It’s a simple goal, really. “We want to end homelessness,” said Nancy Crowder, executive director for Citizens for Adequate Housing, which celebrates its 25th anniversary with a fund-raising gala and art …
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feeds.cbsnews.com had an interesting post today.
In Stockton, Calif. one out of every 31 homes is now in foreclosure. That has some folks seeing green. Ben Tracy reports.
NEW YORK, NY. - November 17, 2008 - TIAA-CREF Global Real Estate announced today that One Boston Place in Boston is the first building to earn the Leadership in Energy and Environmental Design Gold designation …
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The Postal Service is investigating whether the nation’s postmaster general improperly received a sweetheart deal on a mortgage from Countrywide Financial Corp., the chairman of the service’s governing board said.
I read a good post today on tonysrealty.wordpress.com.
During the last two months, ten two-family properties were sold in East Boston. Of these ten, three were bank owned properties. Another four were short sales. Only three of these properties were “regular sales.”
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Fog 53°F
Humidity:
93%
Wind Speed:
3 MPH
Wind Direction:
E (090°)
Barometer:
29.93 in.
Dewpoint:
51°F
Heat Index:
53°F
Wind Chill:
53°F
Visibility:
0.5 mi
Source: www.rssweather.com
CSRwire.com made an interesting post today on www.msnbc.msn.com.
Publicly breaking with the Bush administration, the FDIC proposed to use $24 billion in government funding to help 1.5 million American households avoid foreclosure.
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Business News: CBSNews.com posted something interesting today on feeds.cbsnews.com.
The first paragraph….
While the Bush administration shifts course on its $700 billion rescue plan, Congress is examining whether even bigger changes should be made in the program in light of the deteriorating economy and soaring mortgage foreclosures.
Boston officials gathered at City Hall yesterday to consider whether the city should join Governor Deval Patrick’s efforts to scale back the use of expensive police details at road construction sites in Massachusetts.
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Foreclosure activity rose 5 percent in October from the previous month and was 25 percent higher than October 2007, according to the latest report from RealtyTrac, an online marketer of foreclosure properties. Foreclosure filings — which include default notices, auction sale notices and bank repossessions — were reported on 279,561 properties for the month, or one in every 452 housing units in the U.S.
October marks the 34th consecutive month where foreclosure activity has increased compared to the prior year. Nevada, Arizona and Florida posted the highest foreclosure rates in October.
James J. Saccacio, chief executive officer of RealtyTrac, says recent legislation aimed at stemming the tide of foreclosures has helped in some states, but it may not be enough. “While the intention behind this legislation — to prevent more foreclosures — is admirable, without a more integrated approach that includes significant loan modifications, the net effect may be merely delaying inevitable […]
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