Demand For Low-Cost Housing Shoots Up as Foreclosures Spike
Monday, October 04
The US economy is in recession. Unemployment is at its peak. As people lose jobs, even those with very good credit scores are faltering on mortgage payments. Hence, foreclosures have become common. In El Paso, the demand for low-cost housing project is on the rise. People want to take ...
Foreclosures Bringing Families Closer to Form One Unit
Thursday, September 23
Foreclosures are bringing different families to form one unit living under a single roof. When Vicki and John Baertschi tied the knot they found their roof extending its shelter to many members of their extended family. John’s 6 years old daughter lived with them in their ...
Are Modular Homes the Solution to the Housing Crisis?
Thursday, September 16
Can modular homes be the answer we have been looking for to meet the needs of the current housing crisis? While the answer to this question remains to be seen, all signs lead to the affirmative. The homes are efficient, green and attractive. Their construction is fast, because they are ma...
The Domino Effect of Foreclosures
Thursday, September 09
Some pundits said earlier in the year that the economy was correcting itself causing business houses to restock; this in turn led to modest hiring in factories. There were hopes that the wages would lead to spending and more demand. So far hope ha...
Complex Becomes a Part of Repo Homes and Foreclosure Listing
Friday, September 03
Properties meant for commercial purposes are facing their own share of problems since listing of foreclosed and repo homes is on the rise in Charlotee of North Carolina. Of late, EpiCenter entertainment complex, situated in residential area of the city, is facing foreclosure problems....
Government Rescue Plans are Failing Raising Fears of More Foreclosures
Tuesday, August 31
There is now no doubt that the plans of the federal government to stem the tide of foreclosures are failing. It has only managed to postpone the inevitable. The recent figures are speaking for themselves – foreclosures are rushing into market and furtherdepres...