Home owners have to cut their asking price to sell their properties.

House sales in October saw a sharp jump due to house sellers realising that they had to significantly lower their asking prices if they wanted to sell their homes and not linger for a long time on the housing market. Even house prices in London wer

Is America drowning in a sea negative equity?

More than 14 million homeowners in America now owe more on their mortgages than what their houses are actually worth. Although house prices have actually risen in the third quarter experts are saying that the broader economy can still shock property