Saturday, May 23, 2009

Amid Housing Bust, Phoenix Begins a New Frenzy - New York Times

PHOENIX — Every weekday morning, Lou Jarvis drives the sun-baked suburban streets looking for investment gold: a family that will lose its house in a foreclosure auction within a few hours. If the property looks promising, Mr. Jarvis puts in a bid ..., more 
and When landlords default, renters need to learn their rights - WREG  Renters aren't immune to the heartache of foreclosure. When their landlords default on the mortgage, tenants could be squeezed out of a place to live. But often renters aren't aware of their rights in these situations. "It is extremely confusing ..., more 
and How AP measured the meltdown at the local level - The Sun News  The Associated Press Economic Stress Index combines three economic indicators - unemployment, foreclosures and bankruptcy - as a way of gauging how the recession has affected each of America's 3,141 counties. That measurement is expressed on a scale ..., more 

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