Learn More about South Dakota
Sioux Falls South Dakota Housing Market Gets a Thumbs Up!

Sioux Falls South Dakota is enjoying steady rising home prices in a strong real estate market.
Yes, while many real estate bubble markets are suffering from deeply declining sales prices and a flood of foreclosures, there are Bargainville markets around the country where housing prices are affordable and real estate values are increasing - and Sioux Falls is a great example.  So if you are a real estate investor and your local market is a Bubbleville, be open to …

From the Real Estate Investment Center
California Foreclosure Rates Could Exceed 55 Percent

California mortgage defaults going into foreclosure are pushing 40% and could exceed the 1983 levels of 55% according to a recent article in the San Diego publication, SignonSanDiego.com.  What a difference from 2005, when only 13% of defaulted mortgages went into foreclosure.
The foreclosures on subprime loans will continue to push down home prices through 2008.  S&P forecasts that by Q1 of 2008, national average homes prices will be down 8 percent from 2006 prices.  This would be the …

From the Credit and Debt Solutions Department

Having a good credit report is important to obtain the most favorable rates and terms for real estate financing, whether it be for your home or commercial property. 
While there are loans available to borrowers without good credit, if you do a little work yourself to dispute some bad or derogatory credit accounts on your report, you will have many more options to choose from.
Here is an example letter you can use to dispute derogatory credit:
<Your Name and Address Here><Creditor Name and Address Here>
<Date>
RE:  Account #________________
To whom …

From the Real Estate Investment Center
Home owners, investors and real estate agents are feeling the pain of a hard hit real estate market in North Port, Florida, according to a recent article in the Herald Tribune.

For example, a 75-year old home owner has been trying to sell her 10-year old house to move into a condo but say, "The business of selling houses is not good.  There's a lot of houses for sale on my street."
Randy Martin, a pool contractor, speculated on the North Port real estate market and spent …

Real Estate Market Trends
Housing market woes, fueled by the sub-prime lending meltdown, has expanded to Wall Street as credit ratings are cut.

Standard & Poor's has warned that it may slash the credit rating of more than $12 billion in bonds backed by risky home loans (yes, the sub-prime loans) and Moody's Investors Service wasted no time in actually downgrading its rating on nearly 400 bonds backed by residential mortgage-backed securities that were issued in 2006.  Credit ratings are being cut because borrowers are missing mortgage payments at a rate much …