Articles about Real Estate Market

Till date lenders have modified approx 235,000 mortgages during the administration of Obama. Despite this, till date, the first few months of 2009 witnessed 1.8 million foreclosures. Due to the rising rate of unemployment, more homeowners are rendered jobless and that is impeding their attempts of loan repayments.

The new real estate problem after foreclosure being faced by the people are the liar loans. This is a type of loan/mortgage that has been approved without any prior proof of the income or assets of the borrower. The worst of this loan are known as ninja loans, which means unable to repay due to [...]

The US other than the foreclosure homes is also facing the problem of tax foreclosures. It has been observed that about $6.6 billion worth property in 2007 were in the tax foreclosure market. Besides, about $558 billion worth property were in the pre-foreclosure process last year. This is in fact a huge amount. Thus in [...]

The droop in the real estate market began in the start of 2006 for the majority of natives of America. However, in the parts like Provo and Orem, the home prices witnessed a leap of 14% by the end of third quarter of the year. The city of Wenatchee could be considered as the only [...]

We all know that the real estate industry has been going through a bad patch for sometime now. The Foreclosure Listing Service has come out with an information bombshell, yes, believe it or not, North Texas homes that are bound to be auctioned as part of the foreclosures process is going to be the highest [...]

Though the people residing at the Country Club of Spring Valley Lake are from various communities and part of different cultures, one thing that is common among them is the term “foreclosure”.

The storm of foreclosure is flooding the entire country. Still, there are some places where the rate of foreclosures has declined even though the countrywide rate is increasing. A fresh report by RealtyTrac names some areas where the rate of foreclosures has fallen compared to that in the last year.
As per the yearly average statement [...]

Florida – once the hot spot of housing sector is now under the storm of foreclosures. Signs of resale can be noticed on most of the houses of Cape Coral, a beautiful place on the gulf coast of Florida. The once flourishing real estate market of Cape Coral now appears to be at its closing stages. People have to leave their three bedroom and two bathroom luxurious apartments for a condensed asking price. The asking price of these houses is priced to match the amount owed by the homeowner.

The situation in Dallas County is getting worse day by day. The houses which were once occupied by happy families now have the tag of resale / foreclosure posted on them. The foreclosure tragedy is spreading its wings all over the county of Dallas. Around 16500 houses comprising a massive locality are under the [...]

With regards to real estate data released recently, officials say that there are chances of undercounting or over counting in mortgages and foreclosures in US mortgage data. For instance, officials believe that in Colorado the numbers have been over counted.
Monthly and quarterly Reports of RealtyTrac on the number of mortgage foreclosures helps in analyzing the [...]