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http://www.fibits.com/A_treasurydept.asp -- Edited by ireporter on Thursday 2nd of April 2009 04:33:03 AM

Retired experts who have driven the mortgage crisis into the ground at Fannie Mae are reporting housing prices in the battered real estate markets as being safe for homebuyers to enter the market again.The amazing fact is that anyone would listen to the likes of Thomas Lawler from Lawler Economic &a...

Optimistic expectations from many experts that we might be nearing a recovery took a hit on Thursday when reports on unemployment and housing sales came in at worse than expected numbers. Some analysts expect the housing crisis to persist until at least the second half of 2009. While layoffs are pea...

Housing starts and permits are on the rise as the home builders market is showing signs of improvement. With the current tax credit coming to an end, the real estate market definitely on the upswing. NAHB Chairman said, "The upcoming expiration of the first-time home buyer tax credit on Decem...

According to the latest statistics, commercial real estate values have fallen approximately thirty-five percent since the latter part of 2007. As of now, there seems to be no stopping the rate of decline, with the month of May dropping over fifteen percent in value. Distressed properties are sa...

Home prices posted an unexpected increase, the first since 2006. The latest signs show that the market is beginning to stabilize. Although the S&P 500's pricing index, of twenty cities, revealed that the average price rose by 1/2 a percent compared to the previous month, it is still down more t...

U.K. lender, Lloyds Banking Group Plc said that bad loans will drop "significantly". The bank had a loss of more than five billion dollars in the first half. However, money was put aside to cover mounting real estate loans. The U.K.'s largest mortgage lender was seeking more than a fift...

Mortgage giant, Freddie Mac, posted their first profit in two years. The news sent shares soaring, up more than ninety percent at one point. In addition, Freddie Mac says they do not need more aid from the government, "at this time". Net income, in the second quarter, for the company was...

The National Association of Realtors says that sales of homes and condos dropped almost three percent in the second quarter, compared to 2008. However, sales did rise almost four percent compared to the previous quarter. NAR Chief Economist Lawrence Yun attributes the $8,000 tax credit, lower...

The Obama administration's plan to stem the foreclosure crisis has yet to have a significant impact. Less than 10% of delinquent homeowners have entered a trial modification program thus far, according to a Treasury report released Tuesday. Answering to criticism of the plans slow start, the adm...

Home Sales in San Diego rise twelve percent compared to the previous year. -- Edited by RLM on Tuesday 25th of August 2009 08:50:33 PM

No one seemed to predict that sales of new homes were going to fall, but that's exactly what happened in September. The news comes after sales showed an increase for five consecutive months. Sales of new homes dropped more than 3.5% with just over 400,000 sold in September, compared to around 417,0...

The latest report suggest that the median price is on the rise, jumping to more than $204,000 compared to the previous month tally of $195,000.

NAR is reporting that there was a surge in home sales for the month of September, due to folks taking advantage of the $8,000 tax credit. The tax credit is due to end in November, unless it receives an extension. This is the fifth month out of half a year where home sales showed an increase. Home sales we...

You can syndicate the article here:

October pricing reports from the Department of Labor last week reported the Consumer Price Index had gained three tenths of a percent in October after a 2 tenths rise the previous month. The gain was slightly more than analysts projections. Core prices were about where the Federal Reserve had expec...

Construction of new homes fell significantly in October as the crippled housing market continues a cumbersome recovery. The seasonally adjusted annual rate of housing starts based on October numbers was less than 530,000, a decrease of more than 10.5 percent compared with September. The number...

US architects reported a rise in the number of new design contracts in October after more than a year of struggling. Not since August 2008, says the American Institute of Architects, has the industry seen this level of business. New architectural contracts are generally used as an indicator of futu...

The home price index rose for the 8th consecutive month, proving that the real estate market in California is showing signs of a recovery. Good news for those who are thinking of selling the home in springtime. Prices on average are up nearly 4 percent compared to a year ago. However, home prices ar...

What's the problem with the real estate market nowadays? After prices plummeted and the rate of foreclosure went through the roof? Now there aren't enough homes for sale in many areas. The Waynesville real estate market has definitely seen better days, but continues to chug along. The average...

