Posts with tag HousingCrisis

More Foreclosure Filings Feed Housing Crisis

Foreclosure filings are increasing, and the housing crisis is worsening because of them. Year-end data from RealtyTrac shows that 2010 was the worst year yet -- specifically 23 percent worse than 2008, the first year of the recession. Douglas Mcintyre of our sister site, DailyFinance.com, sifts through the data to draw... Continue Reading »

Las Vegas Homes Bad Bet Until 2032

If you're laying odds on when the Las Vegas real estate market will recover, prepare to wait a long time to collect. According to a recent report, it will be decades before Las Vegas home prices rebound -- the year 2032 to be exact, says Celia Chen, housing market analyst for Moody's Analytics. And Las Vegas isn't even in... Continue Reading »

Sue Your Lender, Save Your Home

For homeowners struggling to keep up with their mortgage payments, their best hope may be negotiating a lower, more affordable monthly payment while they try to get their financial houses back in order. That's the aim of the government's Home Affordable Modification Program, which encourages lenders to modify loan... Continue Reading »

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