by Elizabeth Rush on September 20, 2011
by Elizabeth Rush on September 15, 2011
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
Continue Reading: Florida Foreclosure Listings Drop
by Elizabeth Rush on September 2, 2011
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
Continue Reading: Homeownership Within Reach, Thanks to Foreclosed Properties
by Elizabeth Rush on August 25, 2011
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
Continue Reading: Parents Looking Into Condos in Foreclosure Listings
by Elizabeth Rush on August 17, 2011
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
Continue Reading: Converting Foreclosure Homes to Rental Houses
by Elizabeth Rush on August 5, 2011
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
Continue Reading: Foreclosure Investing 101: The Return of Flipping
by Elizabeth Rush on July 29, 2011
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
Continue Reading: Federal Government to Rent Out Foreclosures
by Elizabeth Rush on July 19, 2011
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
Continue Reading: Foreign Investors Snapping Up Cheap Homes
by Elizabeth Rush on July 12, 2011
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
Continue Reading: 2nd half of 2011 Offers More Opportunities for Foreclosure Buyers
by Elizabeth Rush on June 28, 2011
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 [...]
Continue Reading: The Many Faces of Foreclosure Assistance