Real Estate Market Recovery Remains Uncertain

New Home Sales Fall

White House Value Drops Over $15 M

Everybody's property values are dropping…even the President's! Real estate website Zillow says the White House lost 5.1 % of its value over the last year. It's now worth $292 Million.>p>

Rosenberg we will see 15% drop in Home Prices

Gluskin's Rosenberg Discusses U.S. Economy, Housing

Jan. 15 (Bloomberg) -- David A. Rosenberg, chief economist and strategist at Gluskin Sheff & Associates Inc., talks with Bloomberg's Carol Massar about the U.S. economy and housing market. (This is an excerpt of the full interview. Source: Bloomberg)

2009 Record Year for Home Foreclosures 2010 will be worse

A company that keeps tabs on home foreclosure records reported Thursday that 2009 was a record year for home foreclosures. RealtyTrac said 2.8 million households received foreclosures notices last year and that figure could rise this year.

Tremendous Rally in Mortgage Securities

Jan. 14 (Bloomberg) -- Brian Lancaster, head of asset-backed securities strategy for RBS Securities Inc., talks with Bloomberg's Lori Rothman about the performance of mortgaged-backed securities. Lancaster also discusses investment strategy, the current activity compared to the market peak and federal industry regulations. (Source: Bloomberg)

Foreclosure Crisis Still Threat to Recovery Analyst says

Jan. 11 (Bloomberg) -- Susan Wachter, a real estate professor at the Wharton School at the University of Pennsylvania, talks with Bloomberg’s Lori Rothman about the potential impact of prime foreclosures on the U.S. economic recovery. Wachter also discusses the unemployment rate's effect on the housing market, and the implications of Federal Reserve monetary policy for banks and homeowners. (Source: Bloomberg)

20 Million Mortgages Underwater

23% of Homeowners owe more on their mortgages than the Properties are worth WSJ

About 588,000 Borrowers defaulted on mortgages in 2008 WSJ
25% of Mortgages are underwater nationwide , 45% in Florida
Democratic strategist Julian Epstein and Republican strategist Trent Duffy debate whether reducing the principal on troubled mortgages is fair.

Wyss Says Housing, Consumers Suggest `Sluggish' Recovery

Jan. 1 (Bloomberg) -- David Wyss, chief economist at Standard & Poor's, talks with Bloomberg's Betty Liu about the outlook for the U.S. recovery in 2010. Wyss also discusses the implications of Federal Reserve monetary policy, the potential impact of energy prices on consumers and the prospects for the housing market. (Source: Bloomberg)