Locals say N.H. housing market healthy - 2004-01-12 Economists and housing developers say the state's housing market is healthy, despite a national study indicating home prices in New England and nationally are inflated and likely to crash.
What worries him is that Americans have higher mortgage balances in relation to the value of their homes than in the past, and many have variable interest rates. If home prices fall, those who have high balances could end up owing more than their homes are worth. Read the full story at Boston Globe
In conjunction with the release of its fourth quarter financial results, American Home would like to invite members of the public to listen to the live conference call on Thursday, January 29, 2004 at 10:30 a.m. ET. Read the full story at PR Newswire via Yahoo!