Foreclosure – Nationwide Unemployment Rate Driving Foreclosed New Homes
The worsening level of joblessness across the country is driving the rise in number of foreclosed new homes. In June, the nationwide unemployment was 9.5 percent, and with the current economic difficulties, analysts are expecting the jobless rate to surpass the 10-percent level in 2010. In a nationwide study of foreclosure … short sale foreclosure
Home affordability remains unprecedented in the Greater Cincinnati area and in Northern Kentucky because of continued declines in foreclosure home prices and other pre-owned home prices, according to real estate analysts in Cincinnati. In Cincinnati, the median home sales price dropped to $130,000 in May, a drop of more than 7 … short sale foreclosure
Tags: a, Cincinnati Area, d, Declines, Economic Difficulties, Foreclosed Homes, Foreclosure, Greater Cincinnati, h, Home Affordability, Home Sales Price, Jobless Rate, Joblessness, Nationwide Homes, New Homes, Northern Kentucky, Real Estate, Short Sale, Unemployment Rate, what is driving the unemplyment rate
