North Dakota foreclosure

Not all Bad in Housing

Tue, 03/17/2009 - 11:25 — RealtyStore

Despite headlines of the souring real estate market, it's not all bad in housing these days as the Obama Administration tries to modify more mortgages and stabilize the nation's economy, according to a new report by Housing Predictor dot com.

The Obama administration has pledged to overhaul the nation's financial regulatory structure, and help some homeowners with foreclosure, which could aid the housing market. Whether pledges made by the Obama administration will translate into healing markets is up for debate as Congress and the new administration attempt to reach agreements on rescue plans for the economy.