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Homes For Sale News

May 23rd, 2006

Banking exec named receiver for non-profit 
Fort Wayne Journal Gazette - May 23 1:16 AM
Indiana Attorney General Steve Carter announced Monday that former Indiana Secretary of State William Salin will be in charge of securing the assets and records of the Fort Wayne Neighborhood Housing Partnership.Save to My Web

Mayors Build Gives Family New Home 
gazettes.com - May 18 8:56 AM
It is ceremonially being called the Mayors Build, but for the Nunez family, it simply means the chance for them all to live under one roof. Currently three of the four family members father Gambino, and daughters Lizbhet and Sandra live in a converted garage in Long Beach.Save to My Web

Letters to the Editor - 5/19/2006 
North County Times - May 19 5:39 PM
A series of mosaic sculptures are now visible at the new Pine Avenue Park in Carlsbad. It is definitely worth one’s while to drive down Hoover Street and see these beautiful representations of local flowers.Save to My Web

Madison County News… 
MainStreet Newspapers - May 18 6:36 AM
Notice of Sale Notice of Sale Under Power State of Georgia County of Madison By virtue of Power of Sale contained in Deed to Secure Debt from H. GRADY WILMOT AND MARTHA WILMOT, hereinafter GRANTORS, in favor of AMERICAN GENERAL FINANCIAL SERVICES, INC., dated the 18th day of June, 2003, and recorded the 27th day of June, 2003, in Deed Book 589, Page 121, Madison County, Georgia Records; Said Deed Save to My Web

Funding mixed on lost homes 
The Charlotte Observer - May 19 12:21 AM
Charlotte’s proposed budget for 2007 provides no new money to prevent the loss of homes to foreclosure, a problem striking Mecklenburg County harder than any other part of the state.Save to My Web

Bay Area home sales, price rise slows 
Silicon Valley/San Jose Business Journal - May 18 12:15 PM
Bay Area home sales in April dropped to their lowest level in five years while prices slowly reached a new peak, according to a report on Wednesday.Save to My Web

State stays No. 1 in foreclosures 
The Pueblo Chieftain - May 18 7:03 AM
DENVER - Colorado posted the highest foreclosure rate in the nation for the second month in a row in April, the result of what one expert calls a perfect storm of debt, unsold homes and bankruptcies. A report released Tuesday by RealtyTrac Inc. of Irvine, Calif., found 3,706 homes in Colorado were in foreclosure in April. That equals one of every 494 households; the national average is Save to My Web

Colorado hangs on to dubious No. 1 ranking — home foreclosures 
Casper Star-Tribune - May 21 1:08 AM
DENVER (AP) — Colorado has posted the highest foreclosure rate in the nation for the second month in a row, the result of what one expert calls a “perfect storm” of factors that include debt, unsold homes and bankruptcies.Save to My Web


May 18th, 2006

Loans to low-income residents under fire
Peoria Journal Star, IL - May 15, 2006 Ownership Program, designed to help working but low-income people purchase homes. predatory lending” and say they increase the chances of mortgage foreclosure.

Arizona Sees April Decline In Foreclosure Activity According To
Yahoo! News (press release) - May 13, 2006 said Bankaci whose foreclosure leads arrive two to three weeks ahead of the competition. “Many people who used ‘creative’ financing to purchase homes will find

NH foreclosures up; mortgage rates drop
The Union Leader, NH - May 12, 2006 to make their mortgage payments and seeing banks foreclose on their homes. The Registry Review tracks foreclosure notices in all the newspapers in the state.

Arizona Sees April Decline In Foreclosure Activity According To
PR Newswire (press release), NY - May 13, 2006 to purchase homes will find that their payments are going up by $100 dollars a month when their interest rate adjustments are made.” For now, the foreclosure

A housing and bankruptcy double-whammy coming
Macon Telegraph, GA - May 14, 2006 In Macon, according to RealtyTrac, there are 222 homes ready to be auctioned. Banks are trying to get rid of 99 and one is in pre-foreclosure.

