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Existing Homes Sales Strong In June Thursday, July 14, 2011 @ 10:58AMThe existing home market in Loudoun County had a good June. While unable to beat total sales in June 2010, the 553 preliminary sales represented a 31 percent gain over May and outpaced both June 2009 and June 2008. Even though June had a strong sales rally, the year-to-date totals are still the lowest in at least six years. By contrast, the 2011 median sales price in Loudoun County continues to ...
Increase in "traditional" home sales drives up median price in Greater Fort Myers Tuesday, July 12, 2011 @ 11:09AMThe percentage of "traditional" sales - those that are neither bank-owned nor short sales - made up 52.34 percent of all transactions involving members of the Realtor Association of Greater Fort Myers during June, 2011.
Explaining Minnesota's high rate of bank-owned sales Tuesday, June 14, 2011 @ 3:31PMIt’s been a ponderous question that has stumped even my smartest sources: While Minnesota has a relatively better economy and a consistently average foreclosure rate, why are foreclosures as percentage of all home sales among the highest in the nation?
Short sales called drag on housing market Tuesday, May 24, 2011 @ 4:53PMMore than 40 percent of short sales fail to close, according to a recent survey by the California Association of Realtors.
Comerica Bank Tower at risk of default Friday, May 13, 2011 @ 12:03PMA $180 million loan on the downtown Dallas building has been transferred to a special servicer.
How To Find The Best Deal In Miami Beach Foreclosure Market Friday, May 13, 2011 @ 9:43AMHardship starts during the economic slump that happen in US. Homes started to fall into foreclosures because homeowners fail to pay their monthly obligations to financial lenders.
Captains of Industry: Chase's vision leads to success as head of Lake Tahoe real estate firm Friday, May 13, 2011 @ 5:13AMShari Chase is president and CEO of Chase International Real Estate. / Tim Dunn/RGJ » Think in terms of unlimited possibilities: Express your creativity. Our knowledge is perhaps what restricts us. If you were to forget what you know, then what would you really be capable of doing?
Snohomish County home prices hit January 2004 levels Thursday, May 5, 2011 @ 4:40PMThe median price of Snohomish County homes sold in April dropped nearly $50,000 from the same month in 2010, as repossessed properties continue to flood the market.
Your Home: How to sell your home in tough times Monday, May 2, 2011 @ 10:39AMIf you're in the market to sell your home, you probably feel you can't catch a break. Nearly five years into the housing bust, when many experts thought the real estate market would at least have stabilized, sales and prices are still dropping in most of the country.
How to sell your house in tough times Monday, May 2, 2011 @ 10:10AMIf you're in the market to sell your home, you probably feel you can't catch a break. Nearly five years into the housing bust, when many experts thought the real estate market would at least have stabilized, sales and prices are still dropping in most of the country.
Realtors tell war stories Sunday, May 1, 2011 @ 9:25AMListening to battle-scarred Realtors talk about all the short-sale funny business, fake landlords, mold-slimed foreclosure properties, bogus real-estate agents and yappin' junkyard dogs makes you wonder how any homes are getting bought and sold at all.
Real estate: Better to own or rent home? Friday, April 22, 2011 @ 12:36AMAfter the steep drop in the housing market revealed cracks in the decades-held belief that there was minimal financial risk in owning a home, does it still make sense to buy a house?
Foreclosure bill cuts public notice Sunday, April 17, 2011 @ 11:00PMNASHVILLE - Bankers are trying to cut how much public notice is required before they can foreclose on homes, drawing fire from an assortment of activists, lawyers and open-government groups.
National business briefs for April 14 Wednesday, April 13, 2011 @ 11:18PMLenders penalized for improper foreclosures
Almost half of all March closed home sales in Twin Cities were foreclosures Tuesday, April 12, 2011 @ 12:34PMNew listings and sales prices both fell as a result of an increase in foreclosure sales and listings.
AP Sources: Republicans ready new stopgap spending bill if needed to avoid government closure Monday, April 4, 2011 @ 10:59AMWe've retooled Autos to bring you the largest used auto inventory in one ultra convenient, easy-to-use site. Get behind the wheel of your dream ride today.
Suspected serial bank robber who wore Obama mask during heists is arrested in Austria Friday, April 1, 2011 @ 6:29AMVIENNA - Austrian authorities say they've arrested a man suspected of robbing a series of banks while wearing a Barack Obama mask. Police say the 45-year-old German man is suspected of carrying out seven heists since 2008, the most recent on Thursday afternoon in the village of Fornach.
