During July-August 2011, the prices for New Jersey foreclosures were decreasing statewide, while the prices for existing single-family homes were slightly higher resulting in flat prices for the market as a whole. On the employment front, the state gained a net of 1800 jobs, with 3900 private sector jobs added. The New Jersey unemployment rate [...]

Ohio is believed to be one of the states that have been hit hardest by the recent economic crisis. Lawmakers are scrambling to promote policies that foster an environment that will lead to job creation and possibly lower unemployment. Ohio foreclosures continue to be a low cost investment opportunity for those in the real estate [...]

The state of Missouri offers wide-open spaces and excellent investment opportunities in Missouri foreclosures. Currently, the state boasts $230 billion worth of revenue per year, and posted a growth rate of 2.6%, even in these difficult economic times. Missouri ranks as the 22nd largest economy in the United States. Manufacturing leads most of the sectors [...]

The Obama government having failed in giving relief to a sizeable number of homeowners through HAMP is now shifting its focus from keeping troubled owners in their houses to inviting investors to rent or sell out the properties. The government agencies are weighted down with innumerable foreclosed units. The move is not without critics.

Alabama foreclosures represents a smaller portion of the real estate market than in many surrounding states, like Florida and Georgia. Throughout the state of Alabama, there are only 14,000 foreclosed homes on the market with an average listed price of $114,000. The economy of the state still has a large agricultural base. There has been [...]

Texas foreclosures have been less of an overhang on the real estate market than many other states. Although Texas has the second largest population in the U.S., it has only the eighth largest pool of homes that are in the foreclosure process or already owned by the lender (REO property). Currently, there are about 75,000 [...]

The wave of new Georgia foreclosures has dealt a substantial blow to this state. It is second in the southeastern U.S. only to the numbers in Florida. With over 78,000 homes currently in a state of foreclosure, there is a wide variety of homes for potential homebuyers to consider. The underlying problems in Georgia relates, [...]

Despite the exposure of robo-signing last fall and the following investigations by federal and state agencies and talks of settlement the banks are continuing to play the game of en masse signing of fraudulent documents at an epidemic scale. The registers of deeds of many counties believe they have to receive defective documents pertaining to foreclosure.