Category: Foreclosure

Further Federal Reserve Interest Rate Cuts Needed

Millions of American homeowners are in crisis facing the doom of foreclosure or the threat of losing their homes. Stimulating the U.S. economy and keeping inflation in check is the job of the Federal Reserve Board of Governors, and they tried to help the troubled housing markets and the greater U.S. economy by cutting the… Continue reading Further Federal Reserve Interest Rate Cuts Needed

Buyers Market Housing Forecast

The best time to buy property in many of the nation’s housing markets will be through the end of 2008, Housing Predictor forecasts. Markets in many areas are bottoming out and have the highest level of properties listed for sale on the market in years, causing downward pressure on pricing levels. Housing markets in California,… Continue reading Buyers Market Housing Forecast

News Releases from Housing Predictor

News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your… Continue reading News Releases from Housing Predictor

States Rip Off Foreclosure Victims

By Mike Colpitts Almost $1-billion targeted to victims of banking foreclosure fraud is being ripped off from foreclosure victims to be used to pay for other programs for states facing serious financial deficits. The nation’s largest five banks agreed to pay a $25 billion settlement as part of their agreement to settle allegations of illegal… Continue reading States Rip Off Foreclosure Victims

Best Buyers Market Forecast in 2008

When it looks bad and it looks like things are going to get worse that’s the time to pull the trigger and buy real estate to have the highest probability of making top profits investing in real estate. That’s the consensus of veteran real estate investors, who have made fortunes investing. The best buyers market… Continue reading Best Buyers Market Forecast in 2008

Emergency Action by Fed Throwing Lifelines

By Mike Colpitts Stopping Bear Stearns from a total meltdown and throwing lifelines to other financial institutions, the Federal Reserve has come to the aid of financial institutions more than since the Great Depression. The only time actions taken close to this came at the peak of the U.S. Savings and Loan Fraud Crisis in… Continue reading Emergency Action by Fed Throwing Lifelines

Housing Recession or Worst U.S. Economic Disaster Likely

The nation’s mortgage melt down has evolved into America’s real estate crisis amid falling home prices, record foreclosures and weakening consumer confidence and threatens to produce the nation’s worst economic disaster in history, a Housing Predictor study reveals. The catastrophic damage could be so widespread that the crisis could reach $600 billion in losses to… Continue reading Housing Recession or Worst U.S. Economic Disaster Likely

How Long Will it Take to See Light at the End of the Tunnel

By Mike Colpitts Editor The question everyone has these days is, “How much more will housing prices fall?” The answer to that question lies in the answer to a bigger question all together: How long will it take world credit markets to become functional? Local housing markets economic strengths weigh heavily on local job conditions… Continue reading How Long Will it Take to See Light at the End of the Tunnel

Sub Prime Loan Damage Limited

Hundreds and perhaps thousands of local real estate markets scattered throughout the U.S. are insulated from the sub-prime loan crisis and as a result are not suffering from fall out of the sub-prime fiasco, according to the latest Housing Predictor study. The sub-prime crisis is revealing itself to pale in comparison to the U.S. Savings… Continue reading Sub Prime Loan Damage Limited