Lately I have been showing Rochester and Rochester Hills real estate to several . Rochester is a nice stable community. Located off I-75 or M-59 it is not too far from the City of Detroit.What I have been noticing is

So you picked out some listings to see now what are you supposed to do as an Metro Detroit first time home buyer? What should you be looking for when you look at these Metro Detroit homes. What makes a

is continuing to be a major problem by city officials. Along with the rising unemployment rate, the increasing foreclosure properties in the city is a perennial headache to city officials.

It would not come as a surprise to industry experts if the number of , would increase in the coming months. This is because banks are heavily burdened with bad loans for home construction.

is still hurting the local housing market in Colorado. In August, home prices dropped by 1.44 percent compared with the same month the previous year. The LoanPerformance Home Price Index (HPI), which include such as short sales and foreclosures, has

Loan modifications could have helped control the spread of if only troubled homeowners could reach lenders easily and on time to save their properties from foreclosures.

continue to clog the market, dragging down home prices and values. Recent data showed that home prices drop slightly by 1.2 percent in August from the same month last year.

A report on the federal government's Home Affordable Loan Modification Program (HAMP) showed that the initiative is not enough to contain the growth of . On its report, the Federal Reserve Board warns that more foreclosures are in the offing,