A mortgage crisis like the one that has devastated homeowners is enveloping the nation’s office and retail buildings, and few places are likely to be hit as hard as Washington DC.
The foreclosure wave is likely to swamp many smaller community banks across the country, and many well-known properties, including Washington’s Mayflower Hotel and the...
Read more »
Real Estate Markets
Real estate trends and housing news nationwide
Community banks next to suffer from growing commercial foreclosure crisis
Arizona Housing Market News for Q2 2007 Including Scottsdale and Phoenix’s East Valley
Learn More about Arizona Real Estate
Highlights of Arizona and regional housing markets
Arizona is among the Top 10 states with the highest foreclosure rates.
Sales volume is down 27.8% throughout the state of Arizona. Compare this to a 10.8% decline in sales volume in the USA.
Scottsdale, Arizona:
Sales volume down 22.7% from one year ago but prices are...
Read more »
Sioux Falls South Dakota Housing Market is a Great Investment Opportunity
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...
Read more »
San Diego Real Estate Market Values Will Continue to Decline Into 2008
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...
Read more »
North Port in Sarasota Florida is Prime Example of Where Not To Flip Property To Make Money in Real Estate Investing
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...
Read more »
