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The Pre-Foreclosure Property Investors Kit

Big Money in Real Estate Foreclosures

 

How To Profit From The Coming Real Estate Bust
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106 Mortgage Secrets All Homebuyers Must Learn-But Lenders Don't Tell
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Bubbles, Booms & Busts
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Boom Bust: Home Prices, Banking, and the Depression of 2010
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The 2nd Great Depression: Starting 2007, Ending 2020
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Refi Bust: Mortgage Brokers Gone Wild!
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House Poor: How to Buy and Sell Your Home Come Bubble or Bust
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The 106 Common Mistakes Homebuyers Make (and How to Avoid Them)
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The Coming Crash in the Housing Market : 10 Things You Can Do Now to Protect Your Most Valuable Investment
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Pop!: Why Bubbles Are Great For The Economy
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Cash in on the Coming Real Estate Crash: How to Protect Yourself From Losses Now, and Turn a Profit After the Bubble Bursts
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Timing the Real Estate Market : How to Buy Low and Sell High in Real Estate
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Collection Agency Harassment: What the Debt Collector Doesn't Want You to Know
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Debt Collection Secrets: Everything the Debt Collector Doesn't Want You to Know
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Grow Rich with the Property Cycle
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Property Management for Dummies
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How to Invest in Rental Properties: Without Mortgaging Your Soul
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Mortgage Encyclopedia: An Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls
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The First-time Homeowner's Survival Guide: A Crash Course in Dealing With Repairs, Renovations, Property Tax Issues, and Other Potential Disasters
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Federal Reserve Policy Destroys the Value of Your Savings
by 2008 presidential hopeful
Ron Paul

Don't Blame the Market for Housing Bubble
by Ron Paul
. See How Lenders See Your FICO Score.

 

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News Archives
  August 2009

Friday, August 28, 2009

Condos sic judges on owners for back HOA fees

Orlando Sentinel

Here in the land of perpetually overpriced homes, drunk on a little good news - MA

Boston Globe
Housing demand could snag on mortgage insurance Mortgage.freedomblogging.com

How to Understand the Next Mortgage Crisis
There are some troubling new developments in mortgages. Again. The quick and dirty story is that increasingly, people who fall behind on mortgage payments aren't catching up. Here's what that means, why it could change the way we think about how foreclosures will evolve over the next year and what we should be doing about it:

Atlantic Online
Dishonest Realtors Come Clean in Time Magazine
Lasvegassun.com
The House of Your Dreams, Nightmares
AMERICANS aren’t just living the real estate collapse. They’re dreaming it.
NYTimes.com

Housing bottom premature. The clue? Foreclosure pipeline full

Daily Finance
FDIC's 'problem list' of troubled banks tops 400
Marketwatch.com

Barney Frank says Ron Paul bill will pass

Washington Times

In Depth: America's 100 Most Expensive ZIP Codes

Forbes
zips were ranked according to the median home price. Altos based its numbers on homes on the market as of Aug. 14, 2009, using Zoning Improvement Plan codes ...

Brothers, facing foreclosure, sue broker, attorney

Connecticut Post
Thursday, August 27, 2009

More than half of Arizona mortgaged properties now underwater

Inside Tucson Business

Las Vegas Home Sales Led by Foreclosures

TheStreet.com

Beware The False Bottom In Housing

The Business Insider 

Fla. Court Wants Foreclosure Mediation
A Florida Supreme Court panel recommended that all cases involving primary homes be mediated.
WSJ.com


Bernanke's Next Tasks Will Be Undoing His First

New York Times

 

4 Signs Your House Is About to Lose Value
Despite signs that the real estate market is bottoming out, millions of homeowners are likely to find themselves in worse shape within the next two years.
Realestate.aol.com
How Bernanke failed us
Latimesblogs.latimes.com

Loan Modification Misinformation

Examiner.com

Freedom Fighters enjoy landmark win over the Federal Reserve

Examiner.com 
A growing number of Americans are becoming frustrated with the corrupt nature of the Federal Reserve and are supporting Congressman Ron Paul's HR 1207, ..
Tuesday, August 25, 2009