....91 out of 152 metropolitan statistical areas1 showed higher median existing single-family home prices in comparison with the first quarter of 2009

Men and women tend to differ on the desirability factor. The latest article points out the differences. The article is located HERE

Government Agencies Becoming a Good Source of Cheap Real Estate Read the article at Day Trending

According to a recent report from RealtyTrac, one of every 138 homes in the US were in in jeopardy of being foreclosed on during the first quarter. More than 932,000 homes were in one phase of the foreclosure process or another, 7 percent higher than the previous quarter and 16 percent more than 2009's...

Clearing up Lending Policies on Foreclosures and Short Sales A lot of homeowners are reporting that lenders are unwilling to allow short sales, even in some cases when the borrower is behind as much as ten months on payments. In fact, if there is apparently any chance of the borrower catching up, lend...

The Commerce Department's report on new home sales in July came out Wednesday and the news was not good. New home sales for the month fell 12.5 percent to the lowest annual sales pace among records dating back to 1963. It re-confirmed the struggles of a housing market which has been treading water sinc...

US home building activity picked up in September, indicating the housing market was heating up before the onset of the developing foreclosure crisis. Commerce Department figures released on Tuesday show that housing starts climbed to a seasonally adjusted annual rate of 610,000 units, the fast...

The banking industry had a tumultuous week, a couple of weeks ago, as concerns over foreclosure practices escalated and JPMorgan Chase reported better-than-expected earnings boosted in part by lower provisioning and reserve releases. As officials from all 50 states announced a joint investi...

A report released Tuesday showed that new home prices in Canada rose slightly more than expected in September, though analysts say the gains came from higher land development fees and housing actually lost more ground in the month. The Statistics Canada new housing price index showed an improveme...

An announcement came Tuesday from a Congressional watchdog group that US banks should undergo stress tests to ensure they have enough money to absorb potential losses stemming from investigations into their foreclosure practices. The Congressional Oversight Panel, which Congress formed in 2...

Major US banks are under fire as foreclosure-related class-action lawsuits against them continue to mount, threatening the fragile industry with billions in potential losses. Executives from a number of the nation's larger financial institutions are in Washington, DC this week defending th...

Calvert Investments, a company that evaluates potential investment opportunities based on environmental and social factors, released a report this week that analyzed the green building practices of the ten largest publicly traded homebuilding companies in the US. The study, which was made pu...

Mortgage Applications Plummet The Mortgage Bankers Association reported Wednesday that mortgage applications plummeted to their lowest level in almost a year as demand has taken a serious hit from six straight weeks of rising interest rates. The group's seasonally adjusted index of applicat...

US home builder sentiment remained at historically low levels in December, providing fresh evidence that the US housing market has a long road to haul in terms of a return to healthy conditions. The National Association of Home Builders / Wells Fargo Housing Market Index, which measures the perce...

Foreclosure Investigators to Settle With Largest Lenders First Iowa Attorney General Tom Miller, who is heading a joint probe by all 50 states into the foreclosure practices of the nation's lenders, said that the investigation will settle first with the five largest servicers in the country. Th...

While the era of get-rich-quick real estate investment may be gone, a new era of increasing wealth long-term by investing in a home is back. A study released by Businessweek.com, using inflation-adjusted data from the National Association of Realtors, shows that in 18 of the 25 largest metro areas...

Canada's Finance Minister Jim Flaherty announced on Monday a tightening of rules governing household borrowing. The new rules will give the Bank of Canada more authority to halt increases in interest rates. Among the changes will be a shortening of the maximum amortization period for governmen...

David J. Stern is a well known Florida attorney whose law firm made millions of dollars during the recent foreclosure boom by processing evictions. Stern eventually took the back-office processing aspect of the firm's business and converted it into a publicly traded company called DJSP Enterpr...

Capital Economics released a report Wednesday predicting that the recent, second downturn in US real estate values will continue throughout 2011. The report also warned that conditions could get even more difficult if a cycle of falling prices and rising foreclosures continues. The second dow...

US Mortgage Rates Fall 3/03/11 The average rate for a 30 year, fixed-rate mortgage was 4.87 percent for the week ending today, compared to 4.95 percent last week. The average for a 15 year, meanwhile, dropped from 4.22 percent to 4.15. Read More

The US Federal Bureau of Investigations is reporting that members of an anti-government group in the Atlanta area is moving into foreclosed homes based on its belief that banks can't own property. Exact numbers are not known, but an FBI spokesman says the number of sovereign citizens taking over h...

