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Government Tax Foreclosures Sales News

Who Will Suffer if There's No Debt-Ceiling Deal Thursday, July 14, 2011 @ 7:57AMAre they bluffing? Or could Washington politicians really torpedo the economy by refusing to raise the nation's borrowing limit? The conventional wisdom is that the debt-ceiling drama is mostly political ...
Local home sales, prices tumble in June Thursday, July 7, 2011 @ 1:50PMLast month was another downer for the Colorado Springs-area housing market.New and existing single-family home sales totaled 872 in June, a 4.5 percent decline from the same month last year, according to
Eastern Connecticut single-family home sales down 30 percent Thursday, July 7, 2011 @ 11:23AMSales in the largest segment of the real estate market in New London and Windham counties fell 30 percent during the three months ended June 30 compared with a year earlier, as the end of a government tax credit and weak job conditions curtailed purchasing impulses.
Emotecon: Sales tax gives back a penny Friday, July 1, 2011 @ 10:32PMA weekly roundup of economic news Stocks: After four months of going up and down, the Dow Jo
Would Lake County casino be a boon or merely spur social costs? Monday, June 27, 2011 @ 12:48PMWill a casino have a positive effect on the economy of Lake County? The answer depends on whom you ask. A gambling expansion plan that passed both houses of the General Assembly and is awaiting the governor’s signature would create five new casinos in Illinois, including one in Park City in northeastern Lake County. Supporters of the bill, including state Sen. Terry Link, D-30th, of Waukegan ...
Live Blog: Lennar Sees Improvement Thursday, June 23, 2011 @ 10:05AMLennar executives gathered for a conference call Thursday with analysts to discuss the quarterly results for the home builder. Developments followed along with a live blog.
Home sales hit 2011 low Tuesday, June 21, 2011 @ 11:08PMFewer people bought previously occupied homes in May, lowering sales to their weakest point of the year.
HOUSING: Sales dip in slow May Thursday, June 16, 2011 @ 1:32PMSpring and summer are buying seasons, but no one could tell from May's home sales figures, which were down 15.4 percent compared with May 2010, according to data from the North San Diego County Association of Realtors.
No bottom in sight for home sales in most of South Carolina Thursday, June 16, 2011 @ 2:13AMHome sales in Columbia and statewide are still struggling to find a bottom during a sputtering economic recovery.
Foreclosures, home sales increase locally Thursday, June 16, 2011 @ 1:06AMThe number of foreclosures rose in Frederick County in May, but so did the number of home sales
Not many bright spots seen in local housing sales data for May Saturday, June 11, 2011 @ 9:04AMFor sellers, small bright spot in otherwise gloomy picture The number of home sales in the Baltimore metro area is still falling far short of the tax-credit-fueled days of a year ago, depressing prices to levels not seen in seven years.
More Ohioans renting homes Saturday, June 11, 2011 @ 7:34AMMore Ohioans are renting their homes than a decade ago, with some communities seeing more lessors than homeowners, according to data from Census 2010.
Fitch Affirms Round Lake, IL's Limited Tax Debt Ctfs Series 2003D at 'A+'; Outlook Stable Friday, June 10, 2011 @ 4:13PMNEW YORK--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings has affirmed its 'A+' rating on Round Lake, IL's (the village) $3.38 million outstanding limited tax debt certificates series 2003D. The Rating Outlook is Stable. RATING RATIONALE: --Round Lake's financial profile is sound despite revenue declines and expenditure pressures given conservative fiscal management and ...
Home sales improve in May for Charlotte Thursday, June 9, 2011 @ 9:48PMCharlotte-area home sales improved in May over the month before, new data from the Charlotte Regional Realtor Association show.
Hobbs: Running circuit clerk’s office can be ‘complicated, detailed’ Thursday, June 9, 2011 @ 5:01PMJudge Robert Lewis introduced a familiar face to Benton Rotary Club members during Tuesday’s noon meeting. Lewis said Nancy Hobbs, Franklin County Circuit Clerk deputy and bookkeeper, is a neighbor of his and is married to Larry Hobbs. He recalled her as Nancy Jenkins when the two went to school together. Hobbs said running the circuit clerk’s office is a “complicated, detailed process.”
HOUSING: Foreclosures, defaults continue to slide Thursday, June 9, 2011 @ 12:55AMThe rate of borrowers defaulting on their mortgages fell sharply in May in North San Diego and Southwest Riverside counties, although rates remained high, according to data from ForeclosureRadar.
Robert K. Lifton: Who Will Speak for the Unemployed? Monday, June 6, 2011 @ 9:25AMWe've seen how a relatively small number of passionate people formed the Tea Party, able to impose their views on our country. The 39 million Americans out of work or not working full time constitute a potentially much more powerful force.
