US Real Estate

Woman Gets 4 Years in Prison for Real Estate Scheme

By Tavis J. Hampton | April 7, 2011
A woman in Putnam County, West Virginia is on her way to federal prison after being sentenced for her part in a real estate fraud scheme.  The mortgage fraud involved$ 2.3 million dollars in a housing subdivision called Stonegage in Hurricane, West Virginia, a town with a popular of less than 6,000.  The woman, Deborah […]
US Real Estate

'Keep Your Home California' Expands Eligibility

By Tavis J. Hampton | April 5, 2011
The California Housing Finance Agency (CalHFA) is expanding the criteria for eligibility for the Keep Your Home California programs, in a effort to help more families keep their homes. Many low to moderate income California homeowners who are having trouble paying their mortgages may be able to keep their homes through the assistance of these […]
Home Builders/Developer's, US Real Estate

Developers Feeling the Heat as Sales Continue to Drop

By Mike Wheatley | March 22, 2011
So is our economy really recovering right now? Perhaps, but it’s not going nearly as fast as many would have hoped, according to some new real estate figures. Developers are the ones feeling the most heat as the numbers of sales drive some to the brink of bankruptcy.
Residential, US Real Estate

Realty Trac: Foreclosures Decreased in 2010

By Tavis J. Hampton | February 25, 2011
Realty Trac, a website that serves as an open online marketplace for foreclosure purchases, announced its fourth quarter foreclosure sales report for 2010, revealing that the number of foreclosures actually decreased in 2010 but still accounted for 26 percent of all residential sales. In 2009, the percentage was 29.
Real Estate Investing

Property23 Approaching Its 4,000th Investment Purchase

By Tavis J. Hampton | February 16, 2011
Property23 specializes in providing affordable investment opportunities for is customers, making the most of low-cost foreclosed houses that would otherwise sit vacant and unsold. With millions of foreclosed houses on the market, and Property23 invests in high-quality properties, refurbishes them, and helps customers make informed purchases.
US Real Estate

15 Million Americans Owe More Than Homes Are Worth

By Tavis J. Hampton | February 11, 2011
There is a pocket of Americans who have managed to make their mortgage payments and keep their homes, but who also owe more than the homes are actually worth. While some may owe $200,000 on a $198,000 home, others may owe as much as $200,000 on a home only worth $75,000.
US Real Estate

400 Phoenix Foreclosures Hit the Block This Month

By Ryan Cox | February 7, 2011
In news from Phoenix's beleaguered real estate market some 400 foreclosures will go on the auction block February 12th and 13th. According to the S&P/Case Shiller Home Price Indices, Phoenix home prices have been chopped down by more than half, 53.9 percent since 2006's peak, in fact. This auction will take place both days at 1:00 p.m. at the Pointe Hilton Squaw Peak Resort.
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