With just over 1,050 homes in some stage of the foreclosure process during the first three months of the year, Rhode Island s relatively small market is flooded with foreclosure properties. Many blame the fact that homeowners who get into trouble with defaults now cannot sell or refinance their homes for anything close to what they originally paid for it due to sinking property values. home values have been falling steadily each month for over a year now, and are expected to continue to do so well into 2008, which will only make it harder for homeowners and contribute to rising foreclosures.

home for Rent – Mount Clemens, MI….Price – 950.00
   28 ALTER MOUNT CLEMENS, Michigan 48043 3 bedroom 1 baths 1 Car, Detached Garage 1,155 Square Feet MT. CLEMENS School District Location: N of CASS, W of GROESBECK WEST OFF GROESBECK, NORTH OF CASS Cute bungalow on quiet end street! Eat in kitchen w/ raised panel oak cabinetry & appliances. Freshly painted, neutral decor. Hardwood flooring in livrm & 1st flr bdrms. 1st floor laundry w/ washer & dryer. Large 2nd flr bdrm. lrg deck in fenced backyard. Detached garage with loft for storage. Small pets okay.

Hawaii Foreclosures Rising, Officials Searching for Solutions
While Hawaii foreclosures haven’t been among the worst in the country, April of 2008 showed a 218% increase over the totals of foreclosure in April of 2007, and officials are expecting the foreclosure inventory in the state to get worse as the year goes on.