housing markets

It’s safe to say that most of us live in areas where we’d love to be able to contain our energy costs in some fashion. If you live in cold climates, you have to deal with high energy bills in the winter. If you live in warm climates, you [...]

State Farm Insurance, the biggest homeowner insurance carrier in the state of Florida, announced that they were canceling the homeowners insurance of around 125,000 residents because they see those homes at the greatest risk of serious damage if another big hurricane comes through those areas.
Last year, State Farm had petitioned the [...]

CNN Money came out with a list of their top 10 predicted foreclosure hot spots for 2010. Let’s take a quick look at the cities:
Boise, ID
Provo, UT
Portland, OR
Green Bay, WI
Birmingham, AL
Myrtle Beach, SC
Honolulu, HI
Roanoke, VA
Sioux Falls, SD
Gulfport – Buloxi, MS
The strange and scary thing about this list is that only [...]

It seems 2009 was more memorable than anyone hoped it would be as it pertains to the housing market. A record number of foreclosure notices went out in 2009, and more are expected in 2010 to break 2009’s record; how scary is that?
There were around 2.8 million foreclosure notices that [...]

Isn’t anyone else making news these days besides Citigroup?
In a surprise move, Citigroup announced today that they will be suspending foreclosures for a month to give a break to their borrowers for the holidays.
Of course, that magnanimous offer doesn’t cover a heck of a lot of people. They [...]

Goodness, what a tough time to live in Los Angeles. A report that came out by Zillow.com said that the value of homes in Los Angeles went down by a total of $60.8 billion in in the first 11 months of 2009. That’s the highest figure in the country, [...]

On Monday, the Treasury Department decided it was time to get tough with mortgage lenders who have been participating with the government’s program to help people modify their loans to more affordable rates so they have a better chance on keeping their homes and being able to pay their mortgage for [...]