http://www.localareamarkets.com A Real Estate Blog Mon, 08 Mar 2010 23:51:31 +0000 http://backend.userland.com/rss092 en What is a foreclosure and how does it occur? When a homeowner (borrower) is unable to make his/her house payments for a certain period of time the foreclosure process kicks in. Being in this status means the borrower has now lost ownership of the property and the lending company ... http://www.localareamarkets.com/2010/03/foreclosures/ If you are wondering where the best places to buy real estate are - check out my top 5 listed below: 1. Panama City, Florida - Coming in at number one with a 72% predicted gain in the next 5 years! With housing prices that are still reasonably low it is ... http://www.localareamarkets.com/2009/09/the-top-5-places-to-buy-real-estate/ Many weddings take place in July and August including my own. My wedding is 2 weeks away and we have had our honeymoon planned for a long time. For any bride that is getting married in July/August what are your options for honeymoon destinations? One thing is for sure Hawaii is ... http://www.localareamarkets.com/2009/07/where-to-vacation-in-julyaugust/ I am getting married this summer and I am looking for a nice romantic location. One of the places I am strongly considering is San Francisco. With a temperature that never drops below 40 degrees in the winter and never goes over 90 degrees in the summer the weather is ... http://www.localareamarkets.com/2009/06/best-place-to-get-married/ If you are wondering where the best and worst real estate can be found the list below will awnser your questions! Syracuse New York is one of the best real estate areas with an estimated growth of 1.2% Rochester New York comes in at number two with .03% growth Buffalo New York comes ... http://www.localareamarkets.com/2009/05/best-and-worst-real-estate-in-the-united-states/ Which cities are the most overpriced cities to live in? With high housing prices, lofty living costs and unemployment rates among the highest in the nation Los Angeles tops the list of America's most expensive cities. Chicago comes in at number two with a 9.4% metro area unemployment rate and the ... http://www.localareamarkets.com/2009/05/the-top-5-most-exspensive-cities/ With this crazy economy how are the banks doing? Wells Fargo reported a 3 billion dollar gain for there first quarter in 2009! Wells Fargo says it has to do with strong operating results from its acquisition of Wachovia and that lending activity has been brisk. Many are saying that ... http://www.localareamarkets.com/2009/04/how-are-the-banks-doing/ With the current state of the economy is there a ray of hope shining through? According to a recent article found at money.cnn many economists are seeing signs of recovery as early as this summer! Even though New York unemployment is at a 25 year all time high there could ... http://www.localareamarkets.com/2009/04/a-ray-of-hope-for-the-economy/ Unfortunately the economy in its current state is being compared to the great depression of 1873! The great depression started the exact same way as our current economy with the stock market crashing, Wall Street panicking and business shutting down across America. Is it really fair to compare today to 1873? ... http://www.localareamarkets.com/2009/03/the-economy-how-bad-is-bad/ When you think of bright lights and a big city one of the first places that comes to mind is Las Vegas. With the economy the way it is, unfortunately it is at the top of the list for abandoned cities. Las Vegas is an adults play ground if you ... http://www.localareamarkets.com/2009/02/the-top-abandoned-cities/