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Tagged "Federal Government"

Piedmont Real Estate Blog

Blog by Julie Emery

Amissville, Virginia

An ongoing dialog on real estate news, opinion and trends in Northern Virginia and the greater Piedmont area. Julie is an Associate Broker at Century 21 New Millennium, 5451 Old Alexandria Turnpike, Warrenton, VA 20187

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Piedmont Real Estate Blog

Foreclosure Reality

Apr. 29, 2008

Categorized in: Mortgages

Tagged with: april real estate statistics, federal government, foreclosures, hope now

The Federal Government, through the Hope Now initiative, has been painting a surprisingly rosy picture of the number of homeowners they've helped.

The real numbers show a lot less reason for optimism.

Unless someone figures out a way to keep people in their homes and stop the downward spiral of prices, we've got a ways to go in this downturn.

The preliminary numbers I've looked at for April confirm that things are not looking up. More on that next week.

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