RealtyTrac’s Sharga Explains February Slowdown in Foreclosure Activity on Fox Business News
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RealtyTrac SVP Rick Sharga Discusses February Foreclosure Activity on MSNBC
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Foreclosure Filings Increase at Slowest Pace in Four Years
Foreclosure Filings Increase at Slowest Pace in Four Years March 11, 2010 — Wall Street Journal U.S. foreclosure filings rose 6% in February from a year earlier, the smallest increase in four years, according to RealtyTrac. Severe winter weather…(read more)
Brockton activist takes foreclosure woes to Bernanke
Brockton activist takes foreclosure woes to Bernanke March 10, 2010 — Boston Globe Katie Sandford is a Brockton housing activist and young mother who worries about how foreclosures have damaged her city. Yesterday, she was able to have her say with…(read more)
Bills Could Help Slow Foreclosures
Bills Could Help Slow Foreclosures March 9, 2010 — The Daily News Sitting lenders down with borrowers in danger of losing their homes to foreclosure is the goal of a pilot program that would be created by pending state legislation. Lawmakers from…(read more)
Program Will Pay Homeowners to Sell at a Loss
Program Will Pay Homeowners to Sell at a Loss March 7, 2010 — New York Times In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some…(read more)
Can a New Web Site Streamline Home Buying?
Can a New Web Site Streamline Home Buying? March 4, 2010, The Real Deal Matt Daimler, a technology wiz with little background in real estate, thinks he could solve some of the most vexing problems in New York City residential sales today. His new site…(read more)
Pending Home Sales Fall 7.6 Pct. in Jan
Pending Home Sales Fall 7.6 Pct. in Jan March 3, 2010, ABC News via the Associated Press The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern…(read more)
Mortgage Rate Drop Below 5% Stirs Demand
Mortgage Rate Drop Below 5% Stirs Demand March3, 2010, CNBC U.S mortgage rates retreated below 5 percent last week, propping demand for home loans after purchase applications sank to a nearly 13-year low the prior week, Mortgage Bankers Association data…(read more)
Phoenix office tower yours for a mere $65 million+ at foreclosure sale — a 40% discount!
This gleaming high-rise office building in Phoenix is scheduled for trustee's sale on May 24 with an opening bid of $65 million, more than 40 percent below the price of more than $105 million it sold for in June 2006 — at the literal peak of the…(read more)