Federal housing help drop in bucket
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The wages of depreciation: "Starting at $99,000" | Main | Builders hoarding cash for tough times »

November 12, 2008

Federal housing help drop in bucket

Not sure how much the latest government housing plan will help: "U.S. officials unveiled plans to speed up the modification of loans held by Fannie Mae and Freddie Mac. While the plan will undoubtedly help thousands stay in their homes, it’s unlikely to make a major dent in the problems in the housing market."

More here from the Wall Street Journal.

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(Un)Real Estate offers a peek at the housing market usually reserved for insiders. While it focuses on the Tampa Bay area, it won't neglect dipping into the rest of Florida and beyond. Its goal? Simple: To help you keep a roof over your head without losing your shirt.

Times business reporter James Thorner has covered the Tampa Bay area housing market since 1999 and writes a weekly column on the topic in the St. Petersburg Times. Having recently bought and sold a house here, Thorner has shown his insights are more than theory. He's got the burn marks to prove it.

E-mail James Thorner: jthorner@sptimes.com.

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