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Home prices spiral into deepening abyss (WDAM-TV Hattiesburg)

The housing crisis is entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% in April from a year earlier.

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Better Think Twice (WallStreet Journal via Yahoo! Finance)

When you fall on financial hard times, the urge to turn to retirement assets as a source of cash is strong. Here are some critical nest-egg mistakes to avoid as the economy weakens.

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Find the Best Deal on Refinancing Your Home (Carteret County News-Times)

(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?

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As Economy Struggles, Debt Consolidation Helps Thousands (Richfield Reaper)

(ARA) - Everywhere you look you see news about the "credit crunch" and the mortgage foreclosure crisis and, if you're like most Americans, you're feeling the pinch too.

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Watch List (June 29-July 5): Getting Out (CoStar Group)

In this week’s issue: Dan Gamel getting out of RV business; Post Properties mulling asset sales; Sam Zell mulling building sales in Chicago, LA; CIT Group getting out of residential funding; TierOne sells Florida loan portfolio; 1031 Trustee can...

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