Housing bubble or not, the real estate market is in trouble
First, some good news. Despite the meteoric rise in home prices, the real estate market hasn't ventured into housing bubble territory.
First, some good news. Despite the meteoric rise in home prices, the real estate market hasn't ventured into housing bubble territory.
Rapper Lil' Kim is reportedly facing foreclosure after failing to agree terms with bank officials over her mortgage payments. Bosses at HSBC Bank sued the “Crush on You” hitmaker in 2010 after she reportedly stopped paying the $ 10,000-a-month mortgage on her home in Alpine, New Jersey in 2009. Foreclosure News
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What happens when you combine an already tight housing market, marijuana, a Chinese crime syndicate, and the U.S. government? The answer is not a movie starring Jackie Chan, Sean Penn, and Denzel Washington. “This represents one of Non-QM loans aren't subprime loans. Foreclosure News
The real estate market in Kathleen GA looked like it was about to really heat up, but with limited inventory for buyers and investors to peruse, it quickly cooled back off. Currently, there are only 3 months worth of properties to pick from for interested consumers. Foreclosure News
The desire to pay off the mortgage before retiring is based on a false paradigm and a obsolete meme. The false paradigm is that it's “safe” not to have a payment in retirement when your earnings are reduced. Foreclosure News
When home prices continue to push buyers away from the already scarce inventory, alternatives have to be sought. Among which are pre-foreclosed properties. Foreclosure News