According to the definitive barometer for real estate prices, the three year drop in housing prices slowed dramatically in the first two months of the second quarter. The evidence came in the form of The Case-Shiller Home Price Index, which tracks home prices across 20 major cities nationwide, when it reported that the decline in May, at 0.2%, was the lowest number in twenty four months with a handful of cities, including Denver, Washington, D.C., Chicago, Boston, Cleveland and Dallas, actually recording small gains.
Homeowner Warning: “Typically, the scam started with a flyer sent to the homeowner and many of these mailers look as if they may come from their lender or even the government. But, they are coming from scammers.” Or you get a phone call from a telemarketer offering a Government Program that will lower your mortgage amount, interest rate or both.