Government’s Primary Purpose: Protect, Enable, Backup

Government’s Primary Purpose: Protect, Enable, Backup By James A. George, American Political System Analyst The Constitution provides the foundation for American government to help provide a good life for all,...

In This Foreclosure Market, No City is Safe

http://www.bankforeclosuressale.com/wp/article-06013705.html We’ve been covering the foreclosure market and the impact it has had on cities all over the country. Despite the seriousness of the situation, and the widespread effects we’ve noticed, a few cities have seemed...

Will the Housing Crisis Recover in 2011?

Even though the most serious housing crisis since the Depression has left one in five U.S homeowners owing considerably more than their houses are worth, economist Warren Buffett claims that the crisis will...

New York’s Commendable Steps to Tackle Foreclosure blight

New York City has donated acres and acres of public plots and now some areas already defy the bane of the housing crisis. There are other cities already following this model. "There are certain clusters of houses amidst the most foreclosure battered areas of New York City...

San Diego Home Foreclosures Slowed, but Defaults Surged

San Diego home foreclosures slowed in January this year, but more foreclosures are expected because of the high rate of default in the final quarter of 2009. About 10 percent of residents with mortgages in San...

Chicago Foreclosures Soar in 4th Quarter

During the final three months of 2009, more homeowners defaulted on their mortgages in Chicago since 2009 when the housing crisis began. " The year-end figures, scheduled to be released Thursday by the Woodstock...

Event to Find Homes for Abandoned Pets in No-Kill Animal Shelter

In an effort to provide homes for abandoned pets, a no-kill animal shelter located in Gilbert, Arizona decided to launch an event that focused on animal adoption. " It is a sad fact that as the housing crisis crew...

Housing Crisis—how can immigration help?

Immigrants can save the U.S. housing market. That was the underlying message of an op-ed piece by Gary Shilling and Richard Lefrak that ran in The Wall Street Journal on March 17, 2009.  The solution they propose is simple. If an immigrant family can come up with a...

Housing crisis puts families on the streets of L.A.

   The worsening economy has left many families in Los Angeles with no other option but to live on the streets.    There are an estimated 80,000 homeless people living in Los Angeles, according to a 2007...

Slums of the Future

President Obama will hit the road on Tuesday to sell his economic recovery plan to America. He will begin in a community called Lehigh Acres in Ft. Myers, Florida which has been dubbed “ground zero” of the...

New York City Launches Better Way to Restore Foreclosed Homes

New York City Mayor Michael Bloomberg announced he is going to spend the $24 million given by the U.S. Department of Housing and Urban Development to repair foreclosed homes and then resell them under a scheme that...

Obama Administration Expected to Address Foreclosure Crisis

The economic difficulty that the country has been experiencing is mainly attributed to the foreclosure crisis. Now that the country has a new president, the housing problem is expected to be among the first to be...

Bloodbath in California housing market

These are some very scary numbers.  If you want into the market in Northern California you can now pick up property at almost half what it was going for a year ago."Despite an increasingly uncertain economy,...

What would you do if you lost everything tomorrow?

The NY Times, freakanomics blog writes:"These are the economic times that try men’s souls, and women’s too. In the past few months, a lot of people have seen their net worth fall substantially, and I’m sure...

Mortgage Meltdown and Foreclosure Homes Generated by Unemployment

With this boiling economic crisis hurling across the country, the number of foreclosure homes have steadily risen for several months reaching a staggering 71% last September, instigated by an unemployment wave...

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