Monthly Archives: August 2007

July 2007 Home Sales Down

The National Association of Realtors announced today that the July 2007 Sales figures of existing United States homes fell in July for the fifth consecutive month, while prices continued to erode and the supply of single-family homes rose to a … Continue reading

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Dingell Suggest No Tax Deduction for 3000 Sq Feet

Today, August 27, 2007 from WASHINGTON, D.C. it was reported by the senior U.S. Congressman, Representative John Dingell, that he plans to introduce a new law that would deny Americans with homes larger than 3,000 square feet the current mortgage … Continue reading

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Wells Fargo Increasing Its Home Loans

Wells Fargo is based in San Francisco, California and this week August 26, 2007 they reported that the United States based banking guerilla posted second-quarter net income of $2.28 billion U.S. dollars, or 67 cents a share, up from $2.09 … Continue reading

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United States Banks Survive Mortgage Meltdown

United States Banks Reserves get a boost and lending terms and conditions tighten. The Arizona Republic reported today on its website today, in an article by Russ Wiles at Aug. 26, 2007, 12:00 AM, that according to his Arizona United … Continue reading

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United States Home Prices Falling 1 to 2% in 2007

The Reuters online press release shared from New York today, August 26, 2007 that building home forecasters expect the median price of United States homes to fall between 1 percent and 2 percent this year, 2007, in what would be … Continue reading

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