Reis, Inc. released data on Wednesday that shows a big surge in net absorptions, despite the fact that there is very little new supply of apartment units. Apartment vacancies dropped 40 basis points, the report showed, to 6.2 percent. It's the biggest drop in apartment vacancies ever recorded....

Cuba announced this week it will begin allowing people to buy and sell homes on the island nation for the first time since the Communist regime took over in 1959. For the last 50 years, Cubans have only been permitted to pass their homes down to their children, or to swap them through an often corrupt an...

Five audits conducted by the U.S. Department of Housing and Urban Development have accused the nation's five largest mortgage servicers of fraud against American taxpayers in their handling of foreclosures bought with government guaranteed loans. The agency conducted five separate investi...

The number of foreclosure filings in the U.S. fell to their lowest level in nearly four years in May as banks began delaying filings due to the massive inventory of distressed properties already on their books. Read the entire article: http://www.westbayre.com/blog/?p=782

A report last issued last week from the National Association of Realtors showed that international real estate investors are taking advantage of near historic-low home prices in the United States. The report showed that $82 billion worth of homes across the nation were purchased in the twelve mo...

Last week's release of the Standard & Poor's / Case-Shiller home price index showed that the freefall in home prices took a breather in April, but analysts caution that it's too soon to say that prices have reached a bottom. The index, which tracks prices in the 20 largest metro areas across the n...

Thanks to the usual spring-time pickup in home sales in the Chicago area, prices rose in the region in May, though that uptick in values has done little to alleviate fears that the nation's housing market will continue to struggle for the remainder of the year. The Standard & Poor's / Case-Shill...

Revival of the US housing market is a vital cog that would help fuel a recovery in the overall economy, yet the topic was consistently absent from this week's debate between Republican Presidential candidates. Despite the debate taking place in Las Vegas, in one of the states hardest hit by the for...

A large group of protesters gathered outside the Boston Harbor Hotel Wednesday as Freddie Mac CEO Ed Haldeman Jr. gave the keynote speech at an exclusive luncheon held by the Boston College Chief Executives' Club. Haldeman was invited to discuss the role of Freddie Mac, the government-run mortga...

Government-run mortgage insurer Freddie Mac indicated this week that it will seek another $6 billion in federal bailout assistance following its worst quarterly loss ever. The mortgage giant posted a comprehensive loss of $4.4 billion for the three months ended September 30th, according to a f...

The US Department of Housing and Urban Development (HUD) announced on Tuesday that Sacramento's Housing and Redevelopment Agency (SHRA) has been awarded a $150,000 Community Challenge Planning grant from the Office of Sustainable Housing and Communities. The grant was included in the highly...

The Occupy Wall Street movement turned its attention to the plight of millions of struggling homeowners Tuesday during a nationwide day of demonstrations against home seizures. Marching behind a banner that read Foreclose on banks, not people, at least 300 protestors worked their way through...

Bank of America agreed to pay $335 million to settle accusations of discriminating against African American and Latino borrowers at its Countrywide Financial subsidiary, which the bank acquired in 2008. The settlement was announced by a spokesman for the Justice Department, which brought the...

According to data obtained from real estate tracker CoStar Group, lenders have been foreclosing on churches in record numbers over the last two years, as the weak economy has caused donations to shrink, making it difficult for religious groups to keep up with mortgage payments. In 2011 alone, 138...

US home builder stocks slumped during Friday's session as a weaker-than-expected earnings report from KB Home sparked fears about the all-important upcoming spring selling season. KB Home reported that new orders fell 8 percent in its fiscal first quarter, fueled by sharp declines in the Sout...

