Emily Rose Newmark's Blog

Million-dollar foreclosures rise as rich walk away...   Five years after the housing bubble burst, America's wealthiest families are now losing their homes to foreclosure at a faster rate than the rest of the country -- and many of them are doing so voluntarily. Over 36,000 homes valued at $1 mil...

Proposed Bill to Speed Up Short Sale Process and Prevent Foreclosure 0THIS NEWS IS MUSIC TO A REALTOR'S EARS!!! To avoid losing homes to foreclosure due to long response times for short sale transactions, three senators introduced legislation to speed up the short sale process. Senators Lisa Murk...