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AP: Western States Lag in Recovery Tuesday, July 19, 2011 @ 4:22PMWASHINGTON (AP) – Western states hit hardest by the housing crisis are feeling the greatest economic stress two years after the recession ended,...
'Indian consumers still most bullish globally' Sunday, July 17, 2011 @ 10:33PMIndia's score in the Nielsen Global Consumer Confidence Index fell 5 points from the previous quarter to 126.
Challenges facing America's least-tainted large bank Sunday, July 17, 2011 @ 10:03PMUnder CEO Jamie Dimon, J.P. Morgan Chase weathered the financial crisis well. But it is too big?
Gazette.Net: NewsWatch:?Foreclosure filings plummet in first half of year Friday, July 15, 2011 @ 12:10AMThe rate of foreclosure filings in Maryland in the first half of the year plunged 54.0 percent from the second half of 2010 and 68.5 percent from a year earlier, according to new data from RealtyTrac of Irvine, Calif.
Alone in a battle over her loan Friday, July 15, 2011 @ 12:03AMVera Johnson, 42, the owner of the Village Green Perennial Nursery in West Seattle, is on the brink of losing her home and her business.
Lawyer Indicted, Offshore Accounts, Groupon, Data Breaches: Compliance Thursday, July 14, 2011 @ 11:29PMTheodore L. Freedman, a former bankruptcy partner with the international law firm Kirkland & Ellis LLP, was indicted yesterday for understating his income by $2.1 million from 2001 to 2004.
Foreclosure notices down in Ventura County, state, nation Thursday, July 14, 2011 @ 2:05AMThe first half of 2011 had significant decreases in foreclosures from last year. Across the nation, foreclosure filings in the first half of this year were down 25 percent from the last half of 2010 and down 29 percent from the first half of 2010, foreclosure-tracking firm RealtyTrac reported today.
Emergency Homeowner Loan Program made available to Texas Thursday, July 14, 2011 @ 1:57AMIn a turbulent time in the housing market, some homeowners will receive some government relief.
S. California median home price drops in June Tuesday, July 12, 2011 @ 2:45PMThe Associated Press The Associated Press LOS ANGELES Southern California's struggling housing market is sending mixed signals, with gently rising home prices still below their year-ago levels, a tracking firm reported Tuesday. The region's median price dipped 5 percent last month to $285,000 from June 2010, its fourth consecutive year-over-year decline in as many months, San Diego-based ...
Surprise! School taxes up in many Macomb districts and MCC Tuesday, July 12, 2011 @ 6:14AMMacomb Community College and more than a dozen local school districts across the county have quietly boosted property taxes, and officials blame the increase on the same dramatically lower property values that have caused cash-strapped homeowners to deal with foreclosures and “under water” mortgages.
Housing sale numbers rise; average prices kept falling Monday, July 11, 2011 @ 7:39PMRACINE COUNTY - More homes in the area are selling, but on average they're selling for less.
Elias: State's recovery depends on housing industry Monday, July 11, 2011 @ 7:29PMThere's one big reason why foreclosure reforms that strongly encourage banks to redo loans for 'underwater' homeowners are a must for California, and soon:
Room for Debate: Hanging on to Houses Monday, July 11, 2011 @ 7:14PMThe program to give mortgage relief to struggling homeowners has failed. How can it be fixed in way that's fair to owners and taxpayers?
Economics Dept. Too: Real Estate Sales Down Monday, July 11, 2011 @ 3:21PMForeclosure slaes in metro Detroit rose in June from year-ago levels while non-foreclosure sales plunged, according to new figures from the Farmington Hills real estate information form Realcomp II Ltd.
U.S. 10-Year Yield Slides to July Low on Greece, U.S. Outlook Monday, July 11, 2011 @ 3:06PMTreasuries rose, pushing 10-year note yields to the lowest level this month, as Europe’s sovereign-debt crisis intensified and before data this week forecast to show the U.S. economic recovery is slowing.
Metro area existing home sales fall 15.5% through June Monday, July 11, 2011 @ 2:56PMSales of existing homes fell 15.5% through the first half of 2011 while average sale prices continued to retreat, a report released Monday shows.
Foreclosures Are the Solution, Not the Problem Monday, July 11, 2011 @ 2:48PMNEW YORK (TheStreet) -- Former Federal Deposit Insurance Corp. Chairman Sheila Bair made some excellent points in her Washington Post Op-ed piece Monday but overlooked one important point: The U.S. needs to double down on foreclosures. To the former regulator, forgiveness is the answer. Bair said that the banks had showed a "stubborn refusal to deal head-on with past-due and underwater mortgages ...
