Thursday, May 11th, 2006
Business News in Brief
North County Times - LA JOLLA —- First-quarter foreclosure activity in the state jumped to its highest level in two years, including a nearly 60 percent rise in San Diego County, a real estate information service reported Tuesday. “A number of factors are driving
ForeclosureS.com: Mortgage Defaults on the Rise in West and Southwest
dBusinessNews.com - SACRAMENTO — ForeclosureS.com, a California based real estate investment advisory firm and nationwide publisher of foreclosure property listings, reported today that foreclosure activity in the first quarter of 2006 increased significantly from the
California Issues ‘’Top 10 Scams'’ for 2006
dBusinessNews.com - SACRAMENTO — The state Department of Corporations (DOC) today identified the Top 10 Scams for 2006 that Californians should be aware of to protect themselves from fraud. The release of the information coincides with the California Summit on
O.C. woman fights for limits on taking land
Orange County Register - Since the Supreme Court backed eminent domain seizures of private property to allow private development, several Orange County cities have passed laws that bar use of the power. Some agencies, including the county, are pursuing ballot measures on the
Barrington Homes subcontractors file lawsuits
Orlando Sentinel - Unpaid subcontractors have filed foreclosure lawsuits against 29 home buyers in two Apopka subdivisions being developed by troubled home builder Barrington Homes, whose former chief executive was recently arrested by federal agents and accused of
Mortgage defaults on rise in West, Southwest
Sacramento Business Journal - Mortgage foreclosure activity in the first quarter of 2006 increased significantly from the fourth quarter of 2005 in several western and southwestern housing markets, according to a report released Monday. ForeclosureS.com , a Sacramento-based real
County sees spike in mortgage default warnings
Santa Cruz Sentinel - SANTA CRUZ The number of California homeowners who received mortgage default notices increased in the first quarter to the highest level in more than two years, a real estate research firm said Tuesday and Santa Cruz was among the list of
Counting the cost
Columbia Daily Tribune - Noelle Babich holds daughter Jordyn, 3, as Chris Babich holds 4-month-old Kylie yesterday at their home. A Columbia firefighter and Boone Hospital Center paramedic, Chris Babich faces deployment in July to Iraq with the Army National Guard, prompting
Video: Wake County Seeing High Percentage Of Home Foreclosures Wake
WRAL - RALEIGH, N.C. — In Wake County, an average of 80 homes are foreclosed on each week. “It’s at least 50 percent of an increase in the last five years. Five years ago, there would have been half the foreclosures there are today,” said attorney Timothy
Video: Ticket Holders Upset Over Charity Raffle Some Ticket Holders
Kansas City Channel - KANSAS CITY, Mo. — Some people paid $1,000 apiece for a chance on a dream home with the money benefiting spinal cord research. But in the end, the charity lost money, the raffle house became mired in debt and the winner is known to only a handful of
Investor, government battle over ‘improper’ land transfers
CBC News - Manitoba’s land registry office is trying to stop homeowners from unwittingly selling their houses to an investor who seeks out people in financial trouble and offers them last-resort financing. Richard Boon searches public documents at the land
Posted 2006-05-03 06:28:49.0 by dawnal
Safe Haven - I am not sure that the eager buyers you see are going to be there. Certainly they have lots to work on in Phoenix, for instance. Inventory is over 10 times higher now than it was a year ago. Sales have fallen. No sign of eager buyers there. South
Eight NHP clients file suit against agency
Fort Wayne Journal Gazette - Eight clients of the Fort Wayne Neighborhood Housing Partnership have sued the non-profit agency, alleging it sold them homes at grossly inflated prices and set them up for failure. The suit, filed Friday in Allen Superior Court, alleges fraud
Don’t invest too much in new economy
Summit Daily News - FRISCO - Offering both half-empty and half-full scenarios about state and national economic affairs, Tucker Hart Adams docked in at Frisco Wednesday, cautioning her audience about investing too much belief in a so-called new economy. President of the
Tale of two communities Decatur flood buyouts continuing
Decatur Daily Democrat - Mayor Fred Isch announced Thursday that the city has now purchased 17 properties as part of this year s flood mitigation program. In addition, offers to purchase will be be made on 12 other properties by the middle of May, and two other property