Interest rates rise after positive housing news Interest rates rose in the bond market Friday following a surprisingly strong report on new home sales. The Commerce Department reported that sales of new homes jumped 27 percent in March, the biggest … Read More
The Lipstick Foreclosure: Madoff Site in Trouble It’s not often that a criminal mastermind’s former lair goes up for sale. The oval-shaped and rose-colored building at 885 Third Ave. is, because of decreased rent revenues that partially reflect Madoff’s departure, … Read More
Two Hilo housing projects approved Two Hilo housing developments, one for low-income seniors and the other intended for college students, have received County Council approval. Read more on Hawaii Tribune-Herald
City actions show housing demand An unprecedented price paid for Tioga city lots and an explanation for increased taxable valuations of residential properties Monday night pointed to a healthy housing market in Tioga. Read more on Tioga Tribune
Judge Finds “Fraud” in Foreclosure Mess A Florida judge found “fraud” in a foreclosure lawsuit filed by U.S. Bank, raising questions about how banks are attempting to seize homes. Read more on Wall Street Journal Blogs
Vancouver considers scaling down False Creek social housing: report The city of Vancouver is today holding a media technical briefing on the former Olympic Village, amid reports it is considering reducing by half the number of social housing units in … Read More
Traders see room for a pause in stock market climb Goldman Sachs & Co. reminded investors that the stock market can still go down. Read more on AP via Yahoo! News
Around the Capitol: County Commissioner Webb hosting Mortgage Foreclosure Prevention seminar for Dearborn Heights … With 1,170 homes in her commission district currently in mortgage foreclosure, Wayne County Commissioner Diane Webb (D-Garden City) is bringing the county’s award-winning Mortgage Foreclosure … Read More
Housing market begins turnaround Springtime on the Grand Strand has brought signs that the housing market is finally turning around. Read more on WPDE Myrtle Beach – Florence
Housing starts up on gains in multi-family sector The Associated Press Housing construction posted a better-than-expected performance in March, rising to the highest level in 16 months. The gain was due solely to multifamily homes, which account for less than … Read More
