A market in real estate fraud

Today's low home prices and cheap interest rates may be setting the stage for a new generation of crime

From the January issue: Could today’s seductive conditions in the housing market — severely marked-down prices, record-low interest rates and hundreds of thousands of foreclosures waiting to be resold — be breeding new generations of the very practices that led to the crash?

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In an ironic twist, there are signs that the wreckage left over from the housing bust may be reigniting dubious real estate schemes and fraud. According to researchers: Property flippers are back in action in places like South Florida and Las Vegas, where condo prices crashed but are now seeing appreciation again in some areas. [more]