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Foreclosure activity declines 8 percent nationwide
18 hours ago ago from Toni's Real Estate blog: LALivingNow.com
A report by RealtyTrac shows that foreclosure filings, including notices of default, scheduled foreclosure auctions, and bank repossessions, decreased nearly 8 percent in November compared with the previous month, but were 18 percent higher compared with a year ago. California posted the nation’s third highest foreclosure rate, with one in every 180 housing units receiving a foreclosure filing in November. Despite a 13-percent decrease ...
Related contentU.S. Housing Sector and Economic ‘Recoveries’ Nothing but Mirages
1 hour, 12 minutes ago ago from MunKnee.com
While the supposed good news is that “existing home sales,” have spiked to an annualized rate of just over 6 million units the bad news is that one in seven U.S. homeowners' with a mortgage are either delinquent on their mortgage payments, or already in the foreclosure process. Thus, we are presented with data that more people are buying homes in the U.S. but less people are paying for them. Surely it is evident to even the most obtuse ...
Related contentU.S. Nov. existing home sales rise 7.4%
3 hours ago ago from Real Estate In Today's Market
WASHINGTON (MarketWatch) Home buyers rushed to qualify for an expiring federal tax credit, boosting resales of U.S. homes by 7.4% to a 6.54 million seasonally adjusted annual rate, the National Association of Realtors reported Tuesday. Name (required) Mail (will not be published) (required) Website
Related content‘Avatar’ Posts Biggest-Ever Non-summer Monday, Tuesday With Total Of $ 32 Million In Ticket Sales
21 hours ago ago from Pjay41's Blog
Any worries about after it got off to less than a phenomenal start this past weekend have been erased. 20th Century Fox's costly 3D tentpole movie sold $16.4 million worth of tickets on Monday and $16 million on Tuesday in the U.S. and Canada, according to the studio. That's the highest-ever domestic gross on either [...]
Related contentBreaking News from Moneynews
9 hours ago ago from Britannia Radio
Breaking News from Moneynews.com Fannie, Freddie CEOs May Still Get Millions in Pay The U.S. housing regulator has approved pay packages for the chief executives of mortgage finance companies Fannie Mae and Freddie Mac in the range of $4 million to $6 million, the Wall Street Journal said, citing people familiar with the matter. Read the Entire Article Go Here Now.
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