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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... Milwaukee Home Foreclosures Way Up
According to new reports, foreclosures in Milwaukee County, the most populated in Wisconsin, are up over 45% since the beginning of the year, with an 18% increase in foreclosure homes occurring in May alone. Things...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...Massachusetts Sees Home Sales Increase in April
With home prices at historic lows all across the country and the federal interest rate extremely low, economists and government officials are hoping that sooner or later people will start to take advantage and buy... 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...New mortgage bailout plan
A plan approved by the Senate Committee yesterday would rescue up to 500,000 borrowers likely to face foreclosures. The idea is to use the profits from the government mortgage giants Fannie Mae and Freddie Mac,...Lowe’s And Home Depot Hit By Crisis
It was predicted that Home Depot (HD) and Lowe´s (LOW) would get hammered by the housing crisis. But not as hard as they thought. With the rising oil, rising food prices and the real estate foreclosure crisis,...Foreclosure Crisis Hits The U.K
The UK’s Ministry of Justice made an alarming statement on the repossession claims in Britain. According to the statement the U.K home repossession claims by lenders increased 16 percent from a year ago and is the...Iowa investor banned from making business
John Davis, a Des Moises real estate investor has been banned from making real estate businesses in Iowa. The Polk Country District Court banned Davis from selling, renting, lease or invest on the states real estate...North Texas Foreclosure Rate Slows Slightly
After a big first quarter, the foreclosure rate in the North Texas area slowed a bit, but it is still rising, and officials are predicting that this trend will not last as the year progresses. In terms of scheduled foreclosure sales for June, the foreclosure rate only...Barack Obama talks about the housing crisis
The Senator Barack Obama, Democratic presidential runner said on Tuesday that the real estate foreclosure crisis is similar to the Great Depression that occurred in the late 20s. He pointed that the housing crisis is far from going into the direction of the Depression, but...Barack Obama talks about the housing crisis
The Senator Barack Obama, Democratic presidential runner said on Tuesday that the real estate foreclosure crisis is similar to the Great Depression that occurred in the late 20s. He pointed that the housing crisis is far from going into the direction of the Depression, but...Donald Trump sees opportunities in the real estate crisis
Despite the terrible recession that America is currently facing with the real estate crisis, Donald Trump, the CEO of the Trump Organization says that the housing market is going to get better fairly quickly and that...
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