Let’s start off the recap this time with some good news, that’s something we can all use in this market. This comes from the Miami Herald. New home foreclosures in south Florida have dropped by over fifty percent between May and June of this year and statewide the numbers are down [...]
Not only are homeowners feeling the crunch of the foreclosure market and the poor real estate market and over economy big business is feeling the crunch with foreclosure rates that are three times as high this year as they were last year. And about half of that increase has been in [...]
Vacant homes are a real blight on the skyline of the American neighborhood since the start of the current rash of foreclosures. It looks badly, attracts unsavory characters and actually brings down the price of real estate in the area because it can begin to quickly look like a ghetto when [...]
The New York Daily news aired the story on the 26th about Michael Jackson’s Neverland Ranch became too costly to keep up and after years of legal battles around the allegations of child sexual abuse Michael moved from his beloved ranch and never returned again. The house was to be auctioned [...]
News radio 106 in Philly fives us the story via the Internet of how the Sheriffs departments there are trying to help during this trying time for homeowners. They have teamed up with Chase bank to help slow the rate of foreclosures and to try and keep people in the homes that [...]
According to the Detroit Free Press in Detroit Michigan, home sale sin the area rose 12.6 percent over the same month last year. This is mainly attributed to the prices of home continuing to slide. This would tend to indicate that the bottom of the market, at least in this are, [...]
This story is evidence that the financial state of the country is touching people in all walks of life and of every economic status. The former wife of former NFL Star Bob Whitfield and the star of the Bravo Channel’s Real Housewives of Atlanta fell victim to the foreclosure due to [...]
The New York Daily News reported on a Mortgage ring that had been busted by the federal government. It reportedly a $10 million dollar scam that has left folks in both New York City and on famed Long Island facing eviction. Essentially the company would approach people facing foreclosure [...]
