Archive for November, 2011
Editorial: Sensible foreclosure law is needed – Detroit News
A late-summer surge in Michigan home foreclosures raised new worries about the state’s recovery from the recession. Lawmakers are pondering another extension of the state law requiring banks and other lenders to hold off for 90 days before going …
Cominar in bid to expand Canada property portfolio
TORONTO (Reuters) – Cominar Real Estate Investment Trust , aiming to create Canada’s second-largest diversified property portfolio, has offered to buy Canmarc REIT in a hostile bid that values its rival at C$838 million ($800.4 million). Canmarc’s office and retail properties would increase Cominar’s asset base by 42 percent and position it for further growth. [...]
Home Sales Up 1.3 Percent In October
Americans bought slightly more new homes last month, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year’s — the worst in half a century.
Brentwood tri-level contemporary maximizes views
A three-level open-plan contemporary in Brentwood is on the market at $2.449 million. Bands of windows in the home take advantage of natural light and maximize canyon and Catalina views. Bands of windows at a three-level open-plan contemporary in Brentwood’s Kenter Canyon area take advantage of natural light and maximize canyon and Catalina views. The [...]
East Tennessee homeowners insurance rates expected to rise in 2012 – WATE
FARRAGUT (WATE) – For months, insurance companies have been forking over millions of dollars to storm victims. Now those companies are looking to recoup some of those losses and build up their reserves, as required by state law. Greene County saw some of …
Timeshare By Owner Announces its Code of Conduct – PR-USA.net
Timeshares By Owner®, the leading timeshare advertising company for sale and for rent by owner, announces its Code of Conduct. Timeshares By Owner® is doing this because there are a lot of bad actors in the timeshare resale industry and we want to …
Midcentury on Mt. Baker Home Tour is a perfect fit
After Dyna Contracting remade a Milton Stricker-designed home in Mount Baker, a family found its dream house. The home is one of those featured on this year’s Mount Baker home tour Dec. 3
Delinquent home loans down; foreclosures up
Far fewer borrowers are delinquent on their home loans, a Mortgage Bankers Association report shows, but new foreclosure actions are on the rise in states such as California.
Group: Foreclosures crisis to linger – Lansing State Journal
Fewer home loans are in trouble these days, but despite some improvements, the nation is not even halfway through cleaning up the foreclosure mess, industry experts said. It could take three or four years to return to a typical pattern of …
Ontario Teachers to keep its Toronto sports empire
TORONTO (Reuters) – The Ontario Teachers’ Pension Plan has shelved plans to sell its 80 percent stake in Maple Leaf Sports and Entertainment Ltd, the “trophy asset” owner of Toronto’s big-league hockey and basketball teams. Teachers, one of Canada’s largest pension fund administrators, began gauging the market for a sale of the stake in March, [...]