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Economists Say Market Is Rebounding

In cities across America, economists are talking about a real estate rebound. This may mean that, come January, the low prices you see today will be a thing of the past.

Thousands of investors are flocking to bank-owned homes in an effort to profit from this unique time in the market.

NOT An FSBO: Bernie Madoff Home On Sale

Since Barnie Madoff won't have much use for his Palm Beach, FL, mansion in the next few years, the U.S. Marshal Service has placed it on the market for a cool $10 Million.

The home, equipped with a $40,000 Steinway piano and a $35,000 Persian rug, will be one of the prize listings of Sotheby's International Realty.

The good news: Proceeds from the sale will go to victims of Madoff's swindles. A small silver-lining for one big cloud.

Time to stop waiting? Home prices may be going back up

According to an article in the Washington Post, reports are showing the market has potentially balanced, and several pundits anticipate home prices to begin their journey up once again. Ken Wenhold, director of Metrostudy’s mid-Atlantic region, says he’s expecting significant – more than 10-percent – year-over-year increases in resale prices to begin this fall.

Foreclosed Watergate Hotel fails to sell at auction

Over 30 years ago, this 251-room hotel was the epicenter of the largest political scandal to rock our nation. In fact, almost exactly 30 years ago, President Richard Nixon was forced to resign his presidency as a result of the ensuing backlash. To this date, every political scandal in the U.S. has immediately been linked to the Watergate by the suffix –gate. Many years after Nixon's time, it was Monica Lewinsky and her alleged affair with President Bill Clinton that drew reporters back to the Watergate.

FreddieMac’s Foreclosure Sale

FreddieMac wants to sell you a home. A foreclosed home, to be exact. And they’re willing to sweeten the deal by covering your closing costs, up to 3.5 percent of the sales price. That means a savings of over $5,000 if you were to buy a $150,000 home!

SmartBuy is a limited-time offer from FreddieMac

1st Time Homebuyer Financing Seminar (WI)

Tuesday, 08/11/2009 @ 6:00 p.m CST. Northwoods National Bank, 1255 Lincoln Street, Rhinelander, Wisconsin, 54501 Northwoods National Bank is holding a seminar for first-time homebuyers.

If you have not owned a primary residence in the past three years, go see what financing options are available to you.

If you are considering buying a home, but are hesitant, go see what Northwoods can do for you. Special programs are available to qualified borrowers with limited down payment. Now is the time for qualified borrowers to purchase a home.

Foreclosures: How to buy a Foreclosed Home

Foreclosures are more common these days, finding a foreclosed property to buy has become a lot easier than it was during the housing bubble. When home prices were increasing in the double digits annually and anyone could qualify for a mortgage , the supply of foreclosed homes was low. Now the the housing bust has arrived in full force, the supply of California foreclosures, Florida foreclosures and Texas foreclosures has gone through the roof. Foreclosures in other states are not that plentiful as those three states but finding one is still easy in any state.

Self-Employed Homebuyers & Flexible Mortgages

Self-employment is becoming increasingly popular. Statistics show that more and more people are choosing to be self-employed in recent times. Being self-employed has its benefits, but it also comes with its own problems.

Real Homes selling for $1,000!

Are you a "project person?" Love all those "HGTV" shows? Want to start investing in real estate? If you've answered "yes" to these questions, this offer may be right for you. CNN Money verifies what HUDForeclosed already knew. Foreclosure properties are selling dirt-cheap and even when you've factored in all the costs of renovation, these properties are amazing deals. Here's an excerpt from their recent article, describing the benefits of investing in "fixer-upper" foreclosure homes:

Arizona may be the Next Foreclosure Hot-Spot

Arizona is apparently revoking some homeowners’ foreclosure protections, according to Tom Lindmark of the WallStreetPit. Take a look: