Archive for September, 2011
Hellickson drops fight over losing real-estate license
Nationally known “short sale” specialist Michael Hellickson, his wife and their firm have dropped their appeal of the state’s 10-year revocation…
Home Sales… and Foreclosures Rise
(Source: KATV & AP) The number of Americans who bought existing homes rose in August, but sales were driven by an increase in foreclosures, evidence the housing market remains weak. Home at risk of foreclosure made up 31 percent of sales, up from 29 percent in July.
Absolute Radio no longer for sale
India-based owner gives station ‘long-term backing’ after it fails to achieve asking price despite interest from UTV and Virgin Absolute Radio is no longer up for sale after its India-based parent company gave the station its “long-term backing”. The national rock music broadcaster attracted interest from TalkSport owner UTV Media and Richard Branson’s Virgin after [...]
New home sales fell in August for 4th month
Sales of new U.S. homes fell to a six-month low in August. The fourth straight monthly decline during the peak buying season suggests the housing market is years away from a recovery.
Home prices down less than expected
Home prices in the United States declined less than forecast in July compared with a year earlier, a sign that bank delays in processing foreclosures may have temporarily slowed the slump in real estate values. The…
Homeowners Should Check Association Insurance: Expert – NBC Miami
Insurance experts said on Tuesday that homeowners, who think they are protected if something happens in their unit because they are paying association dues, need to think again. Condo owner Luis Hinogosa said his home was damaged when a …
SEC considers civil action against S&P
The Securities and Exchange Commission is considering taking civil action against Standard & Poor’s for its rating of a 2007 mortgage debt offering. Such a move could be the first shot in a legal assault against the major credit-rating agencies.
Home foreclosure Solution: Tips to Prevent Foreclosure – ETtoday
What would you experience if you’re about to take care of foreclosure this year? That isn’t a tad frightening. In truth this is extremely disturbing, depressing even. Ironically, given that it’s any consolation, you’re not alone …
To every thing, there is an owner – Chicago Tribune
Most items that go unclaimed for years are put up for sale at a police auction, but Moore couldn’t bear to let that happen to the baby Jesus. Once items are auctioned off, it’s nearly impossible for an owner to recover missing goods, she said.
New home sales down, foreclosures rising
Sales of new homes fell to a six-month low in August. The fourth straight monthly decline during the peak buying season suggests the housing market is years away from a recovery.