Want to list your home here? Just upload a photo and caption directly to this article.
Here are four open houses in Andover on Sunday. Want to list your home here? Just upload a photo and caption directly to this article.
List your sold home here by uploading a photo directly to this article.
Here are five homes sold this week in Andover.
'If the U.S. defaults on its debts it is nearly certain that the housing market recovery will get a TKO.'
- OPINION
- Ken Roy
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Sunday, July 31, 2011
The financial market is gathered around the virtual ring watching as the housing market braces for another blow after rallying back onto its knees from the last knock-back. If the U.S. defaults on its debts it is nearly certain that the housing market recovery will get a TKO. Largely the housing market relies on investor and consumer confidence, if the US should lose the AAA debt rating, the financial fallout will be far reaching. At a minimum consumer interest rates will climb, but some experts feel that the value of mortgage- backed securities that are guaranteed by the federal government will plummet and lending will grind to a halt until it is clear which government obligations will be met and which will be set aside. In a statement …