The Federal Reserve has purchased $600 billion in Treasury bonds. This was envisaged to give a shot in the arm to the flagging economy. The market belongs to the investor. There has been a national trend of home prices nose-diving. Yet in a few New England states, home prices have increased.

The Tennessee foreclosures epidemic is still on the rise in some areas. However there has been a significant change in the last month of December 2010 and January 2011. The state of Tennessee has seen a decrease in foreclosures by anywhere between 2%-16% in the last two months of December and January. Tennessee’s economy is [...]

From December 2010 to January 2011, the state of Mississippi continued to drag its feet when it came to dealing with the state’s sluggish economy. From state officials to the locals sitting in coffee shops as well as the word on the street, people felt good about saying the worst was over. However, they feared [...]

High unemployment rates, very little need for loans, a large number of business closings and the demand for new construction projects all but non-existent, has left the number of Montana foreclosures at a high as December 2010 came to a close and January 2011 was ushered in. The state has seen a ripple effect hinder its economy over the last month and a half.

If individuals were more financially sophisticated perhaps the financial crisis would not have been so severe. To this end Champlain College has started special courses focusing in training undergraduates relating to practical fields like credit scores. They are “foot soldiers” spreading message to their peers

For the third running year Nevada is ranking first as regards foreclosure rate. A group of experts have got together to address the problem. The focus is on making short sales easier and seeing to implementation of law mandating lenders to talk to borrowers prior to foreclosing.

Alabama foreclosures did rise in numbers in 2010 over the prior year of 2009.  For the state, foreclosure filings totaled 19,896 properties.  The number represents almost one percent of the total housing units in the state.  The foreclosure ratio of 1/107 is twice the average of the foreclosure ration for the entire United States.  It [...]

Bucks County Playhouse in New Hope, Philadelphia is being bought back from the bank thanks to the efforts of theatre enthusiasts and the locals who has formed a non-profit group, Bucks County Playhouse Conservancy to continue with the tradition of holding plays that has been running since seven decades.