	Forum	Replies	Views	Last Post
Real Estate News Treasury Department Battling With Banks Over Second Liens (Preview)	Real Estate News	0	3296	Apr 2 04:32:32 2009 by ireporter
http://www.fibits.com/A_treasurydept.asp -- Edited by ireporter on Thursday 2nd of April 2009 04:33:03 AM
Real Estate News Bottoms Up (Preview)	Real Estate News	0	2307	Apr 11 04:41:25 2009 by TW
Retired experts who have driven the mortgage crisis into the ground at Fannie Mae are reporting housing prices in the battered real estate markets as being safe for homebuyers to enter the market again.The amazing fact is that anyone would listen to the likes of Thomas Lawler from Lawler Economic &a...
Real Estate News Optimism About Economy Wanes as Unemployment, Home Sales Continue to Fall (Preview)	Real Estate News	0	1927	May 22 14:48:07 2009 by TW
Optimistic expectations from many experts that we might be nearing a recovery took a hit on Thursday when reports on unemployment and housing sales came in at worse than expected numbers. Some analysts expect the housing crisis to persist until at least the second half of 2009. While layoffs are pea...
Real Estate News Home Builders Market Showing Signs of Improvement (Preview)	Real Estate News	0	3081	Jul 22 12:23:14 2009 by TW
Housing starts and permits are on the rise as the home builders market is showing signs of improvement. With the current tax credit coming to an end, the real estate market definitely on the upswing. NAHB Chairman said, "The upcoming expiration of the first-time home buyer tax credit on Decem...
Real Estate News Commercial Real Estate in Worse Condition Than Residential (Preview)	Real Estate News	0	3085	Jul 24 17:23:22 2009 by TW
According to the latest statistics, commercial real estate values have fallen approximately thirty-five percent since the latter part of 2007. As of now, there seems to be no stopping the rate of decline, with the month of May dropping over fifteen percent in value. Distressed properties are sa...
Real Estate News Home Prices on the Rise (Preview)	Real Estate News	0	2890	Jul 31 01:10:56 2009 by TW
Home prices posted an unexpected increase, the first since 2006. The latest signs show that the market is beginning to stabilize. Although the S&P 500's pricing index, of twenty cities, revealed that the average price rose by 1/2 a percent compared to the previous month, it is still down more t...
Real Estate News U.K.'s Largest Mortgage Lender Says Bad Loans Will Drop (Preview)	Real Estate News	0	2797	Aug 5 13:02:01 2009 by newsbot
U.K. lender, Lloyds Banking Group Plc said that bad loans will drop "significantly". The bank had a loss of more than five billion dollars in the first half. However, money was put aside to cover mounting real estate loans. The U.K.'s largest mortgage lender was seeking more than a fift...
Real Estate News Freddie Mac Posts Second Quarter Profit (Preview)	Real Estate News	0	2917	Aug 10 12:57:07 2009 by TW
Mortgage giant, Freddie Mac, posted their first profit in two years. The news sent shares soaring, up more than ninety percent at one point. In addition, Freddie Mac says they do not need more aid from the government, "at this time". Net income, in the second quarter, for the company was...
Real Estate News Home Sales Rise in Second Quarter (Preview)	Real Estate News	0	3068	Aug 12 12:38:01 2009 by TW
The National Association of Realtors says that sales of homes and condos dropped almost three percent in the second quarter, compared to 2008. However, sales did rise almost four percent compared to the previous quarter. NAR Chief Economist Lawrence Yun attributes the $8,000 tax credit, lower...
Real Estate News Foreclosure Prevention Plan Off to a Slow Start (Preview)	Real Estate News	0	2984	Aug 21 01:03:01 2009 by TW
The Obama administration's plan to stem the foreclosure crisis has yet to have a significant impact. Less than 10% of delinquent homeowners have entered a trial modification program thus far, according to a Treasury report released Tuesday. Answering to criticism of the plans slow start, the adm...
Real Estate News Home Sales Rise in San Diego (Preview)	Real Estate News	0	2336	Aug 25 20:24:05 2009 by RLM
Home Sales in San Diego rise twelve percent compared to the previous year. -- Edited by RLM on Tuesday 25th of August 2009 08:50:33 PM
Real Estate News Sales of Newly Built Homes Drop Unexpectedly (Preview)	Real Estate News	0	3113	Oct 28 10:48:39 2009 by newsbot
