Foreclosures Affecting Home Sales
The economic crisis is affecting everyone, particularly hard hit are people trying to sell their home and having to compete with foreclosed properties. 9th December, 2008
Latest Real Estate News
FDIC Plan: Mortgage Relief or Spending Measure?
The U.S. Government has relied primarily on volunteer efforts by lenders to stop the foreclosure bleeding among America’s mortgage holders.
25th November, 2008
A Silver Lining in the Mortgage Crisis
Negative equity is playing a critical role in the reduction of job mobility and emergency funds for homeowners. This phenomenon is estimated to effect more than 7 million homeowners.
9th November, 2008
Property Taxes? I Protest
The prevailing rules related to property taxes may actually find homeowners paying more in taxes in 2009 than they did in 2008.
27th October, 2008
Financial Crisis Scaring Potential Homeowners
Right now, the future of the stock market is uncertain, and even though it seems to bounce back some days, triple-digit losses occur again other days.
19th October, 2008
Mortgage Relief Offered to Many - More Help is Needed
If you’re one of the many Americans facing foreclosure, an announcement made by Bank of America this week could well allow you to stay in your home.
8th October, 2008
America's Housing Market – The Perfect Storm
CNNMoney.com recently reported that housing prices in America have fallen an average of 16.3% in the past year and 21% since mid 2006. The freefall may not be over.
2nd October, 2008
What’s Your House Worth Now? ...Tomorrow?
If you bought a house in the last five years you’re probably wondering how much your house is worth today. You’re also wondering if the situation will get any better soon.
27th September, 2008
Government Bailouts and Cautious Housing Optimism
It seems as if the US housing sector has had a strong bout with bad news since the sub prime debacle of 2007. Each month consumers and homebuilders are faced with mounting pressure.
19th September, 2008
Record Foreclosures as Mortgage Rates Fall
The Federal Home Loan Mortgage Corporation, better known as Freddie Mac, revealed on September 4th that mortgage rates had dropped for the third week in a row
9th September, 2008