The crisis is hitting home. An overwhelming majority of respondents to a new Housing Predictor poll say they are directly affected by the foreclosure crisis in their own neighborhood. The survey found that 74% of all those who took part in the online survey from all 50 U.S. states said they think the foreclosure crisis… Continue reading Majority Affected by Foreclosures
Category: Ohio
Ohio housing market
Homeowners Crisis Builds New Wave
By Matt Weidner I’m a soldier, a street fighter, an attorney battling foreclosures on behalf of homeowners at the ground level, in the trenches, in courtrooms all across Florida. Let me save you the suspense and get right to the point. Things are worse than they’ve ever been and they are only going to get… Continue reading Homeowners Crisis Builds New Wave
Foreclosure Freeze Proposed
By Mike Colpitts An Ohio member of Congress has proposed a resolution that would enact a temporary freeze on foreclosures across the U.S. similar to the Great Depression. The proposal would enact a moratorium on all residential foreclosures. Rep. Marcy Kaptur (D-OH) offered the resolution before the House Financial Services Committee. The proposal asks President… Continue reading Foreclosure Freeze Proposed
Space Shuttle End May Kill Town
By Mike Colpitts Nervousness and uncertainty send jitters through the community of Titusville, the Florida home to the U.S. Space Shuttle program for more than 30 years. Ronald Reagan was president of the United States when this community led the venture into outer space. But the hub for space science exploration is ending its presence… Continue reading Space Shuttle End May Kill Town
2011 Ohio Housing Market
It was a sugar high that gained momentum with the home buyer tax credit, but after its expiration home sales slowed almost like a car coming to a stop sign. Record high foreclosures coupled with one of the highest unemployment rates in the nation have crippled the Ohio housing market. Displaced Ohio workers are beginning… Continue reading 2011 Ohio Housing Market
Cyber Monday New Home Sale
By Kevin Chiu In an effort to improve sales and increase interest, an Ohio new home builder is taking a new route to keep up with changing times and sell homes at huge discounts on the Internet. The sale will feature a limited number of new homes at developments in two states and be conducted… Continue reading Cyber Monday New Home Sale
Banks Insult to Justice System
By Mike Colpitts Ohio’s hard talking attorney general says that banks and mortgage servicing companies simply choosing to re-file affidavits in order to straighten out their flawed paperwork on foreclosures is an “insult to the justice system.” “The big mortgage servicers and financial firms continue to demonstrate their belief that they do not need to… Continue reading Banks Insult to Justice System
$100 Home Deal Not Dead
The federal $100 home deal that started out in one of the nation’s hardest hit foreclosure centers is expanding into more states. The move is part of government efforts to revitalize neighborhoods devastated by the foreclosure crisis. The program was launched in Cleveland, Ohio allowing non-profits to take control of homes that were foreclosed as… Continue reading $100 Home Deal Not Dead
2010 Ohio Housing Market
Pushed by the federal tax credit, home buyers got off the fence to purchase homes earlier than they would have usually, but in Ohio the expiration of the tax credit may be having a huge impact on Ohio housing markets. The tax credit, intended to some how push the housing market into a recovery has… Continue reading 2010 Ohio Housing Market