Category: Economy

We've all heard that the housing bubble's pop led to thousands of foreclosures, but its interactive maps like this that really show how prevalent the problem was — and still is. Part of a project on 30 election issues, the …Read more  »

After nine consecutive months of appreciation, August was the first month where home values decreased by 0.1% to $152,100, according to Zillow. 2012 has seen a turnaround in the housing market with sustained appreciation that, at times, has been very …Read more  »

The Wall Street Journal and The New York Times both published articles in the past six weeks stating that the housing market has reached a bottom.  But hold on for just a minute... It seems that not everyone believes it. …Read more  »

Sales of Freddie Mac REO homes took a dip in 3Q11 compared to the first two quarters of the year as nonperforming loans surged consistently over the previous quarter. The number of repossessed homes plunged to 25,300, falling by 13.5% …Read more  »

According to a recent survey released by the Mortgage Bankers Association (MBA), the “latest delinquency numbers represent significant, across-the-board decreases in mortgage delinquency rates in the U.S.,” according to MBA’s chief economist, Jay Brinkmann[1]. In fact, total delinquencies (not including …Read more  »

Novice short sale and other real estate investors are often confused by the entire process; it's not your fault! Foreclosure has never been simple but with the current backlog and other pressures, it's become worse than ever. Here to help …Read more  »

Looking for big profits in short sales? An internet search for the phrase “investing in short sales” brings up tens of thousands of hits, many of which offer strategies and tricks to make a killing on the rising number of …Read more  »

While both the media and stock investors believe that housing has bottomed, they are unaware of the massive supply of homes that are already in the foreclosure process that will certainly drive home prices down even further when they are …Read more  »

Just when you thought foreclosure filings were stabilizing, they hit another all-time high with almost 938,000 homeowners filing in the third quarter, according to Realty Trac.  This is a 5% increase from the previous quarter. Six states account for 62% …Read more  »