REOs are up

This is not bad news. It’s just more spring cleaning by the banks. The 17-month high in bank repossessions in March corresponds to a 17-month high in scheduled foreclosures auctions in October,” said Daren Blomquist, vice president at RealtyTrac....

Hottest cities for housing

8 of the hottest housing cities are in California L.A. is #8. Not only is it more difficult to buy where homes are moving fastest, the homes first-timers would buy are moving faster compared to middle and higher-priced homes. click here to read the whole...

A different kind of financing option

An alternative to HELOCs: Financing tied to future home appreciation This is not a new idea. Banks used to do this. A small number of companies are now offering it. Basically you are giving up some of the future appreciation for money now without payments.ot a new...