Real Estate Auctions - The New Black?
Foreclosures and short sales have been the real estate buzz of the week for the last several months – I’d think it’s about time we finally heard something new. Come another new trend indicative of the nation’s economy that’s taken on a new light in recent weeks – I introduce to you real estate [...]
Continue reading...24. August 2008
Las Vegas Real Estate Foreclosures
There was a great post that I read this morning on Real Estate Monthly that Las Vegas foreclosure filings last month were at a rate of 1 out of every 35 homes. That has placed Nevada as the number one foreclosure state in the country for the second quarter of this year. Las Vegas Currently ranks [...]
Continue reading...24. August 2008
Bay Area home sales climb above last year; median price falls hard
Bay Area home sales eked out their first year-over- year gain since early 2005 last month as buyers responded to price cuts and snapped up more inland foreclosures. The median sales price dove to a 53- month low, a real estate information service reported. Share and Enjoy:
Continue reading...21. August 2008
O.C. homebuying slump ends after 33 months
Fueled by falling home prices, buyers got moving in July and pushed sales up 17 percent over last year, ending a 33-month homebuying slump. DataQuick reported that last month’s sales jumped to 2,799 houses, condos and new residences, topping the July 2007 number by 408 units. The last time O.C. home sales exceeded the year-ago pace [...]
Continue reading...20. August 2008
Southland home sales post annual gain — prices drop again
The number of Southern California homes sold last month edged up to its highest level in more than a year as bargain hunters swept up foreclosure properties in affordable neighborhoods, a real estate information service reported. Share and Enjoy:
Continue reading...20. August 2008
Foreclosures smack home prices - down 29.3%
Cut-rate foreclosed homes being unloaded by banks wreaked havoc on the Bay Area’s median price in July, sending it down nearly 30 percent to a level not seen in more than four years. Share and Enjoy:
Continue reading...17. August 2008
New law helps renters forced out by foreclosure - Army Times
The Pentagon will now pay to move the household goods of military members who are being displaced because their landlord is facing foreclosure. The new provision became law July 30 and comes just in time for one family. Share and Enjoy:
Continue reading...16. August 2008
Donald Trump to Bail Ed McMahon Out of Mortgage Mess
While the federal government was busy restructuring failed banks and bailing other struggling lenders out of their mortgage messes Friday, real estate mogul and reality TV star Donald Trump announced his plan to keep famous talk show sidekick Ed McMahon from losing his multimillion-dollar home to foreclosure. “There are discussions, but it is not a done [...]
Continue reading...15. August 2008
Lowering Your Cost of Living- Getting Back to Basics
The cost of living keeps going up, the size of our disposable income keeps going down, and the size of our paycheck never seems to grow by any more than a couple of dollars.Once Uncle Sam gets his cut of our paycheck by taking out his share (taxes), we pay the monthly rent or mortgage, [...]
Continue reading...14. August 2008
Prince George County still leads state in foreclosures
Prince George’s County continues to top the state in foreclosures and late mortgage payments, according to a report released last week. In a study tracking mortgage defaults in Maryland from March to June, Prince George’s accounted for 32 percent of the 8,929 foreclosure-related events in Maryland. Montgomery County was second worst in the state with 1,314, [...]
Continue reading...25. August 2008
What is the Multiple Listing Service
The Multiple Listing Service MLS stands for Multiple Listing Service. Basically, the MLS is a big property warehouse - sort of like a “home depot.” When property is available for sale, it goes in the warehouse. When it is sold, it gets taken out of the warehouse. Share and Enjoy:
Continue reading...18. August 2008
Neighbors deal with aftermath of foreclosures - Dayton Daily News
Every day, free advertising leaflets are dropped off on the driveway of the vacant house next to Bob Johnson’s home. And every week, the Harrison Twp. man goes next door to pick up the paper piles. Share and Enjoy:
Continue reading...16. August 2008
Staving Off The Next Wave Of Foreclosures - WashingtonPost
The growing problem of home foreclosures in the Washington region and specifically in Montgomery County has affected an already uncertain economic situation and caused suffering for families who have seen their piece of the American dream slip between their fingers. Share and Enjoy:
Continue reading...12. August 2008
Four tips for buying foreclosures
Foreclosed houses are everywhere you turn in this market. But while their sticker prices are low, buying one can be a risky endeavor. This is mainly because you won’t have the same protections as you would for a conventional house. From Consumer Reports magazine, here are four ways you can protect yourself if you’re in [...]
