Burnin' Down the House: Foreclosures Spark Arson Fears

This isn't what we meant by "HotPads" people...

To throw another log on the fire (pun intended) of bad news for the real estate world, the Coalition Against Insurance Fraud recently warned that with "untold thousands of homeowners struggling with ballooning subprime mortgage payments, fraud fighters are watching closely for a spike in arsons by desperate homeowners who can no longer afford their home payments."

News reports from Boston to Omaha tell the sad tales of strapped homeowners, who facing foreclosure, choose to light it up like Snoop Dogg in Amsterdam.

We only hope that those investigators don't turn their sights on us, because with hundreds of thousands of homes for sale added in just two months and so many apartments for rent nationwide, HotPads is blazing.