Wow. It’s amazing to think in terms like this. Nowadays we all have foreclosures dotting, peppering, or downright plastering our neighborhoods. We have grown accustomed to terms like ‘loan modification’ and ‘short sale’. But if we looked at the number of foreclosures owned by just one entity such as Fannie Mae, the aggregate appearance is […]
As we’ve seen the major banks start to fall apart or get bought by the government, we’ve been inundated with suggestions, opinions, and infighting between parties and ideologies. However, what so many are forgetting about is that the crux of the issue regarding house pricing and the worth of derivatives based on home mortgages still […]
This could turn out to be a very bad thing. There has been a lot of coverage recently about the money that the Arizona government has “lost” or more appropriately, “not realized” due to the bursting of the housing bubble. As Arizona grew in leaps and bounds, so did the budgets based on estimations of […]
Posted in Foreclosure, National, Stories & Experiences on August 25th, 2022 Comments Off on Can You Remember How Many Homes You Own? How About How Many Homes You Have That Are Going Through Foreclosure?
An interesting story came this way that sounds similar to the recent Barack Obama and John McCain political drama about how many homes McCain owned vs Obama’s mansion. In a much smaller political battle, one where presidential candidates are replaced by smaller city positions like the Mayor of Lathrop, California. It’s going to be curious, […]
Many buyers chose to move to out-lying areas in cities like Gilbert, Chandler, Queen Creek, and Mesa in the East Valley. In the West Valley, buyers moved towards areas like Anthem, Surprise, Cave Creek, and some further out areas of Scottsdale. As the foreclosure notices started going up on doors and in the mail, prices […]