Continue reading...11. August 2008
Bill would ease foreclosure mess
When a Delaware home is lost through foreclosure, it is not just one family’s private tragedy - it weakens our neighborhoods and our communities, too. With more than 4,000 Delaware properties in foreclosure, our state is now part of a national housing crisis that threatens the foundations of our economy. Because those homes are the [...]
Continue reading...11. August 2008
New Housing Law Addresses Foreclosures, but More Help is Needed
In response to increased pressure to address the housing crisis, Congress recently passed the Housing and Economic Recovery Act of 2008, which President Bush signed into law on July 30. Among other things, the new law will create a trust fund to help provide affordable housing in high-cost areas, establish a national licensing and registration system [...]
Continue reading...11. August 2008
Ohio fights foreclosures
Ohio has given an additional $1 million to a group of nonprofit organizations that have been able to keep more than 500 families in their homes by providing no-interest loans. The 11 nonprofit groups around the state have targeted low-income and middle class families with loans up to $5,000 as the country’s mortgage foreclosure crisis has [...]
Continue reading...11. August 2008
ForeclosureS.com: Pre-foreclosure Filings Set Record in July
Pre-foreclosures hit record highs in July 2008 both nationally and in 14 states and the District of Columbia according to new figures from ForeclosureS.com (www.foreclosures.com) California-based foreclosure information specialists. “So far this year, more than [...]
Continue reading...10. August 2008
Foreclosures in Pueblo show decline
Foreclosure filings dropped slightly in Pueblo County for the second quarter of the year, but some of the decline could be due to a change in the foreclosure process. A state law changed the schedule under which homes are foreclosed and sold, giving property owners longer to stop foreclosure but also ending their ability to redeem [...]
Continue reading...10. August 2008
Big investors swoop down on foreclosures
Burl East is looking for a good deal on a foreclosed house. Make that a good deal on 1,500 foreclosed houses. East, a managing principal of Silver Portal Capital Llc., a small real estate investment bank, is raising $150 million to buy foreclosed houses in and around the firm’s hometown of San Diego. He is scouring [...]
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- Four tips for buying foreclosures
- The legislation - likely to be enacted soon - devotes $300 billion
- Foreclosures continue to climb in Massachusetts
- Homework For The Home Buyer
- Bill would ease foreclosure mess
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- ForecloseAlert Survey Chance to Win an iPhone 3G (85)
- Foreclosures continue to climb in Massachusetts (4)
- Real Estate Auctions - The New Black? (4)
- Real Estate Bubble Burst—No End in Sight (3)
- Can I Avoid a Foreclosure? (3)
- Los Angeles Times Real Estate Print Newspaper Says Goodbye (3)
- Area foreclosures on record pace (2)
- Foreclosures in the Portland area and central Oregon top 2002's dot-com drop (2)
- Avoiding Mortgage Fraud (2)
- How Do I Decide Which Foreclosure, Pre-foreclosure, or REO Property to Buy (2)
- Real Estate Auctions - The New Black?
- Las Vegas Real Estate Foreclosures
- Bay Area home sales climb above last year; median price falls hard
- O.C. homebuying slump ends after 33 months
- Southland home sales post annual gain — prices drop again
- Foreclosures smack home prices - down 29.3%
- New law helps renters forced out by foreclosure - Army Times
- Donald Trump to Bail Ed McMahon Out of Mortgage Mess
- Lowering Your Cost of Living- Getting Back to Basics
- Prince George County still leads state in foreclosures
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26. August 2008
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