Post tagged with home value

  • We should have seen it coming

    November 05th, 200909:02 AM ET
    By Joseph Slife
    In a column for the Wall Street Journal, the always-insightful Jeremy Seigel, a professor of finance at the University of Pennsylvania's Wharton School (and author of Stocks for the Long Run), gets to the heart of what led to the financial meltdown. The key, he writes, can be found in data collected by Prof. Robert Shiller of Yale University. ...

  • Could your house soon be "underwater"?

    August 19th, 200910:07 AM ET
    By Joseph Slife
    "How high's the water, mama?" Johnny Cash sang in "Five Feet High and Rising." A report from real-estate tracking firm, Zillow.com offers an answer: it's getting higher. Zillow's second-quarter numbers, reported by Bloomberg, show that almost one-fourth of U.S. mortgage holders were "underwater" - i.e., the balance on their mortgage exceeded t...
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