Home Woes to Continue for 4 Years

A report warned that people who bought homes at the peak of the market in 2007 face another four years at least before getting anywhere near positive equity.
At the moment, thousands are locked in negative equity which, coupled with a shortage of first-time buyers, is crippling the housing market.
The National Housing Federation projected, however, a [...]

Housing Market Slows as Buyers Get Picky

Before the economic recession, people simply tried to buy a house. Then they got squeamish just about shopping. Now they are on a quest for perfection at the perfect price.
Discerning home buyers are upending the battered real estate market, agents and other experts say, leading to last-minute demands for more concessions, bruised feelings on all [...]