NBC News reported that one bright spot in the housing crisis actually favors first time homebuyers. Houses that were out of reach for a lot of people or people looking to buy in better neighborhoods for a long time found it unobtainable. The recent trouble in the real estate market has made it easier for [...]

South Florida cities are no longer willing to lie low – they are fighting foreclosures tooth and nail. As foreclosures leave behind a trail of vacant houses it is the taxpayer’s who are feeling the pinch of keeping the neighbourhood safe and clean. Deerfield Beach has sanctioned money for the maintenance of foreclosed units. The [...]

California and the Bay Area have been worst hit by the foreclosure crisis primarily because it was in this region that there had been frenetic housing activity in the form of sub-prime loans and mortgages. This had always been one of the highly priced zones and real estate had been ballooning for many years. Many [...]

Miami is one of the major cities in Florida, United States and is the County seat of Miami-Dade County. Miami, with an approximate population of 404,050, has earned the title of “World City” because of its importance as a recognized financial hub and a cultural center. Owing to its linguistic and cultural ties to the [...]