Featured News, US Real Estate

Obama’s Foreclosure Fix Failures

By Mike Wheatley | October 10, 2011
The Obama administration’s attempts to deal with the foreclosure crisis have been nothing short of abysmal. As of right now, more than 6 million American homeowners remain under threat of foreclosure, or are behind on their mortgage payments. Property prices are continuing to fall, and inventories across the U.S. are overwhelmed with foreclosed homes. Obama’s […]
Real Estate, Real Estate Investing, Realtors, US Real Estate

John Wesley Martynec Charged Over Fraudulent $300,000 Investment Scheme

By Mike Wheatley | August 31, 2011
A real estate agent from Seal beach, California, has been charged with 34 felony offences following his arrest in connection with an alleged $300,000 fake investment pool scheme, police have said. Seal Beach police, said that John Wesley Martynec, 35, who was arrested in August, had since been bailed pending the start of his trial. […]
Real Estate, Residential, US Real Estate

Foreclosed Homes Prove Tempting Targets For Thieves

By Mike Wheatley | August 5, 2011
Foreclosed homes have become a big target for thieves, tempted by such easy pickings as left-behind appliances, bits of copper, electrical fittings and anything else they can find in properties left vacant. One of the most common scams, brought to the attention of real estate professionals by the National Association of Realtor's Memphis branch, is […]
Home Builders/Developer's, Real Estate, US Real Estate

New Home Builds On The Up

By Mike Wheatley | June 17, 2011
The market for new homes has been picking up some steam in recent weeks with the numbers of new constructions beginning and housing permits awarded rising to their highest levels for five months. The Commerce Department reported yesterday that there was a 3.5% increase in the number of housing starts in May compared to the […]
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