Tuesday, May 13, 2008

Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

WSJ.com: Real Estate

As Dues Dry Up, The Neighbors Pay
Neighborhood associations are grappling with shrunken budgets as residents lose their homes to foreclosure and building slows. As a result, associations are raising fees or putting the brakes on improvements and amenities.Read Article
Tue, 13 May 2008 10:23:00 EDT

Beazer Restates Results for 9 Years
Beazer restated financial results over nine years, removing one of several clouds hanging over the home builder.Read Article
Tue, 13 May 2008 00:09:00 EDT

A Couple's Descent Into Foreclosure
Tracing one Vallejo, Calif., couple's descent into foreclosure and bankruptcy.Read Article
Sun, 11 May 2008 18:54:00 EDT

Democrats Face Rescue Backlash
Democrats are risking a backlash over efforts by Congress to rescue homeowners who can't afford their mortgages. The White House and most Republicans say this amounts to using taxpayer money to reward bad behavior.Read Article
Mon, 12 May 2008 20:17:00 EDT

Bonds Tied to Mortgages Have Hope
Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.Read Article
Fri, 09 May 2008 21:57:00 EDT

Fannie to Aid Underwater Loans
Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.Read Article
Fri, 09 May 2008 19:14:00 EDT

Russia's Abramovich Buys Colorado Ranch
Russian oil magnate Roman Abramovich has bought a Colorado ranch for $36.3 million … Baseball great Henry "Hank" Aaron has listed his West Palm Beach, Fla., home that borders a golf course for $900,000 … plus more. PhotosRead Article
Thu, 08 May 2008 23:59:00 EDT

How to Find Foreign Home Buyers
June Fletcher explains how to find real-estate agents who focus on foreign buyers – critical now as these home hunters see U.S. properties as bargains.Read Article
Thu, 08 May 2008 22:46:00 EDT

For Mortgages Underwater, Help Swims In
A small fish with a healthy appetite for mosquito larvae is being pressed into service in California, Arizona, Florida and other areas struggling with foreclosures. The problem: swimming pools of abandoned homes have turned into breeding grounds.Read Article
Fri, 09 May 2008 08:35:00 EDT

House Passes Homeowner Aid
The House passed a package of measures aimed at tackling the housing crisis, but bickering signaled turbulence ahead for the legislation.Read Article
Fri, 09 May 2008 00:03:00 EDT

 

 


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visitors since 5/3/2005

Betty Lou Charnock  -  Coldwell Banker Harbour Realty
Ph: 1-800-854-9270  -  Fax: 757-678-7328
213 Mason Avenue
Cape Charles, VA 23310
www.esvawaterfrontproperties.com

 

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