The Federal Reserve released their latest report on Housing prices across the country. It reported homeowners have lost a combined $880 billion over the last 12 months.  But it's not as bad as it sounds, we'll tell you why.
We also answer a listener's question regarding Short Sales. We explain how they work and why you need patience if you're involved in one.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
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