Work nearly done at former South Main Manor
Finger Lakes Times, NY - May 15, 2006 said Phillips, who owns a number of single-family rental homes in California The bank had acquired the properties through foreclosure and bought them at public

Emptied out
City Newspaper, NY - May 17, 2006 on all those single homes that were cut up into multi-family homes,” he says government (our tax dollars) pick up the tab when the house goes into foreclosure.

Brookfield zoning board denies request to build home
Riverside Brookfield Landmark, IL - May 17, 2006 But a lot between two homes in the 3800 block of Blanchan Avenue will bought two lots in Brookfield at a Cook County property foreclosure sale, according to

Loose Canon
Philadelphia citypaper.net, PA - 17 hours ago than $1,000 which must be paid before a homeowner can halt a foreclosure. cost is just another burden for destitute homeowners trying to save their homes.


May 18th, 2006

Cost Of Commuting Leading To Foreclosures
CBS 5, CA - 14 hours ago In many cases, Sanders says foreclosure victims are former Bay Area residents who But real estate agent Cynthia Carter says the number of homes here up for

Texas: Do we have a foreclosure problem?
North Texas e-News, Texas - May 14, 2006 home prices, an owner served with a default notice and foreclosure posting can This discrepancy may also reflect the fact that many homes are being purchased

WCI AND DHOM / LET’S DO THE MATH
Free Market News Network, FL - May 16, 2006 overall demand for our Florida active adult communities, tower residences and our higher-priced Mid-Atlantic homes, we are at any price to avoid foreclosure.?

It can be tough trying to do the green thing
South Bend Tribune, IN - May 14, 2006 who told them she would negotiate with the mortgage company to implement a plan that would prevent foreclosure. The consumers ended up losing their homes.

Lenders take notice as defaults are rising
San Diego Union Tribune, United States - May 15, 2006 Notices of default the first step toward mortgage foreclosure jumped 60 percent in past 14 years and account for only a fraction of the region’s homes.

Loans to low-income residents under fire
Peoria Journal Star, IL - May 15, 2006 Ownership Program, designed to help working but low-income people purchase homes. predatory lending” and say they increase the chances of mortgage foreclosure.

Brookfield zoning board denies request to build home
Riverside Brookfield Landmark, IL - May 17, 2006 But a lot between two homes in the 3800 block of Blanchan Avenue will bought two lots in Brookfield at a Cook County property foreclosure sale, according to

Sale, or foregone foreclosure?
St. Petersburg Times, FL - May 14, 2006 Foreclosure investors target homes like Savage’s - ones with substantial equity, the difference between what is owed on a mortgage and what the home can be

Developer faces foreclosures
Bradenton Herald,  United States - 9 hours ago projects and the Villa Rosa, a gated community of single-family homes in Anna Maria Synovus Bank of Tampa Bay initiated a foreclosure action last week over The

Arizona Sees April Decline In Foreclosure Activity According To
Yahoo! News (press release) - May 13, 2006 said Bankaci whose foreclosure leads arrive two to three weeks ahead of the competition. “Many people who used ‘creative’ financing to purchase homes will find

1800sell2us A New Name For Express Homebuyers
Emediawire (press release), WA - May 13, 2006 title Problems, a vacant house that needs repairs, or need to stop foreclosure. says Chandler, by helping families to save the equity in their homes. .


