Tuesday, December 18, 2007
Real estate investors in San Francisco Bay area hold more than one-fifth of the properties that fall under foreclosures. It is known that one in six of the real estate properties repossessed through the month of September was been owned by people with two or more foreclosures in their names. Experts say that the area's frenzied real estate and the availability of sub prime loans enticed novice and experienced speculators to grab the properties with hopes of flipping them into quick returns. It is been noticed that, more than 6500 condominiums and repossessed houses found both naive investors and perpetuators of fraud among those who face multiple foreclosures.
posted by Avoid foreclosure, We buy houses, Stop foreclosure
@ 1:50 AM
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Thursday, December 6, 2007
Real estate news from Steamboat - dominated Routt County says that from other resort places of the west. The town has established a new 1 year record for the real estate volume, in spite of slow sales during the month of October. The County has recorded nearly $1.39 billion in real estate sales throughout this October. Steamboat County hasn't elevated above $1 billion until last year. Sources said that this was accomplished even though there were fewer sales. However now there is a sharp appreciation, where the sales go between $1 million and $1.5 million. As the prices seem to be rising quickly in Steamboat, real estate dealers in the town of Craig, which is about 42 miles west, have started to shop for their lower-priced listings in the County of Steamboat.
posted by Avoid foreclosure, We buy houses, Stop foreclosure
@ 4:30 AM
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