Defying the dire predictions of some analysts, home sales in the midwest stayed strong in May according to the report released by the National Association of Realtors on Tuesday, which showed that home prices actually increased over 2 percent in the 11-state region. Although many analysts expected the market to drop dramatically after the April [...]

Short sale scams are on the rise and homeowners in financial duress need to take extra precautions to not become a victim.  To protect themselves, the first step distressed homeowners need to take is to make sure whoever is helping them with a short sale is a licensed Realtor or an attorney in their state.  [...]

Despite foreclosures remaining steady, for the first time in over 2 years there are less homeowners missing their monthly payments according to the Treasure Department regulators. The report had plenty of negatives ranging from a new surge of foreclosed homes starting to hit the market  to the news that new home sales fell 33% to [...]

The federal loan modification program launched by the Obama administration is apparently doing as much harm as good to housing markets in the midwest. According to figures released this week by the Treasury Department, the number of people who have dropped out of the program now exceeds the number who signed up. The program has [...]