Buyer Strategies for Today’s Housing Market

Although experts are saying that buyers have the upper hand in the current housing market, you should still try to find ways to make the most of the opportunities being offered by properties such as foreclosure...

Fannie Mae And Freddie Mac Rescue Plan

Treasure secretary Henry Paulson announced yesterday that he will ask congress to help the mortgage giants Fannie Mae and Freddie Mac to get better deals on loans from the Federal Reserve as well as a support of $15...

Growing Threat Of Negative Equity

The falling house prices caused by the real estate foreclosure crisis have pushed thousands of US homeowners to negative equity. Negative equity is when a home owner owns a home that is worth less than the value of...

Foreclosure Or Short Sales?

With the real estate crisis home prices are down despite the low prices many homeowners are stucked with the possibility of foreclosure and many are now opting for short sales. Short sales seem to be the only...

New York announces new foreclosure Proposal

Yesterday, a new proposed legislation to deal with current New York foreclosure laws was agreed by Gov. David A. Paterson and leaders of New York Legislature. The proposed legislation will toughen its mortgage rules...

Senators Getting Better Loan Deals

As chairman of the senate banking committee Chris Dodd has been trying to crack down on companies accused at predatory mortgages at the center of the home foreclosures crisis, but Countrywide, one of the companies...

Congresswoman being sued for using her influence

James York, a Sacramento investor has filed a lawsuit against the Calif. congresswomen and her bank for using influence to force Washington Mutual Inc to back out the sale of the foreclosed home that York bought from...

Evander Holyfield Knocked Out By Foreclosure

Associate Press is reporting that Evander Holyfield, former heavyweight champion, is facing foreclosure on a $10 million property in Atlanta. The legal notice ran this week on local papers saying that the property...

Disturbing Trends Of Illinois Foreclosures

Heightened foreclosure activity in Illinois has been disturbing the residents of the state. From Chicago to Cook County to Kane County, the number of foreclosed homes has been increasing at a faster rate than...

Growth of crisis in the UK housing market

The UK has been hit by a similar housing crisis that it is affecting the US. Specialists have predicted that if the crisis is not stopped at the beginning it could be far worse than the US foreclosure crisis, as the...

Indian Real Estate Benefiting From US Crisis

The whole crisis in the US is giving hope to India. America is the number one outsourcer of India´s IT/ITeS business, and recent reports are showing that due to the cheap labour in India and the economy crisis that...

Indian Real Estate Benefiting From US Crisis

The whole crisis in the US is giving hope to India. America is the number one outsourcer of India´s IT/ITeS business, and recent reports are showing that due to the cheap labour in India and the economy crisis that has hit the US by the high oil prices and the foreclosures...

Auto sales affected by housing crisis and high oil prices.

The foreclosure crisis has affected thousands of homeowners, lenders, builders, as well as students who cannot qualify for student loans due to the high standards posed by mortgage companies. It seems that now its...

Health Risk By Abandoned Homes Rise With Crisis

As a result of the current real estate foreclosure crisis many lenders have repossessed more homes that they could afford, and as a result many homes are abandoned and vacant. The average rate of vacancy in the US is...

The future of home financing

The current real estate crisis in America is far from over and it is affecting thousands of lenders, neighborhoods, the building industry and especially home owners. But the effects of the crisis are even worse the...

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