After a jump in August, foreclosures begin again

New foreclosure actions in states along the country’s West Coast returned to levels in line with prior months during September, according to ForeclosureRadar, a California-based company that tracks every foreclosure in its five-state coverage area. The leveling off in September follows a strong surge in foreclosure starts during the month of August in the western …

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Downgrades and Debt Concerns

The problems with the downgrade in U.S. Treasuries and the debt crisis here and abroad are adding another layer of uncertainty to an already uncertain marketplace right now. The main question for housing in particular is where mortgage rates are headed. S&P’s Downgrades US Treasuries and Fannie & Freddie… Standard & Poor’s downgraded the U.S. …

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Foreclosure inventory is at an all-time high

You may know about your next-door neighbor who hasn’t paid their mortgage in a while, and others who are doing the same and living rent-free, but here’s proof that this is actually the case for roughly a third of delinquent mortgages in this article by DSNews.com: A new report released by Lender Processing Services this …

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Real Estate is Now a Once-in-a-Generation Opportunity

Greg Rand, a 20-year real estate veteran and CEO of OwnAmerica, says now is the time to invest in real estate. Rand compares the current market to the years following the Great Depression when market conditions sparked a boom that sustained 65 years of appreciation in real estate. “This economic crisis, while similar to the …

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