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National Public Radio
Bernanke Warns of More Foreclosures, Despite Aid
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More home foreclosures are coming, Federal Reserve Chairman Ben Bernanke warned on Tuesday. A “vigorous response” is needed.
Read the full story here
Keep this in mind …
- Although high concentrations of foreclosures can be found in certain communities, these neighborhoods are not representative of the state as a whole. Foreclosure rates vary widely between neighborhoods, cities and counties.
- The declining home prices that have resulted from the large numbers of foreclosures in some areas have put entry-level homes within reach of many would-be home buyers who couldn’t afford homes in previous markets.
- There are several private and public initiatives already underway or in the works to help distressed home buyers.
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Buying a Foreclosure in Humboldt County
Clearly we are experiencing unique times in the world of real estate -- that's true nearly everywhere and Humboldt County real estate is no exception. Our staff has years of experience in all facets of real estate this field and we have seen little to match these times.
There are more foreclosures on the market -- and there are foreclosure scams - this is not the time to go it alone if you want to buy a property in foreclosure in Humboldt County.
We know where the properties are, we know the banks, title companies and much more. Call us and we will help you get the best real estate for the money and make sure you have a safe, ethically correct and good buying experience.
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