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Housing market: Foreclosures plunge in first half of 2011 Thursday, July 14, 2011 @ 6:56AMForeclosure filings fell dramatically during the first half of the year as processing delays at the banks, which are strapped with excess inventory of repossessed homes, continued to skew the numbers -- and falsely raise hopes that the housing market is staging a recovery.
As more unable to pay homeowners' fees, associations pit neighbour vs. neighbour Thursday, July 7, 2011 @ 5:09PMThe Inlet House condo complex in Fort Pierce, Fla., was once the kind of place the 55-and-older set aspired to. It was affordable. The pool and clubhouse were tidy, the lawns freshly snipped.
Hometownstations.com-WLIO- Lima, OH News Weather SportsNeighbor vs. neighbor as homeowner fights get ugly Thursday, July 7, 2011 @ 3:06PMThe Inlet House condo complex in Fort Pierce, Fla., was once the kind of place the 55-and-older set aspired to. It was affordable. The pool and clubhouse were tidy, the lawns freshly snipped.
Americans' home equity near a record low Wednesday, June 15, 2011 @ 8:17AMFalling U.S. home prices have shrunk equity so much that the proportion of their homes that Americans actually own is near its lowest point since World War II.
Chinese mount global homebuying spree Tuesday, June 14, 2011 @ 11:15AMFrom Vancouver to Vietnam, Chinese investors are grabbing properties across the world after governments in Hong Kong and Beijing imposed purchasing and financing limits to cool off domestic markets
Chinese on Global Homebuying Spree Tuesday, June 14, 2011 @ 12:15AMChina’s blossoming wealthy and middle classes are finding investment properties and second homes around the world
Chinese Mount Global Homebuying Spree as Governments Squeeze Local Markets Monday, June 13, 2011 @ 2:52PMOn a sunny Saturday in early June, Larry Zhou strolled the floor of a property exhibition in Hong Kong, wondering whether it was time to buy another home -- not in the city, where residential prices have soared 50 percent in the past two years, but maybe in Thailand or Malaysia.
Americans' Equity in Their Homes Near a Record Low Thursday, June 9, 2011 @ 6:17PMWASHINGTON (AP) – Falling U.S. home prices have shrunk the equity Americans have in their homes to nearly the lowest percentage since World War ...
Hometownstations.com-WLIO- Lima, OH News Weather SportsAmericans' equity in their homes near a record low Thursday, June 9, 2011 @ 3:52PMWASHINGTON (AP) - Falling home prices have shrunk the equity Americans have in their homes to nearly the lowest percentage since World War II.
Americans’ home equity keeps falling Thursday, June 9, 2011 @ 3:43PMThe proportion of their homes that Americans own has slipped to 38 per cent - its lowest point since the Second World War
US: Net worth grew 1.65 pct. in the first quarter of 2011, but home equity is near record low Thursday, June 9, 2011 @ 2:52PMWASHINGTON - Falling U.S. home prices have shrunk equity so much that the proportion of their homes that Americans actually own is near its lowest point since World War II.
Americans' home equity near a record low Thursday, June 9, 2011 @ 12:04PMWASHINGTON -- Falling home prices have shrunk equity so much that the proportion of their homes that Americans actually own is near its lowest point since World War II.
Home ownership levels are on the decline. What does that say about the American dream? Tuesday, June 7, 2011 @ 9:08PMFROM CNN's Jack Cafferty: More than two-thirds of Americans say they have achieved the American Dream or will do so at some point in their lifetime according to the Pew Economic Mobility Project. But a new report out today says one crucial part of the American dream is no longer a reality for many Americans: [...]
Treasure Valley Foreclosures Fall Friday, May 6, 2011 @ 11:21PMExperts say a new level of pricing stability is slowly coming to Idaho's housing market, and that type of stability includes more competitive market prices for Idaho homes.
Ahead of the Bell: New-home sales Monday, April 25, 2011 @ 6:07AM(AP:WASHINGTON) Sales of new homes likely rose in March. But the increase is not expected to signal momentum for the struggling housing sector in the midst of possibly its worst year since the government began keeping data almost a half-century ago.
Champlin reviews updated work plan priorities Wednesday, April 20, 2011 @ 1:21AMCity Administrator Bret Heitkamp gave an overview of the city's 2010 work plan priorities at the April 11 Champlin City Council meeting.
