Category: Economy

Recession and Housing Market 2024: Will Prices Drop?

April 2nd, 2024
Recession and the Housing Market are two interconnected aspects of the economy that wield significant influence over each other. When the economy experiences a recession, it undergoes a period of decline in economic activity, characterized by reduced consumer spending, increased …Read more  »

Abandoned Houses for Free California: Can You Own Them?

March 31st, 2024
If you are looking for a cheap way to acquire real estate, you might be wondering if you can legally buy abandoned houses for free in California. The answer is not so simple, as there are many factors and laws …Read more  »

The Looming Threat of a Housing Market Crash in 2024

March 26th, 2024
The Looming Threat of a Housing Market Crash Fears of a housing market crash in 2024 are looming large, casting a shadow of uncertainty as mortgage interest rates hover near 8%. Wells Fargo, a prominent financial institution, has issued a …Read more  »

How To Invest in Real Estate During a Recession?

March 12th, 2024
What is a Recession in Real Estate? It can be scary to invest in anything during a recession. We all carry visions of the great depression and bread lines and people selling apples. The idea of putting your money into …Read more  »

Housing Foreclosure Rates and Statistics 2023

June 15th, 2023
In 2010, foreclosure rates peaked amid what became known as the "foreclosure crisis." The housing bubble, foreclosures, and mortgage-backed assets devalued due to subprime mortgage delinquencies. Since then, U.S. foreclosure rates have fallen. After the COVID-19 pandemic, thousands of individuals …Read more  »

California Counties Top The List In The US Foreclosure Statistics

May 13th, 2013
California Foreclosure Statistics With Inland Empire foreclosures at pre-recession lows, Riverside County's foreclosure rate dropped to No. 21 statewide in April. A total 1,403 mortgage default notices, auction sale notices and bank repossessions were recorded in April, meaning 1 in …Read more  »

Zombie Foreclosures

April 10th, 2013
Hundreds of thousands of homes in the US are now labeled as "zombie" foreclosures. That's when the owner of a foreclosed home leaves only to find out years later that he or she still legally owns the home and is …Read more  »

5 Reasons Real Estate Prices Have Been Rising

December 3rd, 2012
Home prices rose by 0.1% in September from the prior month and by 3.6% from one year ago, the largest gain in six years, according to a report released Monday by Lender Processing Services. Compared with one year ago, prices …Read more  »

65% of Housing Markets Worse Than Four Years Ago

October 22nd, 2012
Sixty-five percent of U.S. housing markets are worse off today than they were four years ago according to the California-based real estate research firm RealtyTrac. The results of the survey arrive the same day as the final presidential debate and …Read more  »
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