No one seemed to predict that sales of new homes were going to fall, but that's exactly what happened in September. The news comes after sales showed an increase for five consecutive months. Sales of new homes dropped more than 3.5% with just over 400,000 sold in September, compared to around 417,0...
Real Estate News Median Home Price Jumps Up Month-to-Month (Preview)	Real Estate News	0	2848	Oct 28 10:51:20 2009 by newsbot
The latest report suggest that the median price is on the rise, jumping to more than $204,000 compared to the previous month tally of $195,000.
Real Estate News Existing Home Sales Up Nearly Ten Percent (Preview)	Real Estate News	0	3118	Oct 28 10:39:06 2009 by newsbot
NAR is reporting that there was a surge in home sales for the month of September, due to folks taking advantage of the $8,000 tax credit. The tax credit is due to end in November, unless it receives an extension. This is the fifth month out of half a year where home sales showed an increase. Home sales we...
Real Estate News Existing Home Sales Show Big Rebound (Preview)	Marin County	0	3986	Oct 28 16:48:09 2009 by newsbot
You can syndicate the article here:
real estate news Reports Show Rising Prices, Declining New Construction (Preview)	Real Estate News	0	2165	Jan 27 14:32:13 2010 by newsbot
October pricing reports from the Department of Labor last week reported the Consumer Price Index had gained three tenths of a percent in October after a 2 tenths rise the previous month. The gain was slightly more than analysts projections. Core prices were about where the Federal Reserve had expec...
real estate news New Home Construction Sputters in October (Preview)	Real Estate News	0	2399	Jan 27 14:34:54 2010 by newsbot
Construction of new homes fell significantly in October as the crippled housing market continues a cumbersome recovery. The seasonally adjusted annual rate of housing starts based on October numbers was less than 530,000, a decrease of more than 10.5 percent compared with September. The number...
real estate news Architects Experience Rise in New Contracts (Preview)	San Diego, California	0	3867	Jan 27 14:37:17 2010 by newsbot
US architects reported a rise in the number of new design contracts in October after more than a year of struggling. Not since August 2008, says the American Institute of Architects, has the industry seen this level of business. New architectural contracts are generally used as an indicator of futu...
Real Estate News Home Price Index in California Continues Upward Trend (Preview)	Real Estate News	0	2056	Apr 7 02:16:23 2010 by Mob Rules
The home price index rose for the 8th consecutive month, proving that the real estate market in California is showing signs of a recovery. Good news for those who are thinking of selling the home in springtime. Prices on average are up nearly 4 percent compared to a year ago. However, home prices ar...
Real Estate News Lack of Homes on the Market (Preview)	Real Estate News	0	3480	May 11 11:36:28 2010 by NC
What's the problem with the real estate market nowadays? After prices plummeted and the rate of foreclosure went through the roof? Now there aren't enough homes for sale in many areas. The Waynesville real estate market has definitely seen better days, but continues to chug along. The average...
Real Estate News Home Price Up in More Areas (Preview)	Real Estate News	0	1983	May 26 13:43:33 2010 by NC
....91 out of 152 metropolitan statistical areas1 showed higher median existing single-family home prices in comparison with the first quarter of 2009
Real Estate News What Men & Women Want in a Home (Preview)	La Jolla, CA	0	3324	Jul 12 16:38:10 2010 by La Jolla
Men and women tend to differ on the desirability factor. The latest article points out the differences. The article is located HERE
Real Estate News Government Agencies Becoming a Good Source of Cheap Real Estate (Preview)	Real Estate News	0	2437	Jul 20 18:47:25 2010 by DPJ
Government Agencies Becoming a Good Source of Cheap Real Estate Read the article at Day Trending
Real Estate News The Foreclosure Process In Six Steps (Preview)	Real Estate News	0	2355	Jul 20 23:16:34 2010 by Ron Parks
According to a recent report from RealtyTrac, one of every 138 homes in the US were in in jeopardy of being foreclosed on during the first quarter. More than 932,000 homes were in one phase of the foreclosure process or another, 7 percent higher than the previous quarter and 16 percent more than 2009's...
Real Estate News Understanding Lending Policies on Foreclosures and Short Sales (Preview)	Real Estate News	0	2348	Jul 20 23:20:51 2010 by Ron Parks
