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Government Tax Foreclosures Sales News

County’s property tax shortfall to be felt locally Friday, July 15, 2011 @ 4:41PMSacramento County Assessor Kathleen Kelleher announced earlier this week that a nearly $40 million shortfall in property taxes could have an impact on revenues for local agencies for the 2011-12 fiscal year that started on July 1.
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 ...
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
Investors revel as housing looks for bottom Friday, July 1, 2011 @ 11:47AMNEW YORK (Reuters) - Tony Alvarez recalls his doubts as he contemplated the wrecked, two-bedroom foreclosed house up for sale 30 years ago with his real estate agent's reassuring hand on his shoulder.
Local foreclosures down, homebuilding up in June Friday, July 1, 2011 @ 11:20AMThe Pikes Peak region's foreclosure picture continued to improve last month, while homebuilding showed a slight gain.Foreclosure filings totaled 242 in El Paso County during June, a nearly 31 percent drop from the same month last year and the fewest number of monthly filings since 229 in...
KB Home Provides Additional Detail on Capital Structure and Liquidity Position Thursday, June 30, 2011 @ 4:56PMKB Home (NYSE: KBH), one of the nations premier homebuilders, today provided the following additional ...
HOUSING: Southwest Riverside County median house price below $200,000 Tuesday, June 28, 2011 @ 6:55PMThe median house price in Southwest Riverside County fell to $197,000 in April, breaking through a $200,000 price floor it maintained for 18 months, according to an analysis of data from the Riverside County Assessor's office by The Californian.
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.
Council sets July 5 vote on city plan Tuesday, June 21, 2011 @ 4:51PMTUPELO - The City Council will vote on the Tupelo Neighborhood Reinvestment Plan on July 5. Council members on Monday said it's time to end discussions on the $15.7 million proposal, which they have debated since its unveiling in March.
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.
Lehigh Valley home sales fall 24 percent from year-ago levels Tuesday, June 14, 2011 @ 6:02PMLehigh Valley home sales fell nearly 24 percent last month from year-ago levels, according to a report , while prices also dipped. The latest figures from the Lehigh Valley Association of Realtors shows a housing market lagging compared to spring 2010, when sales were temporarily driven up by government tax credits.
San Diego home prices, sales fall from one year ago Monday, June 13, 2011 @ 1:01PMUPDATED: The decline follows the same downward trend seen throughout Southern California, which remained in record-low sales territory last month.
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.
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.
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.
Recovery at risk as jobs and housing stumble Wednesday, June 1, 2011 @ 1:23PMFollowing a report Tuesday that home prices have now tumbled further from their peak than during the Great Depression, there was evidence Wednesday that the economic rebound from the worst recession since World War II may be sputtering.
UT economists predict modest growth this year Wednesday, June 1, 2011 @ 12:41PMThe report predicts that most aspects of the state and national economies are rebounding but will not reach pre-recession levels until 2013 or 2014.
Tennessee Economic Forecast: Moderate Growth Wednesday, June 1, 2011 @ 11:12AMKNOXVILLE -- While many aspects of the Tennessee and national economy are on the upward trajectory, others are lagging -- creating a perfect recipe for modest growth. The forecast in the spring 2011 Tennessee Business and Economic Outlook, a report prepared by the Center for Business and Economic Research (CBER) at the University of Tennessee, Knoxville, shows that most aspects of the state and ...
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.
Charlotte-area home prices fall again; down 6.8 percent Tuesday, May 31, 2011 @ 1:19PMCHARLOTTE, N.C. -- Home prices in the Charlotte area fell to their lowest level in March since the real estate bubble burst, part of a double dip in the national housing market fueled by weak sales, continued foreclosures and persistent economic woes, a report released Tuesday shows. Prices in the metro area slid 2.4 percent from February and 6.8 percent from March 2010, according to the closely ...
Home Prices Continue Falling Tuesday, May 31, 2011 @ 11:05AMThe Case-Schiller C-10 index fell 0.10% and is down 2.84% from a year ago. The C-20 is down 3.53% from a year ago.
Official offers bleak outlook for local economy Thursday, May 26, 2011 @ 9:31PMCONYERS — Rockdale County Tax Commissioner Dan Ray offered a bleak picture of the county’s tax digest that shows the local economy still looking for traction to spur a recovery from the recession.
Economist Mark Zandi Still Forecasts a Quicker Housing Turnaround Than Most of His Peers Thursday, May 26, 2011 @ 1:11PMThis week he told a gathering of builders in Chicago that barriers to home purchases are abating.
Go west, young man, where the HST will be cut or killed Wednesday, May 25, 2011 @ 3:10PMB.C. to trim rate if controversial tax survives referendum
We Have Not Hit Bottom, Due To Obama's Policies Wednesday, May 25, 2011 @ 2:54PMWhich is worse, getting trapped in an elevator for hours or being marooned on a deserted island? Most of us, thankfully, will never have to choose – but most might decide that a one-time misfortune is more bearable than prolonged misery.
