The Federal Reserve Chairman said last last week that underwater homes and depressed pricing are an issue; renting or restructuring existing mortgages might help. The comments came at the National Association of Homebuilders convention in Orlando. Associated Press via Sun-Times. Related: Foreclosure settlement a good first step, The State Journal-Register.
Tips of the day
Staging essential for slow housing market. Arlington Heights Daily Herald.
Email marketing expertise: Tips on how to do it effectively from Chicago Agent.