Category: Economy
Recession and Housing Market 2024: Will Prices Drop?
August 25th, 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 »
How To Invest in Real Estate During a Recession?
July 29th, 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 »
Abandoned Houses for Free California: Can You Own Them?
July 28th, 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 »
New Jersey Stands Out With Highest Foreclosure Rate Last Month
June 17th, 2024
The American housing market seems to be experiencing a period of nuanced change. While foreclosure activity has seen a slight increase nationwide, a recent report by real estate data provider ATTOM indicates a decline in completed foreclosures. This suggests a …Read more »
Nearly 100,000 U.S. Properties Faced Foreclosure Filings in Q1 2024
May 13th, 2024
The U.S. housing market continues to present a complex picture, with recent data from ATTOM, a leading real estate data provider, revealing a slight uptick in foreclosure activity in the first quarter of 2024. While the numbers suggest a market …Read more »
2024 Housing Market Crash: Is History Repeating Itself?
May 11th, 2024
The specter of a housing market crash in 2024 hangs heavy in the air, shrouding the industry in a cloak of uncertainty. Mortgage interest rates hovering near 8% have become a cause for alarm, echoing concerns not heard since the …Read more »
Foreclosure Rates on the Rise Again: 3% Increase in Q1 2024
May 7th, 2024
As the housing market continues its journey through the twists and turns of economic shifts, the latest data from ATTOM paints a picture of foreclosure activity in the United States. The Q1 2024 U.S. Foreclosure Market Report, freshly released, reveals …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 »