Sinking Real Estate Values, Unpaid Property Taxes Worry States Thursday, June 2, 2011 @ 6:24PMMcARTHUR, Ohio -- Falling real estate property values and delinquent taxes are causing increasing concern for local governmental agencies in the Buckeye State.
Will Double Dip In Home Prices Spur New Defaults? Thursday, June 2, 2011 @ 2:40PMA new batch of U.S. housing data confirms what many homeowners know in their guts: Their house values continue to fall, erasing years of built-up equity. And they're the luckier ones.
Tax roll drops for fourth year Thursday, June 2, 2011 @ 6:48AMBARTOW -- Polk County property values took another dip this year, dropping from $26.1 billion to $24.2 billion, a 7.2 percent decline.
Falling Home Prices Squeeze Family, Gov't Budgets Tuesday, May 31, 2011 @ 3:50PMStartling new reports show the U.S. housing market is taking a turn for the worse, putting added pressure on families saving for retirement and on local governments that rely on property tax revenue to stay afloat.
Lowe’s Profit Trails Estimates as Home Projects Curbed Monday, May 16, 2011 @ 7:58AMLowe’s Cos. , the second-largest U.S. home improvement retailer, reported first-quarter profit that trailed analysts’ estimates and cut full-year profit forecast as sagging home values crimped demand for remodeling projects.
Business Highlights Thursday, May 12, 2011 @ 7:17PM___
Why the Housing Crisis Should Make You Bullish Thursday, May 12, 2011 @ 4:50PMBrett Arends: But all this bearish news makes me bullish.
Portland school bond basics: Big bond grabs big attention Saturday, May 7, 2011 @ 12:38PMNo issue on the May 17 ballot has drawn more attention than the question of whether to raise property taxes.
Amazon Plans Fall Apart Wednesday, May 4, 2011 @ 11:01AMPlans for an Amazon distribution center in Lexington County fell apart when the S.C. House rejected a sales tax exemption for the company by a vote of 71 to 47. The vote was a victory for the tea party, Wal-Mart and the libertarian-leaning South Carolina Policy Council and a defeat for unemployed South Carolinians and the economic development officials who negotiated the deal.
Bay home sales skyrocket in month Wednesday, April 27, 2011 @ 7:11AMHome sales in San Mateo County skyrocketed 65 percent in one month and median home prices jumped by 10 percent in the same period from February to March, according to the San Mateo County Association of Realtors.
Volusia property appraiser: Real estate crash ending Tuesday, April 26, 2011 @ 9:41PMThe news seemed too good to be true, so Morgan Gilreath didn't believe it -- at first. But as the Volusia County property appraiser's office kept running the numbers on 2010 property sales and compared them with early figures from this year it was hard to deny an upbeat conclusion.
Local home prices continue to fall Tuesday, April 26, 2011 @ 5:12PMSAN DIEGO -- San Diego housing prices in February fell 1.3 percent compared to the previous month, according to the Standard & Poor's Case-Shiller Home Price Index released Tuesday.
Las Vegas Home Sales Climb To Highest Level In 17 Months Tuesday, April 19, 2011 @ 2:30PMSales of existing homes in Las Vegas rose to the highest level in 17 months with 5,114 closings in March - a 7.6 percent increase from the same month a year ago, SalesTraq research firm reported Tuesday. March sales are just shy of the 5,160 closings in
As Always, New Claims For Unemployment Claim the Economy Still Sucks Friday, April 15, 2011 @ 1:51AMThe market rallied a bit in the afternoon as rising new claims for unemployment missed analyst guesses by somewhere near a fuckton (give or take an asshair or ten), Portugal and Greece saw bond yields rocket up more than applications to LaSalle's MBA program and even more than Kate Upton on the awesomeness scale, and the US government got even closer to banging up against their fictitious debt ...
Sacramento area's March home sales rise a bit Thursday, April 14, 2011 @ 11:50PMArea home sales started off the spring shopping season at a decent clip – at least when compared with last year.
U.S. Stocks Gain Amid Optimism Economy Can Weather Budget Cuts Wednesday, April 13, 2011 @ 2:13PMU.S. stocks rose, halting the longest Standard & Poor’s 500 Index slump since November, as a Federal Reserve report fueled optimism the economy can weather President Barack Obama’s plan to cut spending and raise taxes.
U.S. Stocks Decline as Obama Plans $4 Trillion in Deficit Cuts Wednesday, April 13, 2011 @ 1:28PMU.S. stocks retreated, sending the Standard & Poor’s 500 Index to its longest decline since July, as President Barack Obama planned to cut spending and raise taxes to reduce the deficit.
