Bush Blaming Congress On The Foreclosure Crisis? What About the War?

April 30th, 2008

On Tuesday the President Bush blamed the Democratic-led Congress for not passing the foreclosure bills. According to the President, the Democratic-let Congress is blocking proposals that could help the sagging economy and the real estate crisis. The President said he is opened to help on the crisis but he is not getting Bills that he can

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Again Michael?

April 29th, 2008

The pop star Michael Jackson has managed to avoid losing his home in La, after paying $414,806. The three bedroom house in Encino had been scheduled for a public foreclosure auction on May 5, according to A Notice of Trustee's Sale filed on April this

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The Hillary Clinton’s Foreclosure Proposal To Help Veterans

April 28th, 2008

With recent reports showing that many service members and veterans are facing difficulties on mortgage payments, Hillary Clinton announced new proposals to protect these veterans and service members. The new proposals intend to propose new affordable and stable fixed mortgage rates, and she will build an agenda to address the

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Expected veto from the White House on foreclosure bills

April 25th, 2008

Barney Frank said to reporters this morning that the House Financial Services Committee is expecting a veto threat from the Bush administration on the $15 billion dollars loan and grant assistance bill. This bill has been approved by the committee

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Arizona on a low foreclosure rate

April 24th, 2008

While there has been a considerable increase in mortgage delinquencies and foreclosure rates among major states of the country including Phoenix metro during 2007, Arizona foreclosure still maintains a low rank when compared to other states of the country. And even with many people losing their residential homes in the Valley increased by tenfold in 2007, Arizona's foreclosure rate still maintained a low rank and stayed at the bottom

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North Carolina foreclosure streamlined!

April 23rd, 2008

Lawmakers at North Carolina are working on measures that set standards to lending business and help arrest foreclosure homes. Around four bills have been passed in order to arrest North Carolina foreclosure that awaits action from the state Senate. The bills have cleared the North Carolina House. It would significantly increase the state oversight with regard to the mortgage industry and set its foot firm in for the first time in over five

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Wisconsin foreclosures soars up in the state, housing industry stands to gain

April 22nd, 2008

Wisconsin foreclosure homes increase in state and leave many homeowners in panic. The cumulative foreclosure listing till the month of April summed up to six thousand plus, which is nothing less than around twenty five percent over last year. According to a non profit agency working with home owners and helping them with Wisconsin foreclosures, people buy homes which are just beyond their capacity with literally no savings and very little to

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Virginia Foreclosure springs up!

April 18th, 2008

According to The daily progress, the number of foreclosures in the Charlottesville region has skyrocketed drastically maintaining the same trend as Virginia and nation. It has become an increasingly common scenario in Central Virginia to auction foreclosed property. And on Tuesday, a couple lost their 1200 sq. ft home in a foreclosure property auction which was worth around $135,000 for having missed their mortgage

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Michigan on the receiving side of foreclosure

April 17th, 2008

Most of the Michigan foreclosure homes have been recorded from the Detroit metropolitan area. Detroit, a growing economy has almost come to a standstill because of the high rate of foreclosures. The trouble is that the metro area is also suffering from a slump in the housing market and increasing unemployment. On top of that there is the reset in housing interest rates, which has made it almost next to impossible for homeowners to pay their [...]

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The foreclosure hit state of Michigan

April 16th, 2008

The state of Michigan is seeing an increasingly large number of foreclosure houses and recorded a rate of one per 455 homes. The total number of filings in February 2007 was 9,287. By the end of the last quarter of 2007, there were 136,205 foreclosure homes for sale reported in the state and 87,210 properties were filed for the percentage change as compared to 2006 was 68.32%. Detroit, once a great city was shattered by the weight of rising [...]

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Prime real estate market of Texas hit by Foreclosure storm

April 15th, 2008

Foreclosures have hit Texas like the hurricane Katrina and the only difference is that this loss is much higher. The housing bubble of yesterday has burst leaving in its midst a skeleton of foreclosure homes in Texas. The latest figures show that by the end of January 2008, Texas had recorded 14,698 filings including 5,175 REO's. 243 Notices of default were issued along with 9,280 notice of trustee sale. As compared to January 2007, the [...]

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Michigan Foreclosures rose sky high in 2007

April 14th, 2008

Who could have thought that the beautiful state of Michigan with its heart in Detroit will reel under the pressure of foreclosure homes? Yes! The truth is that Michigan has not been spared by the foreclosure storm, which seems to have gripped big and small states, cities and counties in its suffocating noose. The Counties at the top of the foreclosure list are the Livingston and Washtenaw counties. Due to the high number of tax foreclosure homes [...]

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2008 No different for California foreclosures

April 11th, 2008

Across the state of California, sales of condos and foreclosure homes increased with February 2008 recording 20,513 homes. The median price of bank foreclosures in California in February 2008 was $373,000, which was 2.6% less than the price in January 2008 and 21% less than the median price in February

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Controversy Surrounds Foreclosure Prevention Act

April 7th, 2008

Amidst the unveiling of the new Foreclosure Prevention Act, there has been much controversy. The bill was stalled for along time over arguments between Republicans and Democrats in the Senate over certain provisions, and now that argument has become a public

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Columbus Foreclosure Homes are a Dream Come True for Many Investors

April 4th, 2008

Whether you are looking to purchase a home for yourself or buying real estate as an investment; Columbus foreclosure homes can be the perfect opportunity. Right now, market conditions are perfect for even first time investors to take get into real estate

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A great time to make your new start

April 3rd, 2008

This is a great time to make your new start. There are many Lubbock foreclosure listings to look at. The economy is still continuing to grow, with the cost of living one of the lowest in the nation. There are many major employers who help provide a diverse group of jobs. Although the population is continuing to grow in this area, traffic is not a major concern. Major locations are easily found by newcomers, and Lubbock has one of the largest [...]

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Raleigh Foreclosure homes Can Help You to Get Into the Home of Your Dreams

April 2nd, 2008

Raleigh foreclosure homes can help make thinking about the price of buying a home a little less scary. We all want to buy the perfect home for our family, but without breaking the bank. Raleigh foreclosure homes can be the perfect choice to make sure you can do

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The After Effects of the Economic Storm

April 1st, 2008

That was in 2000 but today things have changed. Seven years later, the average home price in South Florida is almost twice the amount and with it comes many other baggage's like an increase in property

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