Foreclosures up, home sales down
Despite the high number of foreclosed properties flooding the housing market right now, both banks and builders in some cases are finding it impossible to sell houses. Reuters reports: “U.S. lenders and builders are turning to professional auctioneers to help them unload the unwanted real estate [...]
Housing and Job Markets Pushing People Toward Alternatives
People everywhere are looking toward alternative choices – from payday loan funding and strategic bartering to rationing out necessities – to weather the current financial storm. In the recession, people want to make ends meet any way they can, and traditional options for funding [...]
The housing market
Installment loans are helping Americans fund homes in a difficult economy. It’s no secret that the number of new constructions, both private homes and commercial buildings, are down. The economy is having a detrimental effect on all industries, but housing is taking a particularly hard hit. Because of [...]
Murano in Philadelphia to hold auction
It’s no secret that the housing market is on the fritz, to put it mildly. Murano condos in Philadelphia, Pa., illustrates the lengths that sellers are willing to go to with its recent decision to auction off 40 of the 178 empty condos in the [...]
Turn that frown upside down, housing market!
Quality of life in America requires a handful of essential elements. Food, clothing and shelter are chief among them. For the economy to recover from the doldrums, however, America needs its housing market to show real gains. Military loans can help service families to [...]
Wrangling a rough market
I do not envy anyone who is trying to sell a house right now. Though the housing market has picked up slightly over the past couple of months, it’s still pretty tough out there.
If you want to keep your house but feel you have to sell it because [...]
Companies merge in housing slump
Pulte Homes Inc. has purchased Centex Corp. The two homebuilders will both benefit from joining their assets now, as the United States is in the worst housing slump since the ’30s. Pulte bought Centex for $1.3 billion in an all-stock deal. The companies now share $1.8 [...]
Your house is not an investment – enjoy it
Your house should not have been bought an as an investment. It should have been bought strictly to live in, to enjoy and to grow your family in. Of course everyone tells you these stories of the huge financial killings they made [...]
Getting the best price in a bad market
One of the tests for when it’s OK to get short-term loans is whether they can actually help you make money.
Now is a terrible time to have to sell your home, as values for housing have sunk so low. But life happens, and [...]
Bank comes forward after criticism
Your online payday loan store keeps you up to date on financial news.
Several weeks ago, a congressional watchdog panel came down hard on the Treasury for its use of the first $350 billion in bailout money. The panel accused the Treasury of not keeping track of [...]
U.S. continues to break records
Homeowners who lost their homes or fell behind on mortgage payments may be comforted to know that no credit check payday loans can help them in times of financial crisis. However, homeowners who are still paying off their houses probably won’t like what I have to [...]