Archive for October, 2008
Home Sales Activity in California Soar 65%October 29th, 2008
Last September, home sales activity in California jumped by 65 percent as median home price drop by 34 percent from last year. Most of the activity was generated by bargain hunters who are … More >>
Housing Market Needs Foreclosure SaleOctober 24th, 2008
As one of the states with the highest foreclosure rate, California's housing market is certainly taking a beating. Inventory of homes for sale, a significant percentage of which are … More >>
Foreclosure Court Adds More JudgesOctober 22nd, 2008
If you are still having trouble picturing the current housing market conditions, you should only look at the foreclosure court in Cook County, Chicago. In order to keep up with the soaring … More >>
A Watchful Eye on Seattle, WashingtonOctober 14th, 2008
Another large chunk of mortgages in the sub-prime sector is to see the reset of interest rates to rather higher rates in Seattle over the coming six months. According to experts, the resets … More >>
Utah’s Future still Uncertain, Local Help Around the CornerOctober 14th, 2008
According to a recently released report, Salt Lake City came in at the seventh position when it came to cities with the most number of filings for foreclosures in the country. Other cities … More >>
Foreclosure 101: When Should Troubled Borrowers Consider Selling?October 13th, 2008
As a homeowner facing foreclosure, it is only natural for you to consider fighting your mortgage problems in order for you to remain in your home. But there are instances when you should … More >>
Center for Responsible Lending to Congress: “Act Quickly”October 10th, 2008
With the nation on the brink of an economic recession, the Congress finally approved the bailout legislation, which has a budget of $700 billion. A huge percentage of the budget will be … More >>
No Respite Yet in Dallas, TexasOctober 9th, 2008
New statistics are showing that there has been a 7 increase in foreclosures compared with last year in the Dallas-Fort Worth area. However, in excess of 3,700 homes are set to go through … More >>
Relief for Home Owners in North CarolinaOctober 9th, 2008
Home owners involved in Raleigh foreclosure homes are set to see some relief coming their way, as will home owners in other parts of the state. On 08/18/2008, a legislation was signed into … More >>
Empty Homes to Get a Facelift in Charlotte, North CarolinaOctober 8th, 2008
Charlotte foreclosure homes could finally witness a revival. A Durham based financial institution that deals with at-risk neighborhoods is carrying on with what it does despite the credit … More >>