Research on Pulte Homes Inc. and KB Home - Residential Construction Still Hurting Monday, July 11, 2011 @ 8:17AMJOHANNESBURG, SOUTH AFRICA--(Marketwire - Jul 11, 2011) - www.stockcall.com/ offers investors comprehensive research on the Residential Construction industry and has completed analytical research on Pulte Homes Inc. ( NYSE : PHM ) and KB Home ( NYSE : KBH ). Register with us today at www.stockcall.com/ to have free access to these researches.
8,687 homes empty in Jackson County; one in seven houses are vacant in city Monday, July 11, 2011 @ 7:45AMWhen Marry Hurt looks at the empty houses on her mother’s street, she wonders what could be done with them.There are several. Some have boarded-up or broken windows and doors. Grass and weeds in the yard of another grow to...
Pending home sales up in county, but prices still low Monday, July 11, 2011 @ 7:44AMPending home sales in Snohomish County rose dramatically in June, prompting at least one industry leader to suggest the region's housing industry may be rebounding.
GIVING Sunday, July 10, 2011 @ 7:21PMFundraisers and charitable donations from companies and people
Jobless Rate Continues To Inch Up Sunday, July 10, 2011 @ 6:48PMThe country's jobless rate inched up this past week.
Rock County home construction hits new low Sunday, July 10, 2011 @ 4:10PMWhile area homebuilders thought last year’s level of new construction was about as low as it could go, they’re finding a new basement in 2011.
Data show tiny rise in South Florida home prices Friday, July 8, 2011 @ 7:38PMSouth Florida home prices rose a miniscule 0.6 percent during the first six months of 2011, according to Clear Capital. (Sun Sentinel, file) At the halfway point of 2011, the predicted slide in home values in South Florida has not materialized, at least by one estimate that looks back at pricing trends over the first six months of the year.
Sales of $20-million-plus L.A. homes are rising Friday, July 8, 2011 @ 7:33PMReal estate experts and agents say the uptick in mega-estate sales may portend a turnaround in the broader housing market. A diamond-encrusted lining is emerging in Southern California's cloudy real estate market.
Data show tiny rise in South Florida home prices in first half of 2011 Friday, July 8, 2011 @ 7:33PMAt the halfway point of 2011, another predicted slide in home values in South Florida has not materialized, at least by one estimate that looks back at pricing trends over the first six months of the year.
I-Team: New Law Targets Trashed Foreclosed Homes Friday, July 8, 2011 @ 5:37PMAlmost every neighborhood has a foreclosed house that looks worn down, with weeds in the front yard, and a sickening green pool. But now, leaving a foreclosure in ruin will be a crime thanks to a new state law. Inside, a slideshow on one home left in shambles.
GOSSIP: Today's Wall Street Buzz in 60 Seconds Friday, July 8, 2011 @ 4:59PMGreenlight's latest investor letter is out, and David Einhorn had much to say on the crisis in Greece, but kept his Ben Bernanke slamming relatively contained, and asked why S&P is waiting to downgrade the U.S.
Las Vegas home sales surge in June as prices continue to fall Friday, July 8, 2011 @ 11:33AMThe demand for bank-owned properties in June spurred a jump in Southern Nevada home sales to one of its best levels in history.
Fraudclosures, I Mean Foreclosures, in Alabama Friday, July 8, 2011 @ 9:29AM"So far in Alabama I don't know of anybody that's been foreclosed on that shouldn't have been," Strange said. That was Luther Strange's comment in the Birmingham News today discussing the proposed $20 billion settlement among the States Attorneys General and the banks involved in the foreclosure mess. Wow! Really? Is he kidding? I am currently handling about ten cases, and I know of attorneys ...
Housing Price Drop Is Far Less if Distressed Properties Aren't Counted Wednesday, July 6, 2011 @ 3:44PMIn the five-plus years since the housing bubble burst nationwide, home values have dropped precipitously, dragged down by record numbers of foreclosures.
Foreclosures half what they were last year Wednesday, July 6, 2011 @ 3:23PMThere were half as many foreclosures filings in Hernando County during the second quarter of this year compared to the same period last year.
Taking Another Look At Auto Stocks Wednesday, July 6, 2011 @ 3:05PMThe automotive manufacturers in the U.S. may be on their way to recovery.
Hunt upbeat as she lists Lumbee challenges Wednesday, July 6, 2011 @ 9:50AMPEMBROKE — In her first State of the Tribe address, Lumbee Chairwoman Sharon Hunt on Tuesday described a tribe with a bright future despite some hurdles to overcome, including acquiring federal re...
Florida economy slowly recovering Wednesday, July 6, 2011 @ 9:32AMStill, in an economic overview it released recently, the office included a page headlined: “Economy Slowly Recovering.”