Roll up the CEO: A loss for Tim Hortons as chief leaves Wednesday, May 25, 2011 @ 11:58AMSchroeder's sudden departure leaves questions unanswered
Gold now the ‘preferred coin of the realm’ amid euro crisis Wednesday, May 25, 2011 @ 10:59AMMore than 'mere commodity,' Dennis Gartman says
Fitch Rates DeSoto, TX GO and CO Bonds 'AA'; Outlook Stable Monday, May 23, 2011 @ 11:40AMAUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA' rating to the following DeSoto, Texas' (the city) limited tax bonds: --$1.37 million general obligation (GO) refunding bonds, series 2011; --$845,000 combination tax and revenue certificates of obligation (COs), taxable series 2011A; --$3.905 million combination tax and revenue COs, series 2011B; The bonds are scheduled to sell the ...
Phoenix-area rental homes dominate housing market Wednesday, May 18, 2011 @ 1:59PMHousing crash is fueling the demand from tenants.
Realogy Expects Continued Improvement in National Existing Home Sale Data Wednesday, May 18, 2011 @ 11:21AMAnticipates a Modest Increase in Its Company-Wide Year-Over-Year Average Sales Price for April and May
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.
Union members arrested after protesting Pulte meeting WITH VIDEO Wednesday, May 11, 2011 @ 5:55PMROMULUS — Seven union members were arrested during a protest outside outside PulteGroup Inc.’s annual shareholders meeting, organized by the Metropolitan Detroit AFL-CIO.
Sacramento-area home prices continue their long decline Wednesday, May 11, 2011 @ 1:44AMAround this time last year, a number of experts said the housing market had finally hit bottom.
Home prices stable in region Tuesday, May 10, 2011 @ 2:00PMBut condo values drop 10%
Home sales down in York County through first four months of 2011 Tuesday, May 10, 2011 @ 12:25PMThere were fewer homes sold in York County when the first four months of this year are compared with the same months last year.
Blackmon: Clear priorities needed for Athens-Clarke budget Tuesday, May 10, 2011 @ 9:27AMIt's that time of year again. Although it seems government budgets are constantly under debate, revision and derision, Athens-Clarke County commissioners must next month adopt a budget for the 2012 fiscal year beginning July 1. They have to grind through the numbers, which can be mind-numbing. The proposed budget is 355 pages long, and it's a complex document, with different funds for different ...
Realtors(R) Working for Tomorrow's Home Owners Today Monday, May 9, 2011 @ 10:50AMWASHINGTON, DC--(Marketwire - May 9, 2011) - Realtors ® from across the country are meeting with legislators, public policy makers and industry leaders this week to address pressing concerns and issues that affect home owners, aspiring home owners and real estate investors everywhere as the Realtors ® Midyear Legislative Meetings & Trade Expo begins.
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.
April figures show steady housing recovery Tuesday, May 3, 2011 @ 10:27AMMANATEE -- Manatee County’s housing market continued to slowly mend last month, despite fewer single-family home sales and lingering weakness in the condominium sector, according to figures released Monday.
Northrim BanCorp First Quarter 2011 Profits Increase 29% to $2.5 Million, or $0.37 per Share Tuesday, April 26, 2011 @ 3:00PMANCHORAGE, Alaska -- Northrim BanCorp, Inc. today reported that net income increased 29% to $2.5 million, or $0.37 per diluted share, in the first quarter of 2011, compared to $1.8 million, or $0.28 per diluted share in the fourth quarter of 2010 and $1.9 million, or $0.29 per diluted share in the first quarter a year ago.
Home Prices Still Falling Tuesday, April 26, 2011 @ 12:36PMThe Case-Schiller C-10 fell 0.23% on a seasonally adjusted basis, and is down 2.60% from a year ago.
Home prices in 'double dip' Tuesday, April 26, 2011 @ 11:08AMHome prices in February sank 3.3% to just above the post-crisis lows reached in April 2009. It was the seventh straight month of declines.
BOK Financial Reports Quarterly Earnings of $65 Million or $0.94 Per Share Tuesday, April 26, 2011 @ 10:44AMTULSA, Okla.--(BUSINESS WIRE)--BOK Financial Corporation reported net income of $64.8 million or $0.94 per diluted share for the first quarter of 2011, up from $58.8 million or $0.86 per diluted share for the fourth quarter of 2010 and $60.1 million or $0.88 per diluted share for the first quarter of 2010. “BOK Financial is pleased to announce a strong start to 2011 with record earnings for the ...
Home prices near 'double dip' - S&P/Case-Shiller Tuesday, April 26, 2011 @ 9:47AMHome prices in February sank 3.3% to just above the post-crisis lows reached in April 2009. It was the eighth straight month of declines.
Some signs of life in housing, credit drought goes on Monday, April 25, 2011 @ 12:01PMCHICAGO (Reuters) - Like an increasing number of well-heeled Americans, the Hodgsons decided it was time to buy a new home, even if most of the U.S. housing market remains in the dumps.
U.S. housing market shows signs of life Monday, April 25, 2011 @ 11:25AMFour years after U.S. housing prices began to nose-dive, signs of life are appearing at the top and the bottom ends of the market. But, a sustained recovery remains far off for the vast middle ground of the U.S. housing sector