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Latest North Carolina Headlines
- The Foreclosure Crisis Calls for New Caution from New Buyers - Sep 21, 2009
The foreclosure crisis calls for new caution for new buyers because the borrowers were also largely responsible for buying repo homes with loans they did not understand. Another mistake was that they took it for granted that real estate prices could never fall but go on increasing.
- Foreclosure Homes in North Carolina Show Low Levels - Sep 15, 2009
People that study and analyze these things all agree that one of the major contributing points to the decrease of just or three quarters of a percent can be traced back directly to the enactment of the stimulus package that United States President Barack Obama signed into law
- Foreclosures Have Hit the Wealthier Neighborhood Hard - May 18, 2009
Home foreclosures are no longer being confined to the humble neighborhoods of the US. Rising unemployment is driving even the wealthier communities towards economic distress. In fact, property foreclosures increased three times in North Jersey – an address of the decidedly rich[...]
- Foreclosures Have Touched a Record High - May 06, 2009
In the wake of increasing job cuts in the US, foreclosures have touched a record high in the first quarter. This was revealed by RealtyTrac. A sum of 803,489 houses has received a default notice and some were even seized. The number is 24 per cent more than previous year, according to the California-based agency.
- Foreclosures Resulted From Blatant Search for Profits - Apr 29, 2009
Foreclosures resulted from the blatant search for profits by the business lobby when they found that during the last few decades their rate of takings had dropped. The methods they adopted made them more or less successful and they nearly approached the peaks of the 1960’s.


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