May 19, 2012

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5 Reasons Why Home Prices Could Have Hit Bottom

September 23, 2010 By
Home pricing stabilizing

5 Reasons Why Home Prices May Have Hit Bottom Over the past three years across the country, we have witnessed historic drops in housing market. Property values in Florida, Michigan, Arizona, and California have plummeted. Foreclosures and mortgage delinquencies have skyrocketed while interest rates are now at all time lows. Many analysts believe the home prices have bottomed out and great deals are there for the taking. Despite some critics, a growing number of market watchers see signs … [Read more...]

How to Search for Foreclosed Homes

September 16, 2010 By
searching_online_foreclosure

As with any purchase, many people seek to find the best deal possible. It’s no different in the real estate business either. Buying a foreclosed property all though ignored might just offer you the deal of a lifetime! With interest rates at historic lows and refinancing prices low, passing up your chance to buy your new home now, might come back to hunt you. Not only can foreclosed properties save you up to 25% or more on property’s market value, it might also offer advantages like no … [Read more...]

Foreclosures Hitting Record Levels

August 13, 2010 By
Buy Foreclosures

Image via Buy Foreclosures In 2005, prior to the mortgage meltdown, U.S. banks repossessed 100,000 homes throughout the entire year. In July 2010, 92,858 homes have been seized, according to RealtyTrac, a foreclosure and real estate data company. July Foreclosures Near Record High July's foreclosure numbers, up 9 percent from June and up 6 percent from 2009, is approaching the high point of 93,777 in a single month (experienced in the months shortly following the crash). However, that … [Read more...]