Clearing up Lending Policies on Foreclosures and Short Sales A lot of homeowners are reporting that lenders are unwilling to allow short sales, even in some cases when the borrower is behind as much as ten months on payments. In fact, if there is apparently any chance of the borrower catching up, lend...
Real Estate News New Home Sales in July Plunge to Record-Low Pace (Preview)	Real Estate News	0	2345	Aug 25 23:21:35 2010 by Ron Parks
The Commerce Department's report on new home sales in July came out Wednesday and the news was not good. New home sales for the month fell 12.5 percent to the lowest annual sales pace among records dating back to 1963. It re-confirmed the struggles of a housing market which has been treading water sinc...
real estate news home construction home building US Housing Starts Jump to Five-Month High (Preview)	Real Estate News	0	2620	Oct 21 10:58:48 2010 by Ron Parks
US home building activity picked up in September, indicating the housing market was heating up before the onset of the developing foreclosure crisis. Commerce Department figures released on Tuesday show that housing starts climbed to a seasonally adjusted annual rate of 610,000 units, the fast...
Real Estate News Up-and-Down Month for Banks as Foreclosure Crisis Revs Up (Preview)	Real Estate News	0	2502	Oct 27 12:22:39 2010 by Ron Parks
The banking industry had a tumultuous week, a couple of weeks ago, as concerns over foreclosure practices escalated and JPMorgan Chase reported better-than-expected earnings boosted in part by lower provisioning and reserve releases. As officials from all 50 states announced a joint investi...
Real Estate News New Home Prices Up Slightly in Canada (Preview)	Real Estate News	0	2555	Nov 9 14:00:20 2010 by NC
A report released Tuesday showed that new home prices in Canada rose slightly more than expected in September, though analysts say the gains came from higher land development fees and housing actually lost more ground in the month. The Statistics Canada new housing price index showed an improveme...
Real Estate News Congressional Panel Calls For Stress Tests For US Banks (Preview)	Real Estate News	0	2781	Nov 17 14:50:35 2010 by La Jolla
An announcement came Tuesday from a Congressional watchdog group that US banks should undergo stress tests to ensure they have enough money to absorb potential losses stemming from investigations into their foreclosure practices. The Congressional Oversight Panel, which Congress formed in 2...
Real Estate News Foreclosure-Related Class Action Suits Against US Banks Mount (Preview)	Real Estate News	0	3148	Nov 24 11:46:37 2010 by La Jolla
Major US banks are under fire as foreclosure-related class-action lawsuits against them continue to mount, threatening the fragile industry with billions in potential losses. Executives from a number of the nation's larger financial institutions are in Washington, DC this week defending th...
Real Estate News KB Homes Named America's Greenest Builder (Preview)	Real Estate News	0	2516	Dec 12 12:49:59 2010 by Marin Real Estate
Calvert Investments, a company that evaluates potential investment opportunities based on environmental and social factors, released a report this week that analyzed the green building practices of the ten largest publicly traded homebuilding companies in the US. The study, which was made pu...
Real Estate News Mortgage Applications Home Loans Mortgage Applications Plummet (Preview)	Real Estate News	0	272615	Dec 23 23:55:40 2010 by Marin Real Estate
Mortgage Applications Plummet The Mortgage Bankers Association reported Wednesday that mortgage applications plummeted to their lowest level in almost a year as demand has taken a serious hit from six straight weeks of rising interest rates. The group's seasonally adjusted index of applicat...
Real Estate News Home Builder Sentiment Remains Low in December (Preview)	Real Estate News	0	2827	Dec 30 00:08:47 2010 by Marin Real Estate
US home builder sentiment remained at historically low levels in December, providing fresh evidence that the US housing market has a long road to haul in terms of a return to healthy conditions. The National Association of Home Builders / Wells Fargo Housing Market Index, which measures the perce...
Real Estate News Foreclosure Investigators to Settle With Largest Lenders First (Preview)	Real Estate News	0	2726	Jan 5 00:35:10 2011 by La Jolla
Foreclosure Investigators to Settle With Largest Lenders First Iowa Attorney General Tom Miller, who is heading a joint probe by all 50 states into the foreclosure practices of the nation's lenders, said that the investigation will settle first with the five largest servicers in the country. Th...
