Will Greece be able to get their public debt crisis under control or face complete ruin?

Rents are up 30-60% in Richmond since the crisis.

Since one is not able to see it, then one can get into a financial crisis if the property turns out to be really worthless. 

Banks are evaluating lower to be over cautious to avoid other crisis.

Unfortunately, the house is still on the market -- a buyer backed out 2 days before closing (about 2 weeks ago) because of a family crisis.

Sorry I haven't been on, but family health crisis' happened (parents are elderly and unwell).I hope to find a mentor that deals with passive income very, very soon.

Still, REOs were less than half their peak of 102,134 in September 2010.REOs have increased the most from a year ago in the following states:Florida: +78%California: +23%Texas: +187%Georgia: +87%Michigan: +129%Ohio: +69%New Jersey: +344%Meanwhile, foreclosure starts have fallen to pre-crisis levels and are down annually in 31 states, RealtyTrac reports.

Real estate tends to go in an 18-year cycle with notable exceptions being World Wars and Currency Crisis.

The so-called "rent crisis" was created by strict building regulations, zoning, and NIMBYism.

About your interest in my market: Brazil has entered into a recession and is now fighting against a political crisis, where congress and president can't agree on fiscal adjustments that must be made to "stop the bleed", Not to mention that currency devalued over 50% in the last 18 months (think of inflation in a recession environment), unemployment rise, and interest rate up at 14.25%, hence credit became scarce and expensive.In this light, construction industry, that represents 10% of our GDP, is among the ones that are suffering the most: prices going down, growing unsold inventory (24 months in certain zip codes), etc.