Forum on real estate commission rebate
The housing market has continued to worsen at a time when many had hoped it would turn around. The drop in home values has hit many markets in the country extremely hard. In fact, many homeowners in those areas now owe more on their mortgages than their homes are worth. Foreclosure rates have continued to increase, which has exacerbated the surplus of unsold homes on the market. The Obama administration introduced a housing aid plan that many hope will provide a boost to the real estate market and, in turn, the economy.