Hazelett says Henrico is faring well Wednesday, July 6, 2011 @ 8:44AMHenrico County Manager Virgil Hazelett told county business leaders this morning the state of the county is good, particularly when compared to the nation's.
Save Your Money By Buying Home In Miami Foreclosure Market Wednesday, July 6, 2011 @ 8:39AMIt is really great idea of buying a home that promises you a lot of money that is left on your pocket. You will only do this if you are going to deal with that home in Miami foreclosures.
Storms lead to mosquito problem in areas of county Tuesday, July 5, 2011 @ 6:37PMBY CHRIS ZAWISTOWSKI Staff Writer Strong scattered thunderstorms and standingwater have helped forms pockets of mosquitoes in Middlesex County. “Right now we have certain areas where there are so many mosquitoes,” said John Kranz, executive director of the Middlesex County Mosquito Extermination Commission . read more
$1.2 million mansion for $10K? Tuesday, July 5, 2011 @ 3:27PMHere in Florida, the Foreclosure State, we thought we'd already cataloged every genus responsible for this plague on all our houses, from the predatory lenders to the oblivious robosigners and rocket dockets to the no-mod-for-you bank Nazis. That was, until we caught wind of the HOA chasers.
6 Tips for Success at Real Estate Auctions Monday, July 4, 2011 @ 4:21PMRISMEDIA, July 5, 2011—With foreclosures flooding the real estate market, many property buyers and investors are hitting the auction circuit looking to capitalize on the next great deal. For those that are new to the auction block, there are a…
TRENDING: Romney sticks to Obama criticism, despite naysayers Monday, July 4, 2011 @ 2:21PM(CNN) - Republican presidential candidate Mitt Romney repeated his campaign line that President Obama has made the economy worse in...
Bankruptcies in isles continue decline Saturday, July 2, 2011 @ 6:44AMBankruptcy filings in Hawaii were down 25.6 percent in June, continuing a trend that has seen the filings drop six out of the last seven months. For the first half of this year, 1,843 cases have been filed, down from 2,022 at this point last year.
Housing Market on the Rise Saturday, July 2, 2011 @ 6:27AMThe housing market is hurting nationally, but it appears to be marching toward recovery in a handful of mostly rural states, economic forecasters say. The states — including North Dakota, South Dakota, Iowa and Alaska — have economies more dependent on the energy, industrial or agricultural sectors, stronger parts of the U.S. economy.
Brandon couple caught in HOA foreclosure Saturday, July 2, 2011 @ 3:54AMBy Kris Hundley and Susan Taylor Martin, Times staff writers Friday, July 1, 2011 Ron and Angela Zappia are in a tight spot. Angela has lung cancer that has spread to her liver. Ron has asthma and a lung disease believed to be related to his volunteer work at the World Trade Center site after the terrorist attacks of Sept. 11, 2001. The couple, who moved from New Jersey to Brandon in 2006, fell ...
Local economy mired in slump Saturday, July 2, 2011 @ 3:17AMDana Cole/San Pedro Valley News-Sun As the nation's economic recovery slowly moves along, Arizona is starting to see a few scattered positive signs, more than what is happening at the local level, says Robert Carreira, director of the Cochise College Center for Economic Research.
ASU realty professor Jay Butler retires Saturday, July 2, 2011 @ 2:19AMHis long-running research as director of the school's real-estate studies program made him the pre-eminent voice on the real-estate industry.
Contracts to Buy Homes Rose Sharply in May Wednesday, June 29, 2011 @ 4:16PMWASHINGTON (AP) – The number of people who signed contracts to buy homes rose sharply in May. But the influx of spring buyers wasn't enough to s...
States with highest and lowest foreclosure rates Wednesday, June 29, 2011 @ 4:12PMThe Associated Press Home foreclosures continue to put pressure on the housing market. Here's a snapshot of which states have the highest and lowest foreclosure rates. U.S. foreclosure market data by state -- May 2011 — 1/every X housing units Properties with foreclosure filings Percentage of total filings in U.S. States with highest concentration — — — Nevada 103 11,039 5.1% Arizona 210 13,122 ...
Anoka County history: Helping hands in Linwood Township Wednesday, June 29, 2011 @ 4:04PMby Maria King Nearly every night the television news is filled with stories of corporate greed, fraudulent schemes, foreclosures and “dog-eat-dog” business decisions that ruin lives and decimate communities.
Hopeful rips at Obama: Rep. Bachmann kicks off run in Waterloo, Iowa Monday, June 27, 2011 @ 11:13PMWATERLOO, Iowa -- The U.S. House of Representatives is a notoriously poor launching pad for presidential ambitions, but Rep. Michele Bachmann, R-Minn., who formally kicked off her campaign Monday in the town where she was born, enters the contest for the 2012 Republican nomination with several strengths.