Metas
Naples Florida Real Estate News - 11/07/07
CREDIT SCORES - Troubles in the mortgage market appear to be spreading to credit card and auto loans, in what some analysts are calling a consumer credit “contagion.” Many big banks say they’re seeing a shift in consumer behavior, including more people unable to pay off their debts, which could hurt their credit scores and ability to get home loans.
APPRAISALS - In the wake of a lawsuit filed last week by New York’s attorney general against eAppraiselT, real estate appraisers are saying that pressure to inflate home values comes with the territory. According to a recent nationwide survey, 90 percent of 1,200 appraisers revealed they had felt “uncomfortable pressure” to adjust property values.
BUSINESS CYCLES - Real estate is a cyclical industry with clear ups and downs – but does it have to be that way? Many financial giants go with the flow and repeat mistakes, leading to substantial dips and peaks that some analysts say could, conceivably, be evened out.
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