More Homes to Enter Foreclosure Listings As Underwater Owners Drown

The foreclosure crisis has certainly created plenty of problems in the housing industry. But one of the problems it needs to deal with at once is the situation of the underwater

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Florida Foreclosure Listings Drop

by Elizabeth Rush on September 15, 2011

Florida Foreclosure Listings Drop

The collapse of the subprime mortgage market has hit many states hard, one of which is Florida. The Sunshine State was indeed crippled by the housing crisis and this is evident in the 516,711 homes in foreclosure listings recorded in

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Homeownership Within Reach, Thanks to Foreclosed Properties

by Elizabeth Rush on September 2, 2011

Homeownership Within Reach, Thanks to Foreclosed Properties

The American dream of homeownership took a back seat when the mortgage industry suffered a meltdown in 2005. In response to the millions of delinquent loans, regulators reviewed lending practices and worked with lenders to tighten the guideline to prevent another collapse. The consequence of such tightening is a huge decline in homeownership

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Parents Looking Into Condos in Foreclosure Listings

by Elizabeth Rush on August 25, 2011

Parents Looking Into Condos in Foreclosure Listings

Being practical these days is crucial, especially if you look at the current economic situation. Even when it comes to investing in real estate, it is important that you study the market. A lot of Americans have become smarter, choosing to take advantage of the cheap distressed properties instead of newly-constructed homes and condo

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Converting Foreclosure Homes to Rental Houses

by Elizabeth Rush on August 17, 2011

Converting Foreclosure Homes to Rental Houses

The federal government, despite its efforts to curb the housing crisis, has decided to open its doors and accept suggestions which can lead the way to a permanent relief for the market. One idea which seems to be gaining traction is the conversion of foreclosed properties into rental

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Foreclosure Investing 101: The Return of Flipping

by Elizabeth Rush on August 5, 2011

Foreclosure Investing 101: The Return of Flipping

It cannot be denied there are plenty of reasons why investing in real estate these days is not as appealing as it used to be. Ironically, the same reasons why you would want to hold back are the same ones which will motivate you — if you know what to do. Sure enough, plenty of real estate investors have looked past the grim market outlook and discovered the potential of earning considerable profit via foreclosure

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Federal Government to Rent Out Foreclosures

by Elizabeth Rush on July 29, 2011

Federal Government to Rent Out Foreclosures

When the foreclosure crisis hit, it basically trampled on everything, from home prices to the stock market. Just like a hurricane, it left in its wake unforeseen damages — an economy on the verge of the worst recession in history, a housing market clogged with abandoned homes and declining home

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Foreign Investors Snapping Up Cheap Homes

by Elizabeth Rush on July 19, 2011

Foreign Investors Snapping Up Cheap Homes

In most cities across the state, the story is almost the same. The enduring foreclosure crisis has resulted to declining home prices, equity loss and growing volume of distressed properties. But behind such dreary housing situation are investment opportunities waiting to be unearthed. In fact, many markets are being scoured by international buyers looking for cheap properties to invest

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2nd half of 2011 Offers More Opportunities for Foreclosure Buyers

Last July 8, Clear Capital released its latest Home Data Index, which revealed a 3.2 percent decrease in home prices during the first half of the current year and a prediction of a further 2.4 decrease in home prices in the next 6 months. The index is quite complete and accurate with data from the beginning of the year up to

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The Many Faces of Foreclosure Assistance

by Elizabeth Rush on June 28, 2011

The Many Faces of Foreclosure Assistance

Inventory of foreclosures for sale continues to grow as the federal government tries to help homeowners avoid foreclosure. Numerous federal and state programs have been launched to provide genuine foreclosure assistance to distressed homeowners. Finally, the feds have discovered that the solution to effectively alleviating the housing problem is to go to the source of the problem and stop bickering on what or who caused the mess in the first [...]

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