This last summer of 2009 saw the U.S. real estate industry breath a sigh of relief. There was actually some money available for buying houses. At least there was FHA money. In Colorado, that meant a government backed mortgage up to $417,000 was available to a homebuyer. In addition, the Obama Administration put a cherry on top of the FHA cake by including an $8,000 tax credit for 1st time homebuyers. Things weren't rocketing up in the Real Estate Market but it looked like the hemorrhaging had stopped.
Now we are finishing up the first year of the Age of Obama and unemployment continues to rise. What has happened to housing? Click Here to Read More
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