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Existing home sales dip more, prompting calls for stimulus (Baltimore Sun)
Existing home sales dip more, prompting calls for stimulus A Realtors group is calling on lawmakers and Barack Obama's administration to spend $50 billion to subsidize lower mortgage rates after the median home price dropped to $183,000. These for-sale signs are in Richmond, Va.
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Home foreclosures on the rise in Franklin County (Chambersburg Public Opinion)
The national housing downturn has touched Franklin County. Home foreclosures are up. The number of properties listed for sheriff's sale has doubled. The median sale price of a house declined 3 percent. Sales are flagging.
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By Don Bolding Killeen Daily Herald (Killeen Daily Herald)
Killeen area homebuilders, reassured recently that troop levels at Fort Hood will stay constant and eventually increase, are still biding their time on new construction to get some surplus inventory sold before they start aggressive building again.
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Sponsored By: (Fernandina Beach News-Leader)
IN THE CIRCUIT COURT OF THE 4TH JUDICIAL CIRCUIT, IN AND FOR NASSAU COUNTY, FLORIDA GENERAL JURISDICTION DIVISION CASE NO: 45-2008-CA-000200 CITIMORTGAGE, INC.
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Plans change as some owners get upside down on loans (Austin American-Statesman)
Think of them as the walking wounded: The homeowners who are upside down on their mortgages, owing much more than their home is now worth. But they're still on their feet and still sending their payments each month.
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Freddie Mac Suspends All Foreclosure Sales of Occupied Homes From Day Before Thanksgiving Until January 9, 2009 (PR Newswire via Yahoo! Finance)
Freddie Mac today announced it has ordered its national network of mortgage servicers and foreclosure attorneys to suspend all foreclosure sales and evictions involving occupied single family and 2-4 unit properties with Freddie Mac-owned mortgages between November 26, 2008 and January 9, 2009.
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Real Estate Live (Washington Post)
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi.
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Housing market near big military bases doing fine (San Francisco Chronicle)
Sometimes Tim Wells felt like he was the only man left on his street. Thousands of soldiers were deployed out of Fort Campbell, Ky., just a few miles away, and homes in Wells' subdivision were sitting empty. But a few months later the soldiers began to...
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Freddie Mac halts foreclosures on customer homes (San Antonio Business Journal)
Freddie Mac has instructed its national network of mortgage servicers and foreclosure attorneys to stop all planned foreclosure sales and evictions involving Freddie Mac-owned mortgages during the holiday season. (FRE)
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Foreclosures push down U.S. home sales (The Sacramento Bee)
WASHINGTON - Home prices fell in a record four out of five U.S. cities in the third quarter as low-cost foreclosures flooded the market and the U.S. housing market's decline spread throughout the country. Among 152 metropolitan areas included in the trade group's survey, 120 posted declines in median home sales prices compared with a year ago, the National Association of Realtors said Tuesday. ...
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