In comparison to the first quarter of 2010, the nation’s foreclosure rate is down 27% providing great news for those hoping for a real estate market recovery. This news indicates that recovery is occurring albeit
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Octomom Battles Foreclosure
The word “foreclosure” is not new to anyone in this country, especially after the last few years. To some foreclosure is synonymous with investment opportunities and to others the word means possibly losing their home. Over the last few years we have come to learn that nobody is immune to the possibility of foreclosure, including celebrities. The infamous Octomom is now facing a possible foreclosure of her
Ohios Boehner Refuses to Back Foreclosure Relief
Local and state governments across the country are doing their part to create legislation to assist homeowners facing foreclosure in an effort to help the housing market make progress toward recovery. The federal government has even sponsored some programs to keep families in their homes and out of foreclosure. The Idaho Housing and Finance Association is one example of the numerous organizations accepting applications for emergency loans to [...]
In This Foreclosure Market, No City is Safe
We’ve been covering the foreclosure market and the impact it has had on cities all over the country. Despite the seriousness of the situation, and the widespread effects we’ve noticed, a few cities have seemed to defy the trend and remain relatively
Florida’s Foreclosure ‘Rocket Docket’
We’ve discussed previously the massive backlog of foreclosure cases in the country today, with virtually every region in the country having to deal with thousands of foreclosures pending in the system. This backlog depresses prices and just eats up time and money – prolonging the inevitable for some and also making banks less likely to lend to other
Surplus of Foreclosed Homes Still Exists – Waiting for Buyers
It’s no surprise that the foreclosure market is still going on strong these days, with more foreclosures being added at an artificially-slower rate every month. This has created a surplus of foreclosed homes, which is good news for two different groups of people – investors and
What Do You Think? American Opinions About the Housing Market
Americans have an opinion on everything, from sports to celebrities to world events and everything in between. The housing market is no exception, and not surprisingly, Americans are not afraid to voice their optimism – or lack thereof – regarding the housing
National Association of Realtors Vow to Keep Fighting
As the struggle to reform and revive the real estate market continues, one major organization is gearing up for a fight to keep the housing crisis on the agenda of lawmakers all across the
Houston Real Estate Agents Sold Fewer Homes in March
Real estate agents in Houston, Texas, sold fewer residences during the month of March 2011 compared with one year ago. This marks the second consecutive month that sales of houses have dipped in the metro area. However, residential prices posted improved figures during the month compared with the same 2010
Problem of Cheap Land Foreclosure and Low-Priced Houses Eased in Tampa
Since the start of the real estate crisis, Tampa, Florida, has been ranked top among all U.S. areas in terms of number of cheap land foreclosure and biggest drops in residential property values. During the first quarter of the current year though, the metro area was knocked off its perch, giving the local market some cause to
Sales of Single Family Houses Dipped in Some Michigan Areas in March
Sales of single family houses in various areas of Michigan recorded a drop during the month of March 2011 compared with year-ago levels. Despite the decline in sales, local realtors believe that the housing sector is improving slowly, but steadily. According to them, figures were relatively good, given that last year's numbers were inflated by the tax credit program.