May 18th, 2006

Colorado Leads U.S. in Home Foreclosures
Associated Press - DENVER (AP) — Colorado has posted the highest foreclosure rate in the nation for the second month in a row, the result of what one expert calls a “perfect storm” of factors that include debt, unsold homes and bankruptcies. A report released Tuesday

Volunteers Complete Rebuilding Together Projects Under Sunny Skies
Boothbay Register - Many Rebuilding Together volunteers fix the roof and do other repairs at a Boothbay Harbor home on Saturday, May 6. (Photo John Edwards) Over 150 Rebuilding Together enthusiastic volunteers gathered at Our Lady Queen of Peace church on Saturday

Colorado hangs on to dubious No. 1 ranking _ home foreclosures
KXAN - DENVER Colorado has posted the highest foreclosure rate in the nation for the second month in a row. A report released yesterday by RealtyTrac found three-thousand-706 homes in Colorado were in foreclosure in April, or one of every 494 households

Another bargain home set for market
Derrick - The Washington Avenue two-story, four-bedroom structure has been brought up to code. Oil City is ready to put its second rehabilitated, market-value home up for sale this month, giving a first-time home buyer or a low-to-moderate income family the

Dr. Manning Marable, Guest Columnist
Louisiana Weekly - In America, the overwhelming majority of Americans, regardless of their incomes and educational levels, describe themselves as “middle class.” That’s because nearly 75 percent of all Americans own their own homes, representing a substantial equity

Anti-foreclosure effort adds allies
Akron Beacon Journal - Three more institutions — Freddie Mac, American General Financial Services Inc. and ABN AMRO Mortgage Group Inc. — have joined a foreclosure-prevention program serving Ohioans. Fifteen major parties are now teamed up with the NeighborWorks Center

WCI and DHOM / Let’s do the Math
Safe Haven - Bizjournals is reporting Dominion Homes loses $3.9M in 1Q, predicts loss for year . Dominion Homes Inc. lost $3.9 million in the first quarter as the homebuilder’s sales and building activity continued to slow. It blamed the loss on finishing fewer

Broward getting a hefty share
Miami Herald - TALLAHASSEE - Broward’s heavily Democratic legislative delegation left the Republican-dominated state capital with money for local projects and a mixed success record with their bills. Fast-moving bills, like one that would have made it a hate crime

Developer faces foreclosures
Bradenton Herald - MANATEE - An island development company involved in several high-profile projects is facing two foreclosure actions. GSR Development LLC is also involved in a slew of other lawsuits including five filed this year. All of the litigation casts a shadow

Those ARMs starting to hurt
Rocky Mountain News - Now those bets are coming up short. These homeowners are facing the hard truth that their ARM mortgage payments are going up several hundred dollars more each month as their rates adjust skyward. The higher payments are expected to cost many


May 11th, 2006

Builder says it will stay course
Columbus Dispatch, OH - 5 hours ago He expressed regret about the foreclosure rate among its customers, which was the Can Dominion, which has been building homes locally for more than 50 years

Surplus sharks prey during foreclosures
The Herald, WA - May 7, 2006 Defaulting on your mortgage is one thing, but ending up in foreclosure is an that consumers will do everything in their power to keep from losing their homes.

Exposing Unethical Real Estate Agents and Mortgage Brokers That
Yahoo! News (press release) - May 8, 2006 foreclosure because this unethical practice is carried out in subtlety. A couple get pre approved financing and see a real estate agent that shows them homes

Statistics Aside, Many Feel Pinch of Daily Costs
Gadsden Times (subscription), AL - May 6, 2006 Further, millions of Americans who have financed their homes with adjustable-rate a vice president of RealtyTrac Inc., an online foreclosure marketplace, which

House hunter s dream?
Newsday, NY - May 5, 2006 They decided to pursue an alternative avenue: the foreclosure market Teacher Next Door programs, which encourage police officers and teachers to buy homes in low

Another bargain home set for market
Oil City Derrick, PA - May 8, 2006 Housing Administration acquired it in foreclosure actions, making the home eligible for sale to the city for $1 plus closing costs. The bargain homes must be

Ex-Asbury Park zoner accused of misconduct
Newark Star Ledger,  USA - 2 hours ago RDR, which buys run-down homes and refurbishes them for resale, had employed Brown in a check in care of himself for his business partners in a foreclosure deal

Faux Down-Payment Charities Raise Home Prices, Foreclosure Risk
Realty Times, TX - May 7, 2006 GAO said homes purchased with seller-funded down payment assistance were appraised and sold for 2 to 3 percent more than comparable homes without the assistance