Rip Off That Housing Band-Aid & Dump All The Foreclosures On The Market Wednesday, March 30, 2011 @ 9:55AMWhen companies want to liquidate a product, they discount it more and more heavily until buyers can't resist the lower prices and the product disappears. It's time to think about implementing that strategy in housing. According to CoreLogic, there are about 1.8 million homes in foreclosure around America. That's a whopping 9 months of inventory sitting empty. Put another way, if no more ...
New-home sales slowest in 50 years Wednesday, March 23, 2011 @ 7:15PMAmericans are on track to buy fewer new homes than in any year since the government began keeping data almost a half-century ago.
Home construction stagnant Wednesday, March 23, 2011 @ 6:31PMWASHINGTON - Home construction in the United States is all but coming to a halt.Americans are on track to buy fewer new homes than in any year since the government began keeping data almost a half-century ago. Sales are now just half the pace of 1963 -
Bay Area housing market in neutral; investors, cash buyers active Wednesday, March 23, 2011 @ 1:59AMBay Area home sales held at a poky pace in February as the median sale price fell below the year-ago level for the fifth consecutive month.
Senators Seek to Keep Americans in Homes Thursday, March 3, 2011 @ 6:16PMA group of 18 U.S. senators, led by Jeff Merkley (D-OR) and Olympia Snowe (R-ME), urged government agencies Thursday to take action to prevent foreclosures and help families keep their homes.
Kane-Elgin HOME group wants to address more affordable housing Thursday, March 3, 2011 @ 5:18PMThe Kane-Elgin HOME Commission doles out federal funds targeted at affordable housing creation and rehabilitation. It's hoping for $1.25 million this year.
Home Prices Fall Again Tuesday, February 22, 2011 @ 12:05PMThe Case-Schiller C-10 index fell 0.36% on a seasonally adjusted basis, and is down 1.22% from a year ago.
Home loans in default drag on Tuesday, February 22, 2011 @ 3:39AMThe average U.S. borrower in the throes of foreclosure hasn't made a mortgage payment in 17 months, up from nearly 11 months two years ago -- and the time frame might get even longer.
Foreclosures outpacing last year Thursday, February 3, 2011 @ 11:10PMForeclosures continue to climb in Cherokee County, with 2011 already outpacing last year. There are 427 foreclosures advertised today in the Cherokee Tribune, the county's legal organ. That's a m...
Fannie and Freddie's Big Foreclosure Backlog Wednesday, February 2, 2011 @ 12:34AMThey have more homes than they can sell—and as the backlog builds, the housing market could suffer
HMN Financial, Inc. Announces Fourth Quarter Results, Deferral of Dividends on Preferred Stock and Annual Meeting Wednesday, January 26, 2011 @ 10:30PMHMN Financial, Inc. :
Foreclosure means not leaving home for 673 days Tuesday, January 18, 2011 @ 3:29PMTampa Bay homeowners can get away with not paying their mortgage payments for about 285 days before lenders even begin to take the house back.
December home sales rebound from November low Tuesday, January 18, 2011 @ 12:50PMHome sales in December were down from a year earlier, although they bounced upward from November's near-record lows in Ventura County and throughout Southern California, a real estate information service reported Tuesday.
End in sight for foreclosure epidemic? Thursday, January 13, 2011 @ 9:06AMThe foreclosure crisis continued across South Florida in 2010, but housing analysts and legal experts disagree on whether sorely needed relief is coming in 2011.
Banks lose on appeal of foreclosures Tuesday, January 11, 2011 @ 5:14PMThe highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo Co. on Friday in a pivotal mortgage foreclosure case that could spark more turmoil and uncertainty in a housing market already mired in depression.
Will Mass. Mortgage Ruling Boost Home Prices? Tuesday, January 11, 2011 @ 3:38AMA number of market watchers and housing analysts are saying that a recent real estate ruling by the Massachusetts Supreme Court could be a big boon for the housing market.
Facing scrutiny, banks slow pace of foreclosures Saturday, January 8, 2011 @ 8:25PMFacing scrutiny, banks slow pace of foreclosures
Banks Become Reluctant to Foreclose Saturday, January 8, 2011 @ 6:41AMInvestigations into the way banks foreclose on delinquent homeowners have contributed to a sharp slowdown.
