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Walk Away Homeowners: Times Have Changed

By: Myles, February 11th, 2008

The American dream, of owing your own home and keeping it forever, has definitely changed. The sub-prime crisis has collided with changing societal mores into what looks like “the perfect storm.”
According to Inman News, and as reported on “60 Minutes” some homeowners have decided to walk away from their homes just because they have no […]

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Columbia Residential Lots Losing Value

By: Myles, December 27th, 2007

According to the Baltimore Sun, Columbia’s master developer plans to lower the estimated market value of its remaining, unsold residential lots in the Howard County community in response to the overall real estate slowdown that is affecting commercial properties as well.
General Growth Properties Inc. expects to write down by $77 million the market value of […]

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