More people losing homes
Tallahassee.com, FL - May 9, 2006 Foreclosure proceedings had started against about half the remaining homes, and owners were offering about 100 homes for sale in an effort to avoid foreclosure

USA Cares Reaches $100,000 in Support to Save Military Homes
Business Wire (press release), CA - May 9, 2006 to John Tindall, president of USA Cares, the Homeownership Preservation Foundation and USA Cares have prevented foreclosure of 27 military homes by providing


May 11th, 2006

USA Cares Reaches $100,000 in Support to Save Military Homes 
[Press Release] Business Wire via Yahoo! Finance - May 09 2:27 PM
RADCLIFF, Ky.—-May 9, 2006–USA Cares , together with the Homeownership Preservation Foundation , has provided more than $100,000 in financial grants to military family homeowners — within the first ninety days of the partnership between the two organizations.Save to My Web

The High Cost of Conventional Housing and the Availability of Credit Drive Demand for Manufactured Housing in the US 
[Press Release] Business Wire via Yahoo! Finance - May 05 7:18 AM
DUBLIN, Ireland—-May 5, 2006–Research and Markets has announced the addition of “Manufactured Housing - Industry Profile” to their offering.Save to My Web

Ex-Asbury Park zoner accused of misconduct 
The Star-Ledger - 2 hours, 5 minutes ago
A former member of the Asbury Park zoning board was arrested yesterday on charges he stole more than $200,000 from business partners and failed to disclose his dealings with a firm that came before the board for a vote, authorities said.Save to My Web

Barrington Homes subcontractors file lawsuits 
Orlando Sentinel - 2 hours, 38 minutes ago
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 money laundering.Save to My Web

Sponsored By: 
Fernandina Beach News-Leader - May 10 9:17 PM
IN THE CIRCUIT COURT, FOURTH JUDICIAL CIRCUIT, IN AND FOR NASSAU COUNTY, FLORIDA CASE NO.: 06-178-CA DIVISION: A BETTY L. WILLIAMS, GEORGE MORRIS, JR., ELIZABETH RAGSDALE, REGINALD A. MORRIS, WILLIE E. WELLS, DIANNA L. WELLS and JAMES WELLS Plaintiffs, vs.Save to My Web

Two men who bilked victims in loan scam are sentenced 
The Philadelphia Inquirer - May 06 11:08 AM
Brad Marks and Edwin Rivera conned poor people into taking out high-interest, predatory loans to pay for home improvements that never got done.Save to My Web

Real Estate and Cyberspace 
[Press Release] PR Web - May 05 12:39 AM
Is the marriage between the traditional Real Estate industry and the new Search Engine marketing and optimization the same industry or is it just 2 fields merging together as one? (PRWEB May 5, 2006)Save to My Web

Foreclosures 30 percent higher than last year 
Greeley Tribune - May 07 12:04 AM
Weld County foreclosures through the first quarter of this year have equaled more than 30 percent of all foreclosures a year ago, according to filings with the Public Trustee’s office.Save to My Web

City to offer plan to help stem spate of foreclosures 
Boston Herald - May 09 11:45 PM
Alarmed by a sharp spike in Boston mortgage foreclosures, Mayor Thomas M. Menino will unveil a four-point plan today to help financially strapped homeowners keep their properties. “We have seen…Save to My Web

Three More Mortgage Industry Leaders Join Coalition with NeighborWorks(R) to Avert Home Foreclosures 
[Press Release] Business Wire via Yahoo! Finance - May 08 8:15 AM
WASHINGTON—-May 8, 2006–Three more financial services institutions, Freddie Mac, American General Financial Services, Inc., a member of American International Group, and ABN AMRO Mortgage Group, Inc., an indirect subsidiary of LaSalle Bank Corporation, are teaming up with 12 other major companies, the NeighborWorks Center for Foreclosure Solutions and the Homeownership Preservation Save to My Web

