News Archive

  • California Investors Conspire To Defraud Foreclosure Sales

    California Investors Conspire To Defraud Foreclosure Sales

    While average housing prices continue to fall around the US, foreclosure rates are going up. Investors know that they can purchase distressed property at foreclosure and sheriff sales at some of the lowest prices that they will see in this lifetime, but they also face...

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  • The Reverse Mortgage Market Expected To Grow Exponentially

    The Reverse Mortgage Market Expected To Grow Exponentially

    Although reverse mortgages are becoming more popular amongst senior citizens, a number of major banks are ending their programs. Social security and retirement benefits are just not what they used to be, so independent homeowners above the age of 65 are doing whatever they have...

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  • Banks Not Working To Help Distressed Homeowners Says The Treasury Department

    Banks Not Working To Help Distressed Homeowners Says The Treasury Department

    After the Obama administration instructed banks to work with homeowners before foreclosing on their properties, a few major banks stepped up and promised to do their best to help. Unfortunately, the Treasury Department has found that JPMorgan Chase, Wells Fargo and Bank of America have...

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  • Vacation Homeowners Turn To Renting When They Can’t Sell

    Vacation Homeowners Turn To Renting When They Can’t Sell

    The real estate market may have stalled, but second homeowners are willing to sacrifice their own summer vacations in order to turn a profit. Those that have enough money will be renting vacation homes in travel hubs such as Florida, Maryland, North Carolina and California....

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  • Increased New Home Sales Help Appliance Manufacturers

    Increased New Home Sales Help Appliance Manufacturers

    Although the housing market has fluctuated greatly in the last few years, a new real estate study shows that new home sales are on the rise. In April of this year, new home sales rose more than 7%. Because nearly all new home constructions come...

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  • Walmart Plans To Sell Large Appliances

    Walmart Plans To Sell Large Appliances

    While discount shoppers know that they can always get a great deal at Walmart, most don’t go there to buy refrigerators or washing machines. The Walmart Corporation has cornered the kitchen appliance market, but executives believe that they will be able to increase sales by...

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  • Finding A Home Suitable For A Growing Family

    Finding A Home Suitable For A Growing Family

    Newlywed couples and growing families often look for houses to rent in order to save money. Because purchasing a house often requires a sizable down payment, families need to reduce their expenses and live modestly before they are able to consider purchasing a home. By...

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  • Arizona Homeowners Face Increased Foreclosure Rates

    Arizona Homeowners Face Increased Foreclosure Rates

    Recent Arizona real estate reports show that an astounding 43% of all homes sold in January were foreclosure sales. As the state of Arizona is in the midst of fighting the government over the legality of a controversial immigration bill, lawmakers are trying to find...

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  • US Mortgage Rates On The Rise

    US Mortgage Rates On The Rise

    In a country where getting a mortgage is hard enough as it is, new home shoppers will get the shock of their lives when they find that mortgage rates are higher than they have been in almost a year. Real estate professionals have been warning...

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  • More New Home Shoppers Using The Web

    More New Home Shoppers Using The Web

    Although real estate professional have been making this prediction for years, analysts have finally come to the conclusion that most real estate shoppers narrow down their search by using the web. In the old days, new home buyers would spend weeks on end with a...

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