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More people are said to be showing interest in and at other regular home-buying channels in Chicago, Illinois. Although sales and home prices continued their decline in February of this year, realtors reported that optimism is high among sellers as buyers showed increased interest in making a purchase. Although prices are still in a slump, [...]
Since the real estate market crash, foreclosure properties have made up a significant percentage of overall home sales each year, especially when compared to the number of foreclosure homes sold each year before 2006. Despite the increase, reports indicate that in 2011 the percentage of foreclosure properties sold actually declined to 2008’s level—which may initially [...]
A cursory review of housing market statistics over the past few months uncovers a few trends that, on the surface, appear to be positive and encouraging, including: – A 4.3% increase in existing home sales for the month of January – A 13% rise in existing home sales for the past 6 months – Current [...]
An audit of several hundred foreclosures in Northern California uncovered a host of legal and ethical violations, mirroring the situation with and across the country. Our know how difficult it can be to trudge through the foreclosure process. Many people, not wanting to lose their homes or damage their credit, continue to pay on homes [...]
A few years ago, the government provided to assist first time homebuyers acquire a new home and to also stimulate the declining housing market. Now, the problem is more serious, with thousands of homeowners more worried about keeping their homes than finding financial assistance to purchase houses. The problem is prevalent in almost all regions [...]