Good, bad, and ugly in housing market

    It is hard to find any silver lining in the U.S. residential housing market, but if you look hard enough, or read today's USA Today, you will find a glimmer of positive news.  Most states "continue to have stable home values," the paper quotes First American LoanPerformance, and a half dozen other states even showed a little growth over the last year.  That's the good that counters the bad -- that prices fell in 17 states year to year.

    The ugly, according to Zillow.com, one of our favorite sites for determining home prices across the U.S., is that 16% of those with a mortgage owe more than their homes are worth.

    I'll be reporting from Winston-Salem, NC, this week, as well as posting a review here later today or tomorrow about a course in Pennsylvania with what could be the toughest par 3 in America.

 

Like what you see?

Hit the buttons below to follow us, you won't regret it...