In Category: Detroit Properties  Published: 10:47 24/05/2010
The foreclosure crisis has produced a ripple effect across the U.S. economy, triggering downward pressure on home prices and the national economy. But for the first time in its history, Housing Predic...
In Category: Detroit Properties  Published: 16:20 30/04/2010
Growth in the US is slowly recovering according to HSBC. The preliminary estimate of GDP indicate that the economy grew by 0.8% during the first three months of 2010, which was in line with expectatio...
In Category: Detroit Properties  Published: 14:05 23/04/2010
The federal hard-hit fund is being signifcantly increased, doubling the number of eligible states and adding $600 million to the $1.5 billion already committed to the programme . Instead of housing de...
In Category: Detroit Properties  Published: 10:59 25/01/2010
Housing sales volume figures for November point to recovery on the horizon, with year-over-year gains approaching 50%, and the proportion of foreclosure sales falling. California posted the strongest ...
In Category: Detroit Properties  Published: 13:30 30/12/2009
The plague of foreclosures, compounded by mounting job losses, has translated into declining property tax revenues which is stressing state budgets across the US. Richard Brady of Olive Tree believes ...
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