Will the Home Resume Crashing After Tax Credit Deadline?
...But whether the momentum can be sustained when the tax credit goes away is the real question.
Tax credit lifts home sales, but experts worry that will end with Dec. 1 deadline

Milwaukee Journal Sentinel 
More Foreclosures and Falling Prices on the Way in San Diego
... there's plenty of evidence of more foreclosures on the way, which would depress prices, say industry observers. San Diego-area median home prices rose
Foreclosures to Keep Residential Market Down
San Diego Business Journal 

Housing: Still a Long Road to Recovery

BusinessWeek
One problem is foreclosures and other forced sales of homes. The National Association of Realtors estimates 31% of sales were "distressed transactions" in

Economy drowning in underwater homeowners

Chicago Tribune 

Double-Dip Threatens Housing Recovery

Wall Street Journal 

Some saw the housing bubble and sold; trick now is spotting the bottom

Los Angeles Times

California's unemployment rate hits record high
White-collar workers have likewise suffered from the housing crash as thousands of jobs in banking, mortgage processing and real estate sales have vanished. ...

Los Angeles Times

California's housing depression could spread

The San Francisco Examiner 

25 Worst Real Estate Markets In The United States

NuWire Investor 
10 Reasons why there will be no Recovery in 2010
Financialoven.com

THE FEDERAL RESERVE MUST DIE

Nolan Chart LLC

Ladies & Gentlemen, Your 81st Bank Failure Of The Year

The Consumerist


Analyst: Up to 200 more banks may fail in crisis

Forbes

Obama to renominate Bernanke as Fed chief, scrutiny vowed

Reuters 
Thursday, August 20, 2009

Guidelines threaten to derail housing recovery
Two little-known exclusions in the Fannie Mae and Freddie Mac lending guidelines are endangering many of America's newest neighborhoods, preventing homeowners from recovering damages for construction defects and threatening to derail the housing recovery before it gets off the ground.

St. Louis Post-Dispatch 

Study Shows Looming Health Crisis Tied To Nation's Housing Woes

Newsroom America

Southern California Home Prices Fall on Foreclosures

Bloomberg

House 'Under Water'? Do Like the Banks Do and Just Walk Away

AlterNet

US mortgage bond yield premiums rise on Fed angst
For now, the bet is for higher rates. Investors "are still trying to get in front of that trade," Jack Donahue, a managing director in Jefferies & Co's ...

Reuters

How Foreclosure Affects Your Credit Score

Ethiopian Review

A loan modification becomes a nightmare for one unlucky Wells Fargo customer

Examiner.com 

Are Mortgage Companies Artificially Slowing Foreclosures To Boost Balance Sheets?
With mortgage companies facing an overwhelming number of non-performing loans, they may be strategically holding back foreclosures to make their balance sheets look better than they actually are. However, this practice could be hazardous to the economy if the dam breaks on the growing number of foreclosures...

NuWire Investor

Wells Fargo is sued over home equity lines of credit

Los Angeles Times 

Riverside County prices steady in July - CA

North County Times

Deciphering The Good And Bad In US Housing

NuWire Investor
Foreclosures are still very high, making up about one-third of total home sales in June 2009. Housing construction is expected to increase only after the ...
Monday, August 17, 2009


US Housing Market Crash Means Collapse Of The "Ownership Society"

The Market Oracle

The New American Dream: Renting

Wall Street Journal

Report: DC mortgages are $149 billion underwater

Examiner.com 
Too Early For Housing Price Stabilization
Mish's Global Economic Trend Analysis

For bubble-timers, gauging the bottom is personal

Los Angeles Times

Homeowners tell how banks failed to modify mortgages

Centre Daily Times 

No Down Bad Credit Home Loans - 5 Tips

Best Syndication

As Inland home prices fall, affordability range widens - Southern California

Press-Enterprise

Los Angeles school district will sharply raise taxes on property owners

Los Angeles Times 
Friday, August 13, 2009

Foreclosures rise 7 percent in July from June

Daily Camera 

Nevada Leads in Foreclosures Again: Median Price Still Sinking
The median home price in the Las Vegas area fell from $155300 in the first quarter to $141800 in the second quarter, the Realtors said. ...
Report: Nevada tops foreclosure list for 31st month

Las Vegas Sun 

Clock Ticking On $8000 Home Buyer Tax Credit
First-time home buyers and those who haven't owned a home in the past three years are running out of time to cash in on the $8,000 first-time home buyer tax credit. The deadline is November 30. If you don't close on your home...