Real Estate News Homebuying As A Long-Term Investment (Preview)	Real Estate News	0	2369	Jan 7 22:32:08 2011 by coshomes
While the era of get-rich-quick real estate investment may be gone, a new era of increasing wealth long-term by investing in a home is back. A study released by Businessweek.com, using inflation-adjusted data from the National Association of Realtors, shows that in 18 of the 25 largest metro areas...
Real Estate News Canada To Tighten Mortgage Regulations (Preview)	Real Estate News	0	2913	Jan 19 11:19:02 2011 by Marin Real Estate
Canada's Finance Minister Jim Flaherty announced on Monday a tightening of rules governing household borrowing. The new rules will give the Bank of Canada more authority to halt increases in interest rates. Among the changes will be a shortening of the maximum amortization period for governmen...
Real Estate News Cashing In On the Foreclosure Wave (Preview)	Real Estate News	0	2696	Feb 3 12:36:16 2011 by La Jolla
David J. Stern is a well known Florida attorney whose law firm made millions of dollars during the recent foreclosure boom by processing evictions. Stern eventually took the back-office processing aspect of the firm's business and converted it into a publicly traded company called DJSP Enterpr...
Real Estate News US Home Prices to Continue Decline (Preview)	Real Estate News	0	2917	Feb 23 13:53:55 2011 by La Jolla
Capital Economics released a report Wednesday predicting that the recent, second downturn in US real estate values will continue throughout 2011. The report also warned that conditions could get even more difficult if a cycle of falling prices and rising foreclosures continues. The second dow...
Real Estate News US Mortgage Rates Fall - 3/03/11 (Preview)	Real Estate News	0	10521	Mar 5 13:56:59 2011 by coshomes
US Mortgage Rates Fall 3/03/11 The average rate for a 30 year, fixed-rate mortgage was 4.87 percent for the week ending today, compared to 4.95 percent last week. The average for a 15 year, meanwhile, dropped from 4.22 percent to 4.15. Read More
Real Estate News “Sovereign Citizens” Squatting On Foreclosed Properties In Atlanta (Preview)	Real Estate News	0	3708	Mar 12 17:52:10 2011 by Marin Real Estate
The US Federal Bureau of Investigations is reporting that members of an anti-government group in the Atlanta area is moving into foreclosed homes based on its belief that banks can't own property. Exact numbers are not known, but an FBI spokesman says the number of sovereign citizens taking over h...
Real Estate News Mortgage Market Limiting Housing Recovery (Preview)	Real Estate News	0	3356	Apr 8 15:29:23 2011 by La Jolla
Reis, Inc. released data on Wednesday that shows a big surge in net absorptions, despite the fact that there is very little new supply of apartment units. Apartment vacancies dropped 40 basis points, the report showed, to 6.2 percent. It's the biggest drop in apartment vacancies ever recorded....
Real Estate News Cuba to Open Real Estate Market (Preview)	Real Estate News	0	3491	Apr 19 15:54:17 2011 by Marin Real Estate
Cuba announced this week it will begin allowing people to buy and sell homes on the island nation for the first time since the Communist regime took over in 1959. For the last 50 years, Cubans have only been permitted to pass their homes down to their children, or to swap them through an often corrupt an...
Mortgage Crisis Banks Real Estate News HUD Audits Find Banks Defrauded Taxpayers (Preview)	Real Estate News	0	3120	May 24 22:15:46 2011 by Ron Parks
Five audits conducted by the U.S. Department of Housing and Urban Development have accused the nation's five largest mortgage servicers of fraud against American taxpayers in their handling of foreclosures bought with government guaranteed loans. The agency conducted five separate investi...
Real Estate News Foreclosures Fall to 4-Year Low In May (Preview)	Real Estate News	0	2870	Jun 17 10:49:45 2011 by Ron Parks
The number of foreclosure filings in the U.S. fell to their lowest level in nearly four years in May as banks began delaying filings due to the massive inventory of distressed properties already on their books. Read the entire article: http://www.westbayre.com/blog/?p=782
Real Estate News Foreign Buyers Snatching Up Cheap U.S. Homes (Preview)	Real Estate News	0	2791	Jun 17 11:59:49 2011 by NC
