A real estate investment exec and a real estate broker are allegedly at the center of the scam, in which four California mansions were leveraged for millions in ill-gotten gains
The decrease in application volume comes as both the refinance index and seasonally adjusted purchase index fell
It's hard to think of a bright side to the American housing bubble. Many economists and analysts agree that the bursting of the bubble was a major contributing factor to the global financial crisis, which in turn snowballed into an economic avalanche of foreclosures, bank failures, unemployment, and a deep loss of confidence among consumers.
Foreclosures will finally find the market Making predictions regarding the most volatile housing market in American real estate history is no easy task. However, we believe five major stories will dominate industry headlines in 2012. Here are our projections:
And do these principles apply if I Short Sold?