Firm works to smooth legal stress of real estate 
Florida Today - May 06 11:21 PM
Lawyers Real Estate allows clients to return to a time when real estate matters were handled by attorneys, not real estate agents.Save to My Web

Home Foreclosures Up as Mortgage Rates Climb 
ABC News - May 10 2:47 PM
As Mortgage Rates Tick Higher, Some Families Have Trouble Making PaymentsSave to My Web

Vestin downplays ties to Hawaiian politician 
Las Vegas Business Press - May 10 5:23 PM
Tens of millions of dollars are at stake in a legal wrangle between the state of Hawaii, Vestin Mortgage and one of its borrowers, RightStar Hawaii Management.Save to My Web


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


May 5th, 2006

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

No preferential treatment, just good policy
Coloradoan - I was saddened to read Gabe Lowe’s Soapbox in the April 27 Coloradoan. Lowe implies that Fort Collins city planners gave special consideration or gave Habitat for Humanity preferential treatment in our application for Innovation Island development at

Metro unsold homes hit record in April
Denver Post - Sellers, beware: The inventory of unsold homes in the metro area reached a record high in April and will likely keep rising into the summer. The number of metro homes on the market hit 29,045 last month, surpassing the previous high mark of 28,043

Only a Slice: The Editor’s Blog Papa John s bakes up a pizza
Pizza Marketplace - recall the last time a truly innovative oven heated up some excitement in the pizza industry, a tool that got operators thinking, “I ve gotta have one of those”? Far as I can recall, very little has happened since the conveyor oven came on to the

Foreclosures know no boundaries
Derrick - Most of the foreclosed properties are single-family homes, but there are some landlord-owned houses in the mix. (Editor’s Note: This is the second of two stories on sheriff sales.) There is no neighborhood in Venango County exempt from foreclosure

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

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

Road Block
High County News - ‘Start letting mom pack that trunk’ In his own words, Bob Davey of the Valley Improvement Association explains the need for the highway and bridge through Tome, N.M.. ‘It’s a clash of visions’ Tome resident Ray Garcia, president of the Historic Tome

Homes For Sale
Mount Vernon News - MOUNT VERNON As sunlight streams across the quilt through the tall windows of the parish house, experienced fingers work deftly with needle and thread along the patchwork fabric. MOUNT VERNON Five years ago, one might have noticed 10 to 15

Apartment vacancies dip as foreclosures, rates climb
Denver Post - Apartment vacancy rates in early 2006 dropped to their lowest point in five years, fueled partly by a state foreclosure rate high enough to drive some people out of their homes and into rentals. Other factors contributing to the drop include rising

Home Sales Down, Foreclosures on the Rise
KABC - Recently Tom showed me around some of the homes he bought, renovated, and now has for sale. Although Tom does very well buying and selling foreclosures, about 25 so far, he says it’s not an easy job. What Tom does is search out homeowners who are


May 5th, 2006

Government Innovators Compete for $100k Harvard Prize: Short List
U.S. Newswire (press release), DC - May 4, 2006 acquires abandoned urban land through foreclosure and determines growth and affordable housing, it cleans up properties, rehabilitates homes, and redevelops

Matney loses appeal for Hot Dog Heaven
North Adams Transcript, MA - May 4, 2006 said he will further pursue an attempt to reverse a foreclosure ruling against a first-time home-buyer program that will develop affordable one-family homes.

Default notices for California homeowners rose in first quarter
Press-Enterprise (subscription), CA - May 2, 2006 Diego. Typically, about 5 percent of homeowners who receive default notices end up losing their homes to foreclosure. This text

As gas prices soar, auto buyers looking at vehicles’ fuel economy
San Jose Mercury News,  USA - May 2, 2006 which makes it more difficult for homeowners to sell their homes and pay Lenders issue default notices before beginning the foreclosure process, although most

Foreclosures know no boundaries
Oil City Derrick, PA - May 3, 2006 Most of the foreclosed properties are single-family homes, but there are some There is no neighborhood in Venango County exempt from foreclosure troubles.