North American Press Syndicate

WSJ: The Next Fannie Mae - FHA/Ginnie Mae

Forex Hound

Housing Market Stabilizing...and other lies
The decline in housing prices is ACCELERATING, not slowing down. The historic collapse in real estate is ongoing and it is wiping out trillions in homeowner equity making it increasingly difficult for consumers to borrow on the diminishing value of their collateral. This is why foreclosures, defaults and personal bankruptcies are soaring.
Bernanke, Do You Have The Cojones To Raise US Interest Rates?

The Market Oracle

Denver-area home prices down 9.6% in a year - CO

Bizjournals.com

Paul Krugman pays $1.7m for Manhattan apartment
The economist, who reckons that the worst slump since the Great Depression of the 1930s may be ending, isn't confident that he has bought at the bottom of ...

As homeowners head 'underwater,' another housing crisis looms

CNNMoney.com

Why a Housing Rebound Could Take 20 Years

U.S. News & World Report
Buyer wants money back for townhouse "hell"
Dailybusinessreview.com

More US home sellers cutting prices: survey

Reuters

The Federal Reserve Is Immoral
Maybe, just maybe, something will finally be done about reforming (or, as suggested by Rep. Ron Paul, abolishing) this banking cartel - hopefully before the Fed celebrates its 100-year anniversary in a few years.

istockAnalyst.com
Wednesday, August 12, 2009

US housing still hurting

3 News NZ
Home prices fell at a slower rate in the second quarter compared to a year ago, but the persistent high level of "underwater" mortgages was a troubling sign ..

Report: 25% of mortgage holders 'underwater'

USA Today


The Top 10 Places to Sell a Home

ABC News

 

East Bay homes with negative equity could pull down economy - CA
The plunge in home prices has shoved the value of a growing number of houses in the East Bay and neighboring regions under water, ...

San Jose Mercury News

The Strongest US Housing Markets

BusinessWeek

US Home Prices Fall 12.1% In Q2 2009

istockAnalyst.com


Real Housewives of Atlanta Star Loses Home to Foreclosure

Us Magazine 

 

What If the Housing Bubble Never Happened?

BusinessWeek

Fla. population shrinks for first time since WWII

USA Today

The negative home equity nightmare: Housing won't stabilize until 2011

Daily Finance

Who should we believe about our ‘economic crisis’? Peter Schiff, who got it right? Or Art Laffer, who got it wrong?
Watch this youtube video of Laffer and Schiff debating Schiff's prediction of both the housing and financial crisis we are currently experiencing. ...

Creative Loafing Tampa

Subprime troubles worsening, report says

SunJournal.com
Tuesday, August 11, 2009

Underwater Mortgages May Reach 30% by Mid-2010, Zillow Says

Bloomberg

America's Best And Worst Housing Markets

Forbes

Silicon Valley home price declines may spread to higher-end areas - CA

San Jose Mercury News

US Q2 home prices fall, but rate slows: report

Reuters

South Florida a hot spot for 'underwater' borrowers

Sun-Sentinel.com

Home Prices Down in 13 Major Markets

Housing Wire

Fed to dampen rate hike talk, halt Treasury buying

Reuters 
Cash-strapped homeowners are finding short-sales are hard to come by
SunSentenial.com
Fiat Money Created Out of Thin Air: The Bank Bailouts are Unconstitutional
GlobalResearch

IRS warns of First-Time Homebuyer Credit fraud

Boston Globe

Builders Call on Congress to Extend and Enhance Home Buyer Tax Credit

Business Wire

The Next Meltdown Will Come In 2012
The culprit? The Fed, Ferguson says: "Without easy credit creation a true bubble cannot occur. That is why so many bubbles have their origins in the sins of omission and commission of central banks." So the next bubble (and meltdown) is virtually certain, thanks to Washington's $23.7 trillion explosion in debt.

