The foreclosure crisis has been characterized by a flood of foreclosure filings month after month, year after year. Millions of homes have been foreclosed on since 2006, and millions more are off-stage, waiting to enter the market and make even more real estate available for discounts and bargains for investors and
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Housing Market Crisis Celebrates Five Year Anniversary
You know the story by now: Housing prices started to rise in the 1980’s and, with the exception of a few down periods, continued to rise faster and faster through the 1990’s and early part of this century until June, 2006 – the date most experts agree the housing market crisis began in
Housing Market Debate Intensifies With Latest Home Sales Figures
We track several indicators here to give you a good idea of where the market is heading and how you can take advantage of the trends and patterns evident in the marketplace. Two of those indicators include new home sales figures and existing home sales figures. These give a good idea of the overall health of the housing market as a whole, and when combined with insight into foreclosures, can give you a good picture of what you can expect in the [...]
Two States Threaten Lawsuit If Foreclosure Settlement Falls Through
As we reported earlier this week, the foreclosure settlement over robosigning and other scandals is heating up. The federal government, state governments, and five major banks have been in discussions for months now regarding the banks and their role in the foreclosure crisis. Previous talks included the possibility of a hefty, multi-billion dollar fine, and a principal reduction or writedown plan involving current
An Update on the Bank Foreclosure Showdown with the Government
We’ve been following the ongoing struggle between the government and several major lenders over accusations (pretty well documented at this point) that major banks were engaging in shady and deceptive practices in processing foreclosures. As a result of these practices, many homeowners were wrongfully foreclosed on – hence the pending lawsuit from 50 state attorneys-general and the federal
Foreclosure Backlog Continues to Grow; Could Take Years to Clear
By now, anyone who has attempted to buy a home knows all about dealing with banks regarding real estate. In this day and age, following the housing collapse, buying a home is not as simple as it was before due to slower processing times and tighter requirements from
More Foreclosure Activity Across the Nation
The foreclosure market has had a lot of activity lately, but has largely subsided in many areas of the country with lower foreclosure rates slightly below what they were a year ago. Still, even as banks slow their processing of foreclosure applications and homeowners engage in loan modification programs that stop foreclosures temporarily, foreclosures continue to happen and even pick
Foreclosure Filings Take a Huge Plunge
The foreclosure crisis continues on for the fifth straight year, but for now at least, the number of foreclosures filed in this country by lenders dropped
Is Real Estate REALLY A Good Investment Today?
We’ve commented on numerous occasions here about how the real estate market is in the gutter and has been for several years now. But, what we also take care to point out is that the market is in the gutter for sellers who are faced with falling home prices on a monthly
Long-Awaited Major Indiana Construction Project (Almost) On Its Way
The real estate market is littered with the corpses of residential and commercial construction and development projects that were begun either before or just after the real estate crash in 2007 but never came to completion due to the economy. Most of these are still there, waiting for investors to come in and rescue them from the same kind of stalled, vacant life that you typically only see in North Korea
Regions Financial Corps Executives Undergo Questioning
The foreclosure crisis and housing market dilemma continues today as high-powered executives from Regions Financial Corporation are being actively investigated by internal audit committees in regards to bad loans and public disclosure rules during the financial