Economist: Slowing market not a ‘bad story’
Inman.com (subscription), CA - May 2, 2006 The seasonally adjusted rate of loans entering the foreclosure process was 0.42 price appreciation has fallen more rapidly with condos than with other homes.

SJ home foreclosures climb
Stockton Record, CA - May 3, 2006 Only about 5 percent of home-owners who find themselves in default actually lose their homes to foreclosure, DataQuick said. Most

AROUND THE CABARRUS AREA
Charlotte Observer, NC - May 4, 2006 A pilot program to help displaced workers avoid foreclosure on their homes is available in 26 counties, including Cabarrus and Rowan.The NC Home Protection

Home Foreclosures on the Rise
WEAU-TV 13, WI - 21 hours ago of americans were locked into when they bought their homes using adjustable Nationwide foreclosure rates have spiked 72 percent the first quarter of this year

No quick foreclosure fix
Charlotte Observer, NC - 13 hours ago RALEIGH - The General Assembly will make no quick fixes to reduce the number of North Carolina residents losing their homes to foreclosure.

Default notices for California homeowners rose in first quarter
KESQ, CA - May 2, 2006 lenders. Typically, about five percent of homeowners who receive default notices end up losing their homes to foreclosure. The counties

Homes piling up
Rocky Mountain News, CO - 14 hours ago Competition from foreclosures will drive down prices in the lower- end market, ultimately causing more homes to end up in foreclosure, he said.

House hunter s dream?
Newsday, NY - 12 hours ago They decided to pursue an alternative avenue: the foreclosure market Teacher Next Door programs, which encourage police officers and teachers to buy homes in low


May 5th, 2006

Apartment vacancies dip as foreclosures, rates climb
Denver Post - Apartment vacancy rates in early 2006 dropped to their lowest point in five years, fueled partly by a state foreclosure rate high enough to drive some people out of their homes and into rentals. Other factors contributing to the drop include rising

Only a Slice: The Editor’s Blog Papa John s bakes up a pizza
Pizza Marketplace - recall the last time a truly innovative oven heated up some excitement in the pizza industry, a tool that got operators thinking, “I ve gotta have one of those”? Far as I can recall, very little has happened since the conveyor oven came on to the

Homes For Sale
Mount Vernon News - MOUNT VERNON As sunlight streams across the quilt through the tall windows of the parish house, experienced fingers work deftly with needle and thread along the patchwork fabric. MOUNT VERNON Five years ago, one might have noticed 10 to 15

Default notices for California homeowners rose in first quarter
San Jose Mercury News - LOS ANGELES - 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. Lenders sent 18,668 default notices to

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

Two men who bilked victims in loan scam are sentenced
Philadelphia Inquirer - Brad Marks and Edwin Rivera conned poor people into taking out high-interest, predatory loans to pay for home improvements that never got done. Yesterday, they paid the price. U.S. District Judge Legrome D. Davis gave each man a prison sentence

Letters, 4/28
Denver Post - The Associated Press article claiming that Tony Snow is outside of the circle of Bush loyalists is not only laughable but downright insulting to thinking people. Any commentator of Fox News is the biggest Bush cheerleader and is in no way “fair and

Matney loses appeal for Hot Dog Heaven
North Adams Transcript - The building that used to house Lou’s Hot Dog Heaven on River Street in North Adams will be taken by the city for back taxes now that its owner has exhausted his appeals. Gillian Jones/North Adams Transcript Thursday, May 4 NORTH ADAMS Although

Housing violation bill backed by Stamford legislators goes to governor
Stamford Advocate - HARTFORD — A bill supported by Stamford’s legislative delegation that would support a city crackdown on housing, health and building code violations awaits Gov. M. Jodi Rell’s signature. The Senate approved the bill unanimously late Wednesday night