solution. Since everyone else is doing it, I figured it's time for me to throw my idea into the ring: My Idea: The U.S. Government should set up another Government Sponsored Enterprise (GSE) charged with providing liquidity and stability ...
More and more, I am hearing about appraisals that are coming back with notations from the appraiser that the property is in a "declining market."Unfortunately there is no set-in-stone definition for what is or is not a declining market. What's come up in my experience is either the pricing of comparables has fallen considerably or the ...