homes

Do You Live In One Of America’s Most Foreclosure-Ridden Towns?

Posted April 23, 2009 - 12:40 by Paul Michael

Real Estate and Housing, Investment, Consumer Affairs

Foreclosure

I’ve seen several houses in my area go into foreclosure over the last 12 months. The economy and over-inflated housing prices, coupled with predatory lenders and some very bad decision-making, have turned something that was once quite rare into a full-blown epidemic. But some places are having it worse than others; much worse. Do you live in one of those unfortunate towns? You're about to find out.

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Are $1 homes worth buying?

Posted August 14, 2008 - 17:43 by Xin Lu

Personal Finance, Real Estate and Housing, General Tips

dollar bill

This week a story from The Detroit News reported that homes are being listed in Detroit for $1. One particular $1 home sold for cash after being on the market for 19 days. The buyer seems to have gotten the deal of a lifetime, but did she?

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