Insight: Evidence suggests anti-foreclosure laws may backfire
Insight: Evidence suggests anti-foreclosure laws may backfire
By Tim Reid, Reuters, June 27, 2012
State and federal laws enacted to protect homeowners from eviction in the wake of the 2008 housing crash may be extending the slump, according to a growing number of economists and industry experts.
The Best Places to Live in 20 Years
By Daren Blomquist, RealtyTrac Vice President, June 27, 2012
I enjoyed the opportunity to write a guest column for Business Insider’s GREAT DEBATE feature, “Where Will Americans Be Living In 20 Years” in which several folks in the real estate industry offered their opinions on what part of the country would become a real estate hot spot over the next two decades. In an article titled “The Rustbelt Is Poised for A Comeback” I cast my vote for five cities in the Great Lakes region: Milwaukee, Chicago, Indianapolis, Detroit and Cleveland.
Foreclosures a Big Factor in Stockton’s Pending Bankruptcy
By Joel Cone, Staff Writer, June 27, 2012
A 6-1 vote by the city council of Stockton, Calif., Tuesday has cleared the way for the city to file for Chapter 9 bankruptcy protection as early as today.