State attorneys general negotiate with nation's largest banks in foreclosure crisis Wednesday, March 30, 2011 @ 5:44PMWASHINGTON - State attorneys general and federal officials have held an all-day negotiating session on the nation's foreclosure crisis with the nation's largest banks in an effort to keep more Americans in their homes.
More Hoosier homes sitting vacant, including in Clark County Monday, March 14, 2011 @ 11:43PMIn Clark County, vacant housing units grew to 7.4 percent in 2010 compared to 5.9 percent in 2000.
California man in explosives case pleads guilty to brandishing firearm during bank robbery Monday, March 14, 2011 @ 9:58AMLet us look for you. When a vehicle that matches your specifications is listed, Car Detective will email you.
6 writers shortlisted for British short story award Saturday, March 12, 2011 @ 6:09PMLONDON - Established novelists Hilary Mantel and Gerad Woodward have been shortlisted with four other writers for a British short story prize.
Regulators shut down small banks in Oklahoma, Wisconsin; makes 25 bank failures in 2011 Friday, March 11, 2011 @ 7:16PMWASHINGTON - Regulators have shut down small banks in Oklahoma and Wisconsin, lifting to 25 the number of U.S. bank failures this year after economic distress and soaring loan defaults brought down 157 banks in 2010.
No thaw for February home prices Thursday, March 10, 2011 @ 10:25PMWith an increasing number of foreclosure sales and a decline in overall sales, home prices can't get any traction.
12 indicted in alleged bank fraud conspiracy ring in Minn., Calif., NY, other states Wednesday, March 9, 2011 @ 8:55PMST. PAUL, Minn. - A federal indictment unsealed in St. Paul charges 12 people in what authorities say was a $10 million identity fraud scheme featuring a network of bank employees.
February sales up, prices still lower Tuesday, March 8, 2011 @ 1:06PMPrices are still lower here for homes and condominiums, but the good news is that activity is holding steady. Prices on single family Island homes fell by more than 40 percent last month from February 2010, but more homes sold or are about to be sold at the end of February 2011, according to the latest statistics from the Northwest Multiple Listing Service.
Your housing market: Midtown is center of it all Saturday, March 5, 2011 @ 11:23PMSavannah is a geographic enigma, a small city where you can get anywhere from everywhere, just not quickly. Unless, that is, you live in the residential areas flanking DeRenne Avenue in midtown. The centralized location and period-style homes have long made the neighborhoods commonly known as Abercorn Heights, Lamara Heights, Medical Arts, Kensington Park, Groveland, Oakdale and Fairway Oaks ...
Hundreds of Oregon foreclosure sales stopped after judges' rulings Saturday, March 5, 2011 @ 9:40PMLegal challenges to lenders nationwide have also taken root in Oregon, where sales are being halted or withdrawn.
Friday's Treasury bond market at a glance Friday, March 4, 2011 @ 6:37PMLet us look for you. When a vehicle that matches your specifications is listed, Car Detective will email you.
UBS chief executive to give up 2010 bonus because bank's shares failed to make gains Friday, March 4, 2011 @ 11:22AMGENEVA - The chief executive of Swiss bank UBS will forgo his bonus for the second year in a row because the share price did not increase during 2010, the company said Friday.
Glut of foreclosures drops home prices by 13.6% in county Thursday, March 3, 2011 @ 10:40PMThe sale of foreclosed homes and other distressed properties continued to have a big effect as both sales and prices dropped dramatically in Snohomish County in February.
Summary Box: Strong manufacturing report overshadows bump in unemployment applications Thursday, February 17, 2011 @ 4:09PMBIG JUMP: The Federal Reserve Bank of Philadelphia said its index of manufacturing in the mid-Atlantic region nearly doubled between January and February, helping to push the broad stock market higher.
Silicon Valley real estate: Foreclosure lull ends in Santa Clara County Tuesday, February 15, 2011 @ 6:07PMAfter a two-month decline, foreclosures in Santa Clara and San Mateo counties in January returned to levels that have prevailed since mid-2008.
World Bank report says food prices are at "dangerous levels" after rising 29 percent in a year Tuesday, February 15, 2011 @ 11:24AMWASHINGTON - World Bank President Robert Zoellick says global food prices have hit "dangerous levels" that could contribute to political instability, push millions of people into poverty and raise the cost of groceries.
