The foreclosure plague is moving in on us again…read the blog post below I received from TimandJulieHarris.com  and watch the video! Breaking Housing News! Out just this morning: RealtyTrac just reported that … The number of U.S. homes seized in foreclosure has SOARED 25% TO A NEW, ALL-TIME RECORD HIGH! * 1,200,000 REOs THIS YEAR alone [...]

Well, more government help for people who are in distress.  HUD recently announced they awarded another $1 Billion through its Neighborhood Stabilization Program (NSP).  This is in addition to the $7 Billion in funds already doled out since September 2008.   These fund are proportionately being divided up them the States and their Counties and are ear marked to help [...]

July marked a clear turn in the real estate road….. Existing home sales are dropping (again) , foreclosure filings are increasing and that can only point to a double dip for housing? * 20% FURTHER decrease in property values. * Increase in foreclosures…and even a larger increase in REO listings as banks release their inventory. [...]

25% of existing home sellers have dropped their prices…making paper losses for those owners over 30 BILLION! Bottom line, prices ARE falling again…we ARE in the double dip we have been hearing about. Watch Video to learn more….