Struggling To Fill Vacant Homes

There are a number of areas in the country, while having experienced some effects of this situation, are not operating as this article describes Fresno operating. Our nations news media is often not accurately reporting the facts and is contributing to the "mental recession syndrome".  While it is unfortunate, the bailout of California, Florida and other states by the federal government is not...

This article points out the current trend.  Homes sitting vacant, adding to blight, which compounds the problem.  Buyers are waiting for the prices to go down (they have, by 30%), Sellers in distress and selling short or bank owned properties (accounting for 47% of all sales), and the credit crunch surprising even qualified buyers.  This is what we call a "perfect storm", where conditions...