Sunday, March 05, 2006

Housing Market Cools; Foreclosures Heat Up

nbc4.com - News - Housing Market Cools; Foreclosures Heat Up: "Experts said the once red-hot housing market is starting to cool, meaning home foreclosures are on the rise. But the news isn't bad for everyone.
Home repossession men recover homes after a bank foreclosure.
Kevin McFalls owns a Baltimore based property eviction service. He said the number of home repossessions he has overseen in the Washington area is starting to increase and that's good for business.
According to McFalls, after an extremely slow year of repossessions in Montgomery and Prince George's counties once every few weeks, his company now takes over homes in those counties several times a week"
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