by Jason MacDowell on August 28, 2008
by Paul McCain on August 26, 2008
by Paul McCain on August 22, 2008
When the crisis in the mortgage industry began, it primarily hit subprime borrowers. As the foreclosure crisis endured, home values started declining and eventually affected homeowners who are considered to be prime borrowers. For experts, this signals that the market is about to hit rock bottom, resulting to large inventories of affordable real properties. And with such prediction, buyers and investors are getting ready to buy these bargain homes.
Continue Reading: Foreclosure Crisis: Creating Buying Opportunities
by Jason MacDowell on August 20, 2008
by Jason MacDowell on August 15, 2008
With the housing industry still trying to recover from the losses suffered because of the mess in the subprime market, it is indeed surprising that the government-sponsored enterprise Fannie Mae has announced that it is making an effort to boost finances. Unfortunately, this effort comes with a high price for consumers.
Continue Reading: Mortgages Becoming More Expensive
by Elizabeth Rush on August 14, 2008
by Paul McCain on August 13, 2008
by Paul McCain on August 12, 2008
Sitting at the heart of the national housing crisis, the Central Valley in California faces new foreclosure challenges as the prices of basic commodities rise and household incomes contract. This situation is leading experts to believe that the next foreclosure wave is just around the corner.
Continue Reading: California Faces Another Foreclosure Wave
by William Dover on August 11, 2008
by Jason MacDowell on August 7, 2008
by Jason MacDowell on August 5, 2008