Crisis tagged posts

Foreclosed Homes Sprouting Up Over Night Economic Collapse Crisis Real Estate


Today we drove through a residential neighborhood in the Phoenix West Valley of Arizona. We noticed even more for sale signs sprouting up. There is no positive from what we can tell. Seems that the housing crisis is still full speed ahead. Real Estate crisis does not look to be recovering as we are noticing even more homes being abandoned or being placed on the market in hopes of a miracle. January 31, 2011 When you support your local retailer, You are supporting your local economy. Before you decide to pump your money into corporate giants, Please consider that your local corner mom & pop stores are working hard to make ends meet. They are your neighbors and would like to feed their family as well....

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Minnesota Boasts Nation-Leading Solution to Home Foreclosure Crisis


Among the victims of the devastating economic crisis have been homeowners. Foreclosures surged nationwide in the latter half of the last decade — initially when the housing bubble burst and, more recently, as mass layoffs and depressed wages have forced workers out of their homes. Minnesota hasnapos;t been immune. Since 2005, more than 100000 foreclosures have occurred in this state — both in urban and rural areas — affecting one of every 20 households. But unlike most states, Minnesota leads the nation with a collaborate effort designed to prevent foreclosures, or at least mitigate their effects on communities...

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The Next Crisis In Residential Mortgages

The Next Crisis In Residential Mortgages
Back in the fall of last year, we commented to many that the so-called “foreclosure-gate,” or “document-gate” (remember, the Schwarzeneggerian term “robo-signers”) was going to prove to be a double edged sword for the large banks.

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