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Foreclosure Hud Homes Sales News
Short-sale 'flopping' may be next big housing scam
Lenders lose an estimated $310 million annually in undervalued short-sale transactions, according to a study released in August.
Read more...Lakeland program hopes to unload foreclosures
The Lakeland Housing Authority is scooping up foreclosed homes in the Hampton Hills subdivision in Lakeland and selling them at a discount.
Read more...Federal Housing Stimulus: How Much More?
New reports are rolling around Wall Street and Washington today that the Obama Administration is considering yet another economic stimulus package; this round would be for small businesses.
Read more...Bargain Hunters Can Make Themselves at Home in Foreclosure Segment of Metro Chicago Real Estate Market, Reports RE/MAX
Foreclosures will play a significant role in home sales for at least the next two to three years. The idea of getting a foreclosed home at a bargain price is enticing, but shopping the foreclosure market is quite different from buying a traditional existing home, and buyers need to understand how things work in this unique market.
Read more...Home truths for complacent economists | Dean Baker
Tax credits disguised the fundamental weakness of the US housing market. The reality reveals bleak prospects for growth The howls of surprised economists were everywhere last week as the government reported on Tuesday that July had sharpest single-month plunge in existing home sales on record. The next day the commerce department reported that new home sales hit a post-war low in July. All the ...
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