Archive for June, 2008

Foreigners Find Investment Opportunities in ForeclosuresJune 30th, 2008

Canada residents are packing up their bags and heading to states like Arizona to get a glimpse of the foreclosure properties being sold at a fraction of their market prices. Also, … More >>

Jazz Vocalist: Latest Foreclosure VictimJune 26th, 2008

The foreclosure crisis is certainly hitting the working class quite hard. It claimed another victim in the person of Ernestine Anderson, a 79 year old - jazz vocalist who sang with famous … More >>

Washington DC Foreclosures SoarJune 25th, 2008

As the nation strived to overcome the hurdles brought about by the mess in the housing sector, the foreclosure rate of Washington DC seem to be moving at warp speed. In fact a year to year … More >>

San Francisco Foreclosure fraud leads to PrisonJune 24th, 2008

All kinds of things are happening across the US as well as in San Francisco and the one situation to blame of worsening of conditions is San Francisco foreclosure homes. In the first … More >>

Bargain Hunters: Answer to Foreclosure CrisisJune 23rd, 2008

For many months now, the federal government has been exploring all sorts of solution in order to curb the enduring foreclosure crisis. Thus, it came as a surprise when home sale activity … More >>

Foreclosure Rescue Scams to Look Out ForJune 20th, 2008

Distressed homeowners already have enough on their plate without having to worry about falling victim to mortgage rescue scams. Sadly, the number of foreclosure scams reported in the last … More >>

Foreclosure Ravages Connecticut CitiesJune 18th, 2008

The rising tide of foreclosure is obviously still wreaking havoc in many cities across the nation. In Connecticut, the hardest hit by the housing crisis is Windham County, with foreclosure … More >>

Feds Charge Couple for $35M Foreclosure ScamJune 16th, 2008

Considered to be one of the biggest foreclosure scam in the history of Maryland, a couple was charged by federal authorities for masterminding a mortgage rescue operation, reportedly worth … More >>

Foreclosures Increase in Military Communities NationwideJune 12th, 2008

New statistics show that areas of the country near military bases or that house a significant population of military families are seeing very high rates of foreclosure. The Joint Economic … More >>

Los Angeles Witness a Price Fall in Luxury HomesJune 11th, 2008

First the Los Angeles real estate boom burst; then there was a rise in the number of Los Angeles foreclosure homes and now the luxury homes of up-market areas like Newport beach and Beverly … More >>