rents tend to be strong and apartment units are priced as a multiple of rent rates or cash flow…..strong markets for apartments. There is an interesting article at yourpropertypath.com about the new amenities available and how an owner might increase rent rates and fill vacancies faster and preseThis week we wanted to take a closer look into the results of the sub prime collapse and how it will affect so many of us. We read that 2 million homes have now foreclosed and we wanted to offer some better understanding of foreclosure. We crawled the web to find some high quality credible stuff on the help now jelling over the pain of 2 million foreclosures and rising.

But first lets take a short look at he current markets as of May 10, 2007

1. MarketWatch: Mortgage applications up as yields fall. The Mortgage Bankers Association (via MarketWatch) said that mortgage applications were up about 3% and almost 20% over last year, indicating healthy activity and helping balance the view that the sky is falling. Obviously a lot of folks still want real estate. It is interesting to note that at the same time yields fell making homes just a little easier to carry.

2. National Multi Housing Council: Investment Returns on Apartments. Demographic trends suggest that demand for apartment living should continue to moderately. In 1990 the value per square foot of a multi family property was $57.07 and by 2003 it had grown to $97.02. When home sales are flat to down rents tend to be strong and apartment units are priced as a multiple of rent rates or cash flow…..strong markets for apartments. There is an interesting article at yourpropertypath.com about the new amenities available and how an owner might increase rent rates and fill vacancies faster and presen

on the help now jelling over the pain of 2 million foreclosures and rising.

But first lets take a short look at he current markets as of May 10, 2007

1. MarketWatch: Mortgage applications up as yields fall. The Mortgage Bankers Association (via MarketWatch) said that mortgage applications were up about 3% and almost 20% over last year, indicating healthy activity and helping balance the view that the sky is falling. Obviously a lot of folks still want real estate. It is interesting to note that at the same time yields fell making homes just a little easier to carry.

2. National Multi Housing Council: Investment Returns on Apartments. Demographic trends suggest that demand for apartment living should continue to moderately. In 1990 the value per square foot of a multi family property was $57.07 and by 2003 it had grown to $97.02. When home sales are flat to down rents tend to be strong and apartment units are priced as a multiple of rent rates or cash flow…..strong markets for apartments. There is an interesting article at yourpropertypath.com about the new amenities available and how an owner might increase rent rates and fill vacancies faster and prese

ions were up about 3% and almost 20% over last year, indicating healthy activity and helping balance the view that the sky is falling. Obviously a lot of folks still want real estate. It is interesting to note that at the same time yields fell making homes just a little easier to carry.

2. National Multi Housing Council: Investment Returns on Apartments. Demographic trends suggest that demand for apartment living should continue to moderately. In 1990 the value per square foot of a multi family property was $57.07 and by 2003 it had grown to $97.02. When home sales are flat to down rents tend to be strong and apartment units are priced as a multiple of rent rates or cash flow…..strong markets for apartments. There is an interesting article at yourpropertypath.com about the new amenities available and how an owner might increase rent rates and fill vacancies faster and prese

ational Multi Housing Council: Investment Returns on Apartments. Demographic trends suggest that demand for apartment living should continue to moderately. In 1990 the value per square foot of a multi family property was $57.07 and by 2003 it had grown to $97.02. When home sales are flat to down rents tend to be strong and apartment units are priced as a multiple of rent rates or cash flow…..strong markets for apartments. There is an interesting article at yourpropertypath.com about the new amenities available and how an owner might increase rent rates and fill vacancies faster and preserents tend to be strong and apartment units are priced as a multiple of rent rates or cash flow…..strong markets for apartments. There is an interesting article at yourpropertypath.com about the new amenities available and how an owner might increase rent rates and fill vacancies faster and present a modern face.

3. NAHB: New Home Sales Tick Up in March in Uncertain Climate. “The increase in home sales for March was quite disappointing, considering the weather-related weakness recorded earlier this year,” said David Seiders, chief economist for the National Association of Home Builders (NAHB).

The sudden tightening of mortgage conditions has had a profound impact on the housing market, and it is hard to know how far the credit pendulum will swing,” Seiders said. “NAHB’s forecast still shows improvements in home sales and housing production by the second half of this year, although these forecasts are subject to an unusually wide range of risk.”

"Since the housing boom went bust last year, sales and prices have gotten hammered by a glut of homes on the market. While home inventories shrank 1.6 percent last month from February and are now down about 3 percent from the record highs hit last July, they're still up 17 percent from a year ago."

Foreclosure: What is it

Foreclosure is the legal proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property immovable property due to the owner's failure to