Buying a Home Foreclosure News: Hot home market a blessing and a curse - Yahoo! News

Hot home market a blessing and a curse - Yahoo! News: "Rising home values may be making some homeowners wealthy, but lofty prices are creating a financial strain on many Americans stretching to buy a home.
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Roughly one in eight of U.S. households now devote at least half of their income to housing costs, says a study by Harvard University's Joint Center for Housing Studies. One in three
devote a third of their income to housing, a tad more than banks prefer. (Related charts: What the housing market means to you)
The median price of an existing single-family home rose 7.7% to $184,100 last year, the study said."

Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Buying a Home Foreclosure News: Study indicates ripple effect on cities from home foreclosures

Study indicates ripple effect on cities from home foreclosures - Yahoo! News: "MINNEAPOLIS -- City governments inevitably endure some of the costs associated with home foreclosures, but exactly how much has been anyone's guess, until now.
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According to a new study entitled 'Collateral Damage: The Municipal Impact of Today's Mortgage Foreclosure Boom,' the foreclosure of a single-family home, especially one that leaves the home vacant and unsecured, may, in some cases, generate direct municipal costs on cash-strapped public agencies in excess of $30,000 per property"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.