Foreclosure Recap – Week #50
A great recap of the last week with one thing that is very popular in this time of the year, some analysis of the year, comparisons with last year's data and information about the market now in December. "What a difference a year can make. Things can be drastically different...
A human touch can help stem foreclosure tide
The foreclosure market still is very unstable. It's showing some signs of easing, but any wrong move and it can blow again. Let's hope it doesn't."There are some modestly hopeful signs that the mortgage crisis is easing. The number of foreclosures declined again in November,... More U.S. Banks Seized as Real Estate Foreclosures Continue Their
The list of seized banks continues to grow, and it's still to increase more. That doesn't seem to be a sign of recovery. The crisis still rages upon us. " The Federal Deposit Insurance Corp. (FDIC) seized three more U.S. banks last week, bringing the total to 133. A weak real...
Fresh Wave of Foreclosures Dash all Hopes of Recovery
The issue of unenployment needs to be addressed or the market will not revive. A new wave of foreclosures has dashed the hopes of economy recovery. The more affected states are Nevada, California and Arizona. " The US economy is in the throes of a deep recession. Unemployment...
Foreclosure Pace Has Increased in Affluent Towns
In affluent suburbs, as people lose jobs, the speed of foreclosures have increased. However, they have slowed down in some places. These are the same towns where the subprime crisis had ignited the crisis in the real estate industry. " The Woodstock Institute says that... Investment in different properties through Government foreclosure
At the time of real estate investments, Government foreclosures prove to be one of the most faithful options that are available easily. It is because of its extremely protected operation as well as highly reasonable major deals. The following laid down strategy will be...
Beware of Real Estate Investment Fraud
From The FBI Files ~ These are just two examples of numerous mortgage fraud schemes in 2008 alone. These in particular are disturbing because the brokers scammed the investors as well as the banks for millions...
Foreclosures to Stay, Slight Improvement in Real Estate in 2010
How will housing industry be in 2010? Will it be better? Nobody knows but now, The United States perhaps is going through one of the most critical phases."Unemployment is at its peak and people are faltering on mortgage payments. Hence, foreclosures have become common. The...
What does $1 Million Buy you in Today's Real Estate Market?
" In many parts of the country, it can certainly go a long way. In other areas, however, even with the unprecedented drop in home prices over the the past three years, a seven-figure price tag doesn't necessarily get you an ultra-luxurious apartment or big house in the...
Patience Needed for Housing Loan Program, Home Buyer Finds
In a housing market plagued by one of the highest foreclosure rates in the country, finding and buying a home would seem to be an easy hunt, especially if you're armed with federal funding assistance." The sheer mass of real estate available at a record-low price...
Banks are still delaying foreclosures in California
Banks are still delaying foreclosures in California.Though the number of NODs will probably be a record for 2009, it doesn’t mean much because the banks aren’t following through with the foreclosure. "The number of mortgage default notices filed against California...
Why Rent When You Can Buy?
In some metropolitan areas the price of rent is higher than buying a house. Take a look in some of these areas and invest your money buying the house of your dreams. "Home prices have dropped so much that the cost to own and maintain a house in many metros is only a bit more,...
Zombie Subdivisions: The Living Dead of the Real Estate Market
Zombie subdivisions are yet another knock-on effect of the global recession. Zombie subdivisions are housing developments that collapsed before they could be completed, leaving empty, incomplete homes to decay....
created by Jordan Yerman | 11 wks ago | updated 11 wks ago
281 views | 40 recommendations | 6 comments
281 views | 40 recommendations | 6 comments
