Home prices continue to fall and according to S&P/Case-Shiller National Home Price index, an indicator of real-estate market direction, prices dropped 19.1% this first quarter compared to a year ago which at that point had fell 18.1%. Previously foreclosure sales weren’t considered in this index as they made up such […]
Post Tagged with: "foreclosure"
As we mentioned back in March, communities are increasingly facing the threats of crime due to the increased number of foreclosed homes which fall into disrepair and attract theft and squatters. The Atlanta police department has now setup a special vacant home burglary team. They are usually much to late […]
In a grim sign of continuing economic troubles, a report released today indicates a 112 percent increase in foreclosures—in other words, one out of every 194 U.S. households has received a foreclosure filing. Hardest hit states include Nevada, California and Arizona.
After news that the IMF is proclaiming a global slowdown in the economy and a recession in the US in part due to the sub-prime mortgage crisis, we saw it fitting to provide a resources to track foreclosures in your area which can be helpful for investors and a warning […]