Fitch Affirms Maricopa County's (AZ) GOs & Lease Revs; Outlook Stable Friday, April 1, 2011 @ 1:58PMAUSTIN, Texas--(BUSINESS WIRE)--During the course of routine surveillance, Fitch Ratings has taken the following rating action on Maricopa County, Arizona: --$156.7 million Public Finance Corporation lease revenue bonds and certificates of participation (COPs) outstanding affirmed at 'AA+'; --General obligation (GO) bond rating (implied) affirmed at 'AAA'. The Rating Outlook is Stable. RATING ...
Fitch Affirms Maricopa County's (AZ) GOs & Lease Revs; Outlook Stable Friday, April 1, 2011 @ 1:43PMDuring the course of routine surveillance, Fitch Ratings has taken the following rating action on Maricopa County, Arizona:
Private Sector Adds 216,000 Jobs in March - Job Hunting? Visit a Car Dealership Friday, April 1, 2011 @ 1:14PMWASHINGTON -- With the economy showing signs of life in a new government report Friday, politicians on both sides sought to claim credit while turning their attention to ways to keep heading in that direction.
HSBC Holdings PLC - Annual Financial Report - 20 of 41 Wednesday, March 30, 2011 @ 11:35AMHSBC Holdings PLC - Annual Financial Report - 20 of 41
S&P: Home prices in San Diego, D.C. 'recovering' Tuesday, March 29, 2011 @ 12:01PMAs most major metros in the S&P Case/Shiller index reflected continued drops in home prices, San Diego and Washington D.C. appear to be doing better, analysts say.
Lennar Posts Unexpected Profit on Cost Cuts, Distressed-Asset Investments Tuesday, March 29, 2011 @ 5:58AMLennar Corp. (LEN) , the second-most profitable U.S. homebuilder last year, reported a surprise first-quarter profit as the company cut costs and added income from its distressed-investing unit.
Pending home sales increase Tuesday, March 29, 2011 @ 4:02AMWASHINGTON — More Americans signed contracts to buy homes in February, but sales were uneven across the country and not enough to signal a rebound in the housing market. Sales agreements for homes rose 2.1 percent last month to a reading of 90.
Spending Up In Feb., A Lot At The Pump Monday, March 28, 2011 @ 4:22PMTax cuts gave consumers more money to spend in February, but much of that windfall went straight into their gas tanks, government data showed Monday. Meanwhile, signed contracts to buy existing homes rose more than expected last month but remain depressed, the National Association of Realtors said.
Spending Up In Feb., A Lot At The Pump Monday, March 28, 2011 @ 4:22PMTax cuts gave consumers more money to spend in February, but much of that windfall went straight into their gas tanks, government data showed Monday.
More People Signed Contracts to Buy Homes in Feb. Monday, March 28, 2011 @ 4:11PMWASHINGTON (AP) – More Americans signed contracts to buy homes in February, but sales were uneven across the country and not enough to signal a ...
More people sign contracts to buy homes Monday, March 28, 2011 @ 2:13PMSales were uneven across the country and not enough to signal a rebound in the housing market.
Home Sales Agreements Up 2.1 Percent In February Monday, March 28, 2011 @ 11:12AMMore Americans signed contracts to buy homes in February, but sales were uneven across the U.S. and not enough to signal a rebound in the housing market. Many buyers canceled after appraisals showed the properties were valued much lower than their initial bids.
New home sales contracts up 2.1 percent last month, trade group says Monday, March 28, 2011 @ 10:35AMContract signings can indicate where the housing market is headed because of the time it takes to complete a sale.
New-home sales plunge in February to record low Wednesday, March 23, 2011 @ 9:49AMSales fell 16.9% from January and were down 28% from a year earlier, the Commerce Department said. New-home sales in the U.S. hit a record low in February and registered their slowest pace, adding to concerns that any recovery in the housing market is still a long way off.
KB Home to test demand for solar power Tuesday, March 22, 2011 @ 8:08PMKB Home will make solar power systems a standard feature in 10 Southern California communities, a move intended to differentiate the homebuilder in a fiercely competitive market.
SELF-SUSTAINING RECOVERY MAY BE AT HAND, GROSVENOR RESEARCH REPORTS Tuesday, March 22, 2011 @ 3:43PM"The long-awaited self-sustaining recovery may be at hand," reported international property group Grosvenor in its first quarter North American Research Report. "Economic forces, particularly employment and consumer spending, are beginning to reinforce one another and create a cycle of growth," said Grosvenor's Ian Anderson. However, Anderson cautioned, a lot of the recent growth has been...