The nationwide foreclosures have literally shoved the American people into a debt abyss. Irrespective of the reasons and circumstances, the financial crunch that has gripped the country has not spared the native or the immigrant, young or old, poor or the affluent. America\’s money lenders and brokers have acted the Pied Piper in leading millions [...]
By getting temporary freeze, Philadelphia has bared its fangs and is one up in the battle against foreclosures. The City Council allowed for enforcement of moratorium on house mortgages. The sales scheduled for April auctions were put off, said Curtis Jones, a city council person. He was one of the sponsors for the resolution and [...]
Foreclosures in the subprime market have nose-dived. The news media are choking with information. The sub-prime was set up to help the low-income group or those with bad credit history. But it is this group’s dream houses are crumbling like sand castles. But mortgage representatives as well as the Federal Reserve Bank have rushed in [...]
Downtown Riverhead is hoping to bring some of the bustle back to Main Street with a new culinary school.
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From Panama to Shanghai, buyers are paying top dollar for properties with pedigrees and developers are prioritizing careful renovations of historic buildings.
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Foreclosure statistics in the Baltimore area can be deceiving. While during the past four years the number of foreclosures in Baltimore has fallen by nearly 8%, the foreclosure market in Baltimore is still ripe. The percentage of foreclosures as compared with the number of homeowners in the city is nearly double in Baltimore what it [...]