Share Your “New American Dream” with Rent.com for a Chance to Win Free Rent for a Year! Tuesday, February 15, 2011 @ 8:00AMRent.com, the nation’s No. 1 Internet listing site in the rental housing industry, announces the launch of the “New American Dream” video and essay contest. Owning a home has long been considered a part of the ultimate American Dream, but a record number of foreclosures and the resultant devastation to the economy have caused many Americans to rethink this concept.
Foreclosure filed against gravestone dealer's business location Monday, February 14, 2011 @ 11:26PMPETERSBURG - A bank is foreclosing on the business location of a Petersburg company that is facing complaints from customers who say they paid the firm for cemetery markers that were never delivered.A Richmond law firm that represents BB&T Corp. filed d
Homebuilders starting to see glimmers of hope Sunday, February 13, 2011 @ 11:07PMMaking a presentation before the Home Building Association of Richmond when the news is discouraging is tough.
Groundhog Day Economic Forecast 2011: Optimistic outlook Wednesday, February 9, 2011 @ 4:13AMThe groundhog definitely didn’t see its shadow during a 2011 economic forecast Tuesday at Indiana State University.
Providing context on 2011 Whatcom County economic data Friday, February 4, 2011 @ 5:35PMWith the new year there are some changes to the monthly Market Report.We've been seeking a be
Home builders expect rough ride this year Friday, February 4, 2011 @ 10:11AMThe recession may be over but not for the home-building industry. "The economic recovery in the U.S.
Home sales in county improve in January Friday, February 4, 2011 @ 4:49AMHome sales in Snohomish County rose in January, providing some hope for real estate agents who have survived tough times in recent months. There were 533 homes sold last month, the Northwest Multiple Listing Service reported Thursday. That’s a 7.7 percent increase from January of 2010.
Home builders expect rough ride this year Thursday, February 3, 2011 @ 11:08PMBilled as the "Survivor's Playbook," the event at the Holiday Inn Select drew 360 people in the building and related industries.
Judge rules ex-con competent to stand trial in kidnapping, rape of Jaycee Dugard in California Thursday, February 3, 2011 @ 10:06AMSUV veers off Okla. highway and plunges 80 feet into icy river, killing 3 and injuring 5 - An SUV packed with eight people veered off of an icy highway bridge on Thursday, launching itself off a plowed snow bank and over a guardrail before plummeting more than 80 feet into an icy river.
Short sales, in short Wednesday, February 2, 2011 @ 5:40PMRealtors report two facts that don t go well together: most of the transactions today are short sales; and almost none of their clients understand short sales.
Winter's blast is expected to slightly slow an economy that's been gaining momentum Wednesday, February 2, 2011 @ 10:15AMWASHINGTON - The winter storms that are paralyzing the Midwest after battering the Northeast are likely to slow the U.S. economy only modestly, analysts say.
Bank rates, Jan. 19, 2011 Saturday, January 22, 2011 @ 11:33PMAdventure in the Andes - A hike in Ecuador's Andean highlands - with stops at historic estates along the way - gives travelers an up-close, slowed-down glimpse of a country rich in scenery and culture.
Report: US companies thriving in China, but protectionism, piracy, red-tape obstruct growth Wednesday, January 19, 2011 @ 12:28AMSHANGHAI - The American Chamber of Commerce in Shanghai says China is a crucially vital source of profits for American businesses, but product piracy, red-tape and other regulatory problems remain serious obstacles.
Summary Box: Comerica purchasing Sterling Bancshares in stock deal worth about $1.03 billion Tuesday, January 18, 2011 @ 12:28PMTHE DEAL: Comerica Inc. is buying regional banking company Sterling Bancshares Inc. for stock worth about $1.03 billion in a transaction that will strengthen its presence in Texas.
Clothing seller J. Crew Group settles shareholder suit contesting $3 billion takeover Tuesday, January 18, 2011 @ 10:43AMNEW YORK - Clothing retailer J. Crew Group Inc. says it has settled a shareholder lawsuit challenging its proposed $3 billion takeover by private equity firms TPG Capital and Leonard Green & Partners LP.
Swiss central bank posts $22 billion loss amid rising costs to defend its currency in 2010 Saturday, January 15, 2011 @ 4:49AMGENEVA - Switzerland's central bank says it has lost 21 billion Swiss francs ($22 billion) in 2010 as the currency, considered by investors as a safe haven, rose strongly against the dollar and the euro.
Area closed home sales up 10 percent in 2010, NABOR reports Friday, January 14, 2011 @ 9:22AMThe year 2010 has shown healthy housing market gains in the Naples area according to the Naples Area Board of Realtors, which tracks home listings and sales within Collier County, excluding Marco Island.