Hurricane Florence, Carr wildfires and Kilauea volcanic eruption prompted spike in delinquencies, even as overall foreclosure rate hit 12-year low, according to CoreLogic From North Carolina in the aftermath of Hurricane Florence to parts of California ravaged by wildfires and Hawaii following the Kilauea volcano eruption , home delinquency rates rose sharply in September even […]

America’s best and worst cities for first-time homebuyers, revealed

November 22, 2018 admin

America's best and worst cities for first-time homebuyers, revealed: Grand Rapids, Michigan ranks best in the nation but San Jose is the worst – again Grand Rapids, Michigan is the best city in the nation for first-time homebuyers because it has a high share of Federal Housing Administration-insured loans that offer low down payment options […]

As judges rule for sanctuary cities, Chicago sues Sessions for blocking new public safety grants

October 25, 2018

ABA Journal Daily News

Report: Cleveland housing market tells tale of 2 cities

September 5, 2018 admin

A report says that ten years after the financial crisis a two-tiered housing market still exists in Cleveland, one of the hardest hit cities. The report from the Western Reserve Land Conservancy says even as regional house prices return to their pre-collapse highs before 2008, longtime homeowners and residents in poor, largely minority communities are […]

These cities saw the biggest rebound in home prices after the Great Recession

August 21, 2018 admin

When the Great Recession hit, the unemployment rate in Modesto, Calif., hit a staggering 17.5%. The city, which was known for its agricultural industry and for being the home of Gallo Winery, the largest exporter of California wines, had the third highest foreclosure rate in the country in 2010 . Foreclosure News