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...

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...

1.4 Million Bankruptcy Claims expected in 2008

Another sign of the bad economic times: The American Bankruptcy institute said that the number of Bankruptcy files this year could reach 1.4 million. What is worst is that most of the people are filing a chapter 7...

Lobbying affecting resolution of real estate crisis.

America is facing one of the biggest real estate foreclosure crisis ever and some have even compared the crisis to the great recession. The auto industry, builders, homeowners, lenders and students got hit by the...

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...

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,...

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...

Clinton Says that McCain's economy policy plan is simply out of touch.

Sen. Hillary Clinton attacked the future Republican nominee Sen. John McCain, on his foreclosure crisis plan and economic policy. According to Sen. Clinton, MCCain´s economic plan policy boiled down to this:...

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...

Fed’s Says That The Foreclosure Crisis Needs Non-Traditional Remedies

Governor Randall Kroszner said today, that a non-traditional approach is needed to help the real estate foreclosure crisis and the financial problems led by the recession. The Governor spoke about the current crisis...

Celebrities making multi million dollar deals on real estate despite crisis

Media has recently reported some multimillion dollar real estate deals made by stars in New York City. The celebs list is quite extensive and includes Madonna, Scarlett, Bono, Sting, Jennifer Connelly, Jon Bon Jovi...

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