Its got a photo, a... huh...and shake your head photo...
"....which is to say that we've finally learned our bitter Brady Bunch lesson: The economic elite of this country is made up of people whose exterior features look human, but whose brains are reptilian."
With some real estate markets getting more competitive, hopefully things will turn around by the end of the year.
In financial terms, "liquidity" refers to the amount of capital available for lending. During the housing-bubble years, the economy suffered an excess of liquidity, with too much money chasing too few good deals.
The banks and finance companies are getting multi billion dollars bailouts and average home owners are just plain old getting the boot.
(This is my first article that I have written on Newvine).
Of the 52 million US homeowners with a mortgage, more than a quarter -- nearly 14 million -- are underwater. They owe more on their mortgages than their homes are worth.
"We are actually trespassing, and so this is a way of civil disobedience to try to stay in the house. Legally it's wrong, but homesteading is the only means that she has left to stay in her house.
At first glance it's a gated mansion worthy of a Gilded Age: more than 14,000 square feet with eight bedrooms, 9½ bathrooms, five fireplaces, a pool, a pond, a tennis court and ocean views all nestled amid fields perfect for lavish summer parties.
"Really, I am not very political," Milani said. "The architect just asked, 'How about I build you the White House?' and I said yes. That is the whole story."
MODESTO, Calif.--As a driver for United Parcel Service and an Apple fan, Jeff Maciel is in an interesting position to observe how Central California's San Joaquin Valley is coping with a deepening recession just as Apple moves into the neighborhood.
Top federal regulator says many mortgages that are modified end up in default within 6 months.More than half of delinquent homeowners whose mortgages were modified earlier this year ended up redefaulting within six months, a top bank regulator said Monday.
This is supposed to be the season for a break in home foreclosures, a pause in evictions over the holidays.
Plenty of US judges sentence the most forlorn souls to stand outside Wal-Mart wearing a sandwich board reading "I stole from Wal-Mart"--do bankers merit any less?
Review of policy proposals on the housing crisis
Barack Obama and a kangaroo pull up to a gas station. The gas station attendant takes one look at the kangaroo and says, "You know, we don't get many kangaroos here." Barack Obama replies, "At these prices, I'm not surprised.
The settlement ended a foreclosure action that the banks filed in January against Fisher, who was alleged to have defaulted on loans from La Salle and Associated by failing to make payments of principal and interest since Oct. 1. As of Jan.
The deal could also enable Willy Street Co-op to resume construction on the store it is trying to build on the first level of the 164-unit condominium tower at the corner of Broom and West Mifflin streets.
Phase I of Metropolitan Place, at 360 W.
United States Senate Majority Leader Harry Reid announced Wednesday that he planned to challenge a threatened presidential veto of the recent foreclosure bill.
Inflation's a drag but Stagflation is a nightmare. If you don't know the difference, read this article for a front row seat for the Apocolypse.
The party could suffer in fast-growing exurban counties, where the real estate market is worst. The shift away from the GOP is partly the result of more liberal voters moving into the county from Washington and Democratic suburbs.
There is an increasing number of people interested in buying foreclosure property. The laws that govern this can heavily favor the homeowner and presents great risk for investors if the transaction is not constructed properly.