Banks lose on appeal of foreclosures Saturday, January 8, 2011 @ 2:02AMThe highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo Co. on Friday in a pivotal mortgage foreclosure case that could spark more turmoil and uncertainty in a housing market already mired in depression.
Trash Out Company REO RESQ Founder Frank Patrick Explains How Property Preservation Companies Continue To Prosper Friday, January 7, 2011 @ 8:57PMScottsdale, Ariz. January 7, 2011 In a recent article by Frank Patrick, one of the countrys top property preservation and trash out experts, Frank writes about how it looks like there will be an agreement between the major banks and the attorney generals in all 50 states to improve the foreclosure process, making it clear that there will continue to be a huge demand for property preservation...
Banks Become Reluctant to Foreclose Friday, January 7, 2011 @ 6:11PMFederal and state investigations into the way banks foreclose on delinquent homeowners has contributed to a sharp slowdown in foreclosures across the country.
Real estate - Nonprofits getting first shot at bank foreclosures Thursday, January 6, 2011 @ 12:21AMPHOENIX — Francisco and Pam Cruz maneuvered around boxes of new flooring and open cans of paint as they surveyed the foreclosed Phoenix house they would soon call their own.
10 resourceful real estate tips for 2011 Tuesday, January 4, 2011 @ 5:00AMFollow these tips to ensure a smooth move when you buy or sell a home.
Stock market near best December since '91; Amazon patents pre-emptive gift exchange system Wednesday, December 29, 2010 @ 7:49PMStock market near best December since '91; Amazon patents pre-emptive gift exchange system
10 resourceful real estate tips for 2011 Monday, December 27, 2010 @ 5:00AMBe smart when you buy or sell a home in 2011. Follow these tips to ensure a smooth move.
Local rental market fares well during recession Monday, December 20, 2010 @ 10:45PMVacancies held fairly steady, and rents may be on rise soon.
Foreclosure mistakes strike many Friday, December 17, 2010 @ 4:49PMChristopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled to his front step, a U.S. marshal's sedan was peeling out of his driveway.
Wrongful Foreclosures Puzzle Homeowners Wednesday, December 8, 2010 @ 3:21PMMost foreclosures involve homeowners who have stopped paying their mortgage. But a new species of homeowner is getting pushed into foreclosure hell -- people who paid their mortgages on time, but find themselves suddenly told by their banks to pay up even when they don't have a loan.
Twice bitten? Second Crestone resident claims fraud Monday, November 22, 2010 @ 10:24AMAnother Crestone resident, Wooddora Eisenhauer, says that she, like her neighbor Bruce McDonald, has been victimized by banks’ predatory foreclosure practices.
House Key Federal Way pays off for first-time homebuyers Sunday, November 21, 2010 @ 3:05AMFederal stimulus money helped place 11 families into Federal Way homes that were previously foreclosed.
U.S. banks, regulators hit on foreclosures Thursday, November 18, 2010 @ 11:44AMPressed by lawmakers to explain how they allowed faulty paperwork problems to fester into a controversy
US politicians hit banks, regulators on foreclosures Thursday, November 18, 2010 @ 11:24AMRepublican warns against allowing foreclosure delays. 18 Nov 2010 12:05 PM
Lawsuits over foreclosure mess flood Utah courts Tuesday, November 16, 2010 @ 8:25PMLawsuits over foreclosure mess flood Utah courts By Tom Harvey The Salt Lake Tribune Updated Nov 16, 2010 10:45PM MDT Dozens of lawsuits are pending in courts in Utah, alleging irregularities by banks and other companies in the home- foreclosure process. More than 100 lawsuits are active in federal court alone and more are awaiting action in state courts as homeowners and their attorneys legally ...
State AGs And Banks Prepare Fraudclosure Settlement, Bailout Number Two For BofA Imminent Tuesday, November 16, 2010 @ 3:25PMCNBC's Diana Olick reports that the investigation into the biggest financial fraud in recent history is about to be shelved: the reason, state AGs are nearing a settlement with banks, which will slap a few wrists, will see banks put some lunch money in a settlement fund, will result in some principal reductions, and everything will be well again, as banker bonuses surpass 2009 levels (as noted ...