Foreclosure NewsConflicting Results: REOs Up, Defaults Down in JulyThu, 09 Sep 2010 18:39:00 GMT Foreclosure numbers reported by RealtyTrac in July revealed conflicting results as banks repossessed more properties, even while the number of defaulting homeowners declined, reports RealtyTrac Senior Vice President Rick Sharga. At the current rate, the...(read more) Federal funds flow into Oregon in attempt to relieve foreclosure troublesThu, 09 Sep 2010 17:32:00 GMT Federal funds flow into Oregon in attempt to relieve foreclosure troubles September 8, 2010 — The Oregonian Still more federal money is pouring into Oregon in hopes of alleviating the foreclosure problems plaguing homeowners. Maryland wins $6.8M...(read more) $92 million foreclosure opening bid on mall in Lake Havasu City, AZWed, 08 Sep 2010 23:49:00 GMT As another sign of the times, The Shops at Lake Havasu shopping development in Lake Havasu City, Ariz., was recently scheduled for public foreclosure auction with an estimated opening bid of $92,734,713. The estimated opening bid is typically based on...(read more) Fannie Mae tries to stimulate market for foreclosed homesWed, 08 Sep 2010 16:47:00 GMT Fannie Mae tries to stimulate market for foreclosed homes September 5, 2010 — Los Angeles Times If you're a buyer with little cash or a small-scale investor looking for a deal on a foreclosed house, a little-publicized national lending program...(read more) Courts work to clear housing casesTue, 07 Sep 2010 15:52:00 GMT Courts work to clear housing cases September 6, 2010 — HeraldTribune.com When attorneys and judges complain that foreclosures are clogging the courts, this is what they are talking about: roughly 24,000 properties in Sarasota and Manatee counties...(read more) Grammy Winning Singer Goes Through Foreclosure…AgainSat, 04 Sep 2010 00:31:00 GMT She’s sultry, she’s both a talented singer and actor, and she put out her seventh CD titled “Pulse” earlier this year, but Grammy winning R&B artist Toni Braxton has had problems keeping her act together…financially...(read more) Pending Sales Rise 5.2% in JulyThu, 02 Sep 2010 15:20:00 GMT Pending Sales Rise 5.2% in July Reuters via Yahoo, September 1, 2010 Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming...(read more) July 2010 U.S. Foreclosure Heat MapWed, 01 Sep 2010 16:29:00 GMT Here's a heat map showing foreclosure activity in July nationwide, broken down by county. In July we saw a continued pattern of declining defaults even while bank repossessions (REOs) continued to climb from a year ago. Read full July report....(read more) Widespread Fear Freezes Housing MarketWed, 01 Sep 2010 15:02:00 GMT Widespread Fear Freezes Housing Market New York Times, August 30, 2010 You have to wonder sometimes what they’re smoking over there at the National Association of Realtors. On Tuesday, the self-proclaimed “voice for real estate” released...(read more) OC ‘Housewife’ Alexis Bellino Dodges DefaultTue, 31 Aug 2010 22:24:00 GMT Everyone has taken a hit in the Great Recession. Even the rich — and the not so rich. Now comes word that James and Alexis Bellino , the newest cast members of Bravo’s “ The Real Housewives of Orange County, ” recently defaulted...(read more) |
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