Tag Archives: Housing Crisis

Obama, Romney on Housing

By now, everyone knows that the economic crisis we continue to slog through was caused largely by shady speculative lending. Despite inflated home prices, people who could not afford mortgages were granted them nonetheless. Many of those mortgages were of … Continue reading

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Beat the Foreclosure Crisis by Sharing

Sadly enough, the home foreclosure crisis isn’t yet over in America. More than one million properties were taken over by banks in 2010 compared to the 100,000 that were seized in 2005 before all of the sturm und drang. Among … Continue reading

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Household Income vs. Housing Prices

Say what you will about the 1970s. You can bash the fashion, criticize the politics, and curse the music all you want, but you could also buy a house for just over $25,000. Ten years later, that figure had tripled to top $75,000. By the time 1990 rolled around, the average home price was right at $150,000. The turn of the century took prices over the $200,000 mark. Continue reading

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Home Foreclosures Continue Amidst Fraud Concerns

Here we are, approaching the end of 2010, and the U.S. housing crisis continues. An onslaught of foreclosures is upon us – September’s number topped 100,000 for the first time ever. Yet, the evictions continue, despite the paperwork involved recently … Continue reading

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How to Benefit from the Housing Crisis

Buying Foreclosures Foreclosures are at an all time high and people are getting scared. One look at the markets over the last few weeks will tell you the tale. Is it possible that a person could actually prosper in times … Continue reading

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