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 [...]
In a recent AP-GfK poll that pretty much got a “duh” response from me, it was reported that 82% of al Americans feel that 2010 will be a better year for their families than 2009, and 72% are optimistic for a good year for the country. That’s pretty strange since [...]
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, [...]
The House of Representatives, trying to stop the types of things banks were doing that got us into all this trouble, passed new legislation on Friday that put new regulations on the banking industry.
By a 223-202 vote, it’s forcing banks to pay into a fund to help offset potential [...]
Not that we didn’t know this, and not that I’m necessarily repeating myself, but home owners are still facing big problems in this country, as well as the entire real estate industry.
A report came out this week saying that only around 5% of home owners have been able to get new [...]