We all know that there is a housing crisis. We all know that people across the nation are facing foreclosures. And we keep hearing that the government is doing everything possible to mitigate the problem. But reports about foreclosure rates in the first quarter of this year seem to indicate that the government’s efforts aren’t enough to stop foreclosures from happening. (more…)
Posts Tagged ‘Housing Market’
Foreclosure Rates Increasing Despite Government Efforts
Monday, May 5th, 2008Get in on the Ground Floor of a Growing Downtown
Monday, April 21st, 2008
credit: Richard Jones
Downtown revitalization is a phrase that has been on the lips of many cities across the nation. What this term refers to is the investment of government funds into rebuilding the downtown neighborhoods of their cities in order to attract business, residents and tourism. Riverwalks, urban parks, luxury loft-style apartment buildings and reinvigorated arts districts are all symbolic of downtown revitalization. (more…)
“We Buy Ugly Houses” Names Top 10 Investment Property Cities
Thursday, April 17th, 2008
credit: Lucius Kwok
You may not recognize the name HomeVestors of America but you’re familiar with their investment property advertising campaigns. They got famous with all of those billboards and ads that let you know they’re happy to buy ugly houses. And now they’re also happy to tell you where you should be looking if you’re interested in buying up some property of your own.
Hybrid Cars Could Help Housing Market
Wednesday, April 16th, 2008
credit: Burning Image
An interesting article over at Bigger Pockets recently drew a connection between the increasing cost of gas and the faltering housing economy. In short, it pointed out that as more and more of your money goes to the gas tank, you have less money to invest in real estate property (and to pay the mortgages on already-purchased homes). The author also noted that the cost of housing construction is on the rise as a direct result of the fact that building companies have to spend more money on gas when transporting materials and laborers to job sites.
Game Offers Risk-Free Real Estate Lessons
Tuesday, April 15th, 2008
credit: jerryfletcher
If you’re new to property investment, you might be hesitant to jump into the market at this stage in the game. Real estate risks just seem too high for those people who don’t have a good grasp on how the housing market works for and against them. But what if you could try out different home building and home buying options in a no-risk manner? That’s the purpose of a highly popular computer game called Build-A-Lot.
Plan in Place to Protect Minority Homeownership
Sunday, April 6th, 2008
credit: karlfrankowski
Owning a home is the basic foundation of achieving The American Dream. For minority cultures in America, homeownership has historically been a milestone revealing that they have made it here in this country. As a result, many cultural communities are concerned about the fact that the recent home foreclosures sweeping the nation have created a setback for the minority homeowner.
REX vs. Reverse Mortgage
Monday, March 31st, 2008
credit: EverySpoon
There is a new loan option available to people which is being advertised as an alternative to the reverse mortgage loan. It is called the REX loan. The main difference between the two loans is in the ownership of the home. With the reverse mortgage, you remain the owner of your home but you use home equity to receive income payments. With REX, you essentially enter into a partnership that says you will split the proceeds of any future home sale with the company that has partnered with you.
Work with a Green Real Estate Agent
Sunday, March 30th, 2008
credit: broomvondle
If you’re interested in the environment and you’re looking to a buy a home, you can combine your needs by working with a real estate agent that specializes in green real estate. This term refers to real estate agents who take an all-around eco-friendly approach to their work. On the consumer end, they assist you in finding a home that is energy-efficient. On the business end, they implement green practices in the office.
Albany Homebuilders Hype Up Housing Market
Saturday, March 29th, 2008?
credit: Micah Taylor
If you pay attention to the real estate trends happening in the United States today, you know that the whole nation is in the midst of a housing slump. However, you wouldn’t think that was the case if the only media you were exposed to was that being promoted by a group of home builders in Albany, New York.
