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Foreclosure Activity Hits Record High in First QuarterMore than 800,000 properties received foreclosure notices in the first quarter of 2009, driven largely by a 17 percent spike in March, according to the latest RealtyTrac Foreclosure Market Report. Despite a drop in bank repossessions (REOs), the Q1 2009 and March numbers were the highest quarterly and monthly totals since RealtyTrac began issuing its report in January 2005 thanks to a surge in defaults and auction sale notices. Read Entire Story. | ||
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| | Foreclosure Investors Rely on Innovative Rental Strategies With home prices declining, real estate experts anticipate many homeowners and investors will rent out their properties and wait for the market to improve, fueling competition for tenants. Read the entire story |
| Five Reasons Why Good People Can't Get Good Loans Why is it that good people with good credit and cash in their pocket are having so much trouble getting home loans? There are five key reasons which explain why the credit crunch is crunching even the best of us. Find out more | |
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