FOXBusiness
Friday, August 7, 2009

Obama mortgage plan aids banks, not homeowners

World Socialist Web Site

Fannie Mae reports $15 billion loss, asks US government (taxpayers) for $11 Billion!

OCRegister

Housing begins to reverse 3-year recession in every US region, but 2nd Half Looks Rocky

Los Angeles Times

Half of all mortgages to be underwater by 2011

BloggingStocks

Southern California median home sales price surges in June

Los Angeles Times 

New wave of mortgage foreclosures may be coming

KTLA

San Jose approves bailout of underwater loans to former police auditor

San Jose Mercury News

A Mortgage Watchdog Group Is Born

New York Times

The future for mortgage brokers: Back to square one?

National Mortgage Professional Magazine

Bernanke Fights House Bill To Audit The Fed
Federal Reserve Chairman Ben Bernanke is strongly opposing a proposal in Congress, which enjoys the support of over half of the U.S. House of Representatives, to audit the Fed.

CBS News 

Mortgage-Bond Yields Rise to Two-Month High; Rates May Climb

Bloomberg

Robert Shiller on Housing Speculators: If You Can Beat 'Em, Join 'Em
Yale economist and financial commentator Robert Shiller, author of Irrational Exuberance, deserves credit for predicting the bursting of the housing bubble. ...

Seeking Alpha
Tuesday, August 4, 2009

End of US housing slump? Not exactly
...And aside from speculators and first-time buyers – lured by depressed prices and an $8,000 (U.S.) federal tax credit – the overall market remains very soft.

Globe and Mail

Housing Remains in Deep Slump Despite Recent Uptick
Yet, brokers and economists are slow to call it a comeback, citing a backlog of foreclosures expected to hit the market this year, a slew of Alt-A adjustable rate mortgages scheduled to reset, and high unemployment.

San Diego Business Journal

Banks Urged to Consider Higher Home-Equity Reserves

Bloomberg
Home prices in 20 large US cities have dropped 32 percent on average since peaking in July 2006, according to the S&P/Case-Shiller index. ...


Bank of America Pays $33 Million to Settle Merrill Bonus Charges

Washington Post 

High-End Homes Frozen Out of Budding Housing Rebound

Wall Street Journal


Double-Dip Recession Still in the Picture: Roubini

CNBC 

 

Housing affordability and minimum-wage earners
Las Vegas Sun
Is the Housing Bottom in, or is this just a Seasonal Uptick?
Mish's Global Economic Trend Analysis

Condo conversion values plummet farthest in housing bust

Palm Beach Post

End the Fed? A not-so-crazy idea.

Christian Science Monitor
Congressman Ron Paul's bill may never pass, but history suggests the US economy would be better off without the Federal Reserve. By George Selgin Athens, ...

Pulte Reports Loss as Homebuyers Prove Hard to Lure

Bloomberg
Monday, august 3, 2009

New wave of mortgage foreclosures may be coming

33 KDAF-TV

South Florida condo conversions collapse

MiamiHerald.com

Revealed: Realtors' incomes

Sarasota Herald-Tribune
Experience counts: The median gross income of a Realtor with two or fewer years of experience was $8100; it was $20700 among those with three to five years ...

Home-price decline's halt may be final, or just pause

Las Vegas Sun


Housing could take another turn downward: Greenspan

Reuters
Obama Is Delaying the Economic Recovery
American Spectator

Realtor economist not ready to call bottom

OCRegister 

How a Housing Bubble Burst Into a Global Financial Crisis

Voice of America 

California's default rate soars to 9.5%

Los Angeles Times
About 1 in 10 Californians with a home loan is now in default, and there's growing evidence that the mortgage meltdown is spreading to ...


75% of Americans agree with Ron Paul: Audit the Federal Reserve

PoliticalLore.com 
 

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Disclaimer: Observations made by the publisher of Real Estate Decline .com / Home Price Bubble .com are made based on gathering articles and data from various news sources.  We are not responsible for errors or omissions of data and news.  All opinions made by the publishers of this web site are not to be taken as investment advise. We recommend everyone to use their own judgment and gather facts regarding their real estate or other financial affairs.