A report last issued last week from the National Association of Realtors showed that international real estate investors are taking advantage of near historic-low home prices in the United States. The report showed that $82 billion worth of homes across the nation were purchased in the twelve mo...
Home Prices Real Estate News Home Prices Up Modestly in April (Preview)	Real Estate News	0	2815	Jul 14 00:34:17 2011 by NC
Last week's release of the Standard & Poor's / Case-Shiller home price index showed that the freefall in home prices took a breather in April, but analysts caution that it's too soon to say that prices have reached a bottom. The index, which tracks prices in the 20 largest metro areas across the n...
Real Estate News Chicago Home Prices Up for 1st Time in Nine Months (Preview)	Real Estate News	0	4215	Jul 28 17:32:34 2011 by NC
Thanks to the usual spring-time pickup in home sales in the Chicago area, prices rose in the region in May, though that uptick in values has done little to alleviate fears that the nation's housing market will continue to struggle for the remainder of the year. The Standard & Poor's / Case-Shill...
Real Estate News Housing Policy Conspicuously Absent from Presidential Debate (Preview)	Real Estate News	0	3062	Nov 6 15:16:12 2011 by Marin Real Estate
Revival of the US housing market is a vital cog that would help fuel a recovery in the overall economy, yet the topic was consistently absent from this week's debate between Republican Presidential candidates. Despite the debate taking place in Las Vegas, in one of the states hardest hit by the for...
Real Estate News Protest Launched as Freddie Mac CEO Speaks (Preview)	Real Estate News	0	3071	Nov 6 16:25:13 2011 by La Jolla
A large group of protesters gathered outside the Boston Harbor Hotel Wednesday as Freddie Mac CEO Ed Haldeman Jr. gave the keynote speech at an exclusive luncheon held by the Boston College Chief Executives' Club. Haldeman was invited to discuss the role of Freddie Mac, the government-run mortga...
Real Estate News Freddie Mac to Ask for Another $6 Billion (Preview)	Real Estate News	0	3048	Nov 16 15:01:08 2011 by Marin Real Estate
Government-run mortgage insurer Freddie Mac indicated this week that it will seek another $6 billion in federal bailout assistance following its worst quarterly loss ever. The mortgage giant posted a comprehensive loss of $4.4 billion for the three months ended September 30th, according to a f...
Real Estate News Sacramento Housing Agency Awarded $150,000 HUD Grant (Preview)	Real Estate News	0	3015	Dec 1 21:06:01 2011 by Marin Real Estate
The US Department of Housing and Urban Development (HUD) announced on Tuesday that Sacramento's Housing and Redevelopment Agency (SHRA) has been awarded a $150,000 Community Challenge Planning grant from the Office of Sustainable Housing and Communities. The grant was included in the highly...
Real Estate News Occupy Movement Turns Attention to Housing (Preview)	Real Estate News	0	3484	Dec 14 23:41:28 2011 by Marin Real Estate
The Occupy Wall Street movement turned its attention to the plight of millions of struggling homeowners Tuesday during a nationwide day of demonstrations against home seizures. Marching behind a banner that read Foreclose on banks, not people, at least 300 protestors worked their way through...
Real Estate News Bank of America Settles Borrower Discrimination Charges for $335 Million (Preview)	Real Estate News	0	2937	Jan 26 06:25:24 2012 by Marin Real Estate
Bank of America agreed to pay $335 million to settle accusations of discriminating against African American and Latino borrowers at its Countrywide Financial subsidiary, which the bank acquired in 2008. The settlement was announced by a spokesman for the Justice Department, which brought the...
Real Estate News Churches Feeling the Pinch of the Foreclosure Crisis (Preview)	Real Estate News	0	3344	Mar 13 20:22:16 2012 by Marin Real Estate
According to data obtained from real estate tracker CoStar Group, lenders have been foreclosing on churches in record numbers over the last two years, as the weak economy has caused donations to shrink, making it difficult for religious groups to keep up with mortgage payments. In 2011 alone, 138...
Real Estate News US Homebuilder Stocks Fall on Weaker KB Home Results (Preview)	Real Estate News	0	3898	Mar 24 04:52:11 2012 by La Jolla
US home builder stocks slumped during Friday's session as a weaker-than-expected earnings report from KB Home sparked fears about the all-important upcoming spring selling season. KB Home reported that new orders fell 8 percent in its fiscal first quarter, fueled by sharp declines in the Sout...