Archive for June 21st, 2009

Committee to address foreclosure crisis today
St. Augustine Record, FL
Florida's Legislative Committee on Intergovernmental Relations takes up the housing foreclosure crisis in a meeting today in Jacksonville. State Sen. Tony Hill, D-Jacksonville, chairs the committee. "You would not know it from the news,

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Echo boomers a lifeline for embattled US housing
Reuters
Home sales have started to pick up, thanks mostly to a first-time buyer tax credit this year of up to $8000 and demand for foreclosure properties at bargain-basement prices. "While we do see some signs of stabilization, you can barely see those silver

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Gotham Gazette
Foreclosure Threat Looms over Thousands of City Apartments
Gotham Gazette, NY
Rather than worrying about the bank, housing advocates are concerned about thousands of tenants stuck in foreclosed residential buildings where the owners can't afford to do even routine maintenance. "It's a train wreck waiting to happen.

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Real-estate bonanza for foreclosure broker
Arizona Republic, AZ
It's what she needs to do to stay on top of one of the few burgeoning sectors of the housing market: foreclosed homes. "Things are good. Really, really busy," she said into a cellphone tucked under her ear, while typing an e-mail reply about a pending

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Hays foreclosure listings hit all-time high
San Marcos Daily Record, TX
By Anita Miller San Marcos — Record numbers of properties have been listed for foreclosure in July in three counties in the Austin Metro area including Hays County, the Foreclosure Listing Service said this week. Hays, Travis and Williamson counties

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Historic Lexington estate in foreclosure
Kentucky.com, KY
The historic Lexington estate Cave Hill is in foreclosure and scheduled to be sold next month at a Fayette County master commissioner sale. The 17-acre estate once served as the state's temporary governor's mansion when John Y. Brown Jr. was in office.
Historic Cave Hill in foreclosure Kentucky.com
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Site of Ledger's death facing foreclosure
United Press International
NEW YORK, June 21 (UPI) — The New York building where actor Heath Ledger died of an accidental prescription drug overdose is facing foreclosure, an attorney says. Attorney Kent Karlsson, who represents a minority owner of the building in New York's

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Owners in default or foreclosure still owe assessment fees
Los Angeles Times, CA
There are REOs (bank-owned properties), foreclosures and units with notices of default. Owners don't know how many units are paying monthly assessments or the large special assessment imposed last year. Owners are not privy to the association's

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On the Market: Foreclosures in Routt County at 72 in 2009
Steamboat Pilot, CO
By Tom Ross (Contact) Steamboat Springs — Routt County Treasurer Jeanne Whiddon confirms that as of this week, her office has been asked to initiate 72 foreclosure proceedings in 2009. That compares with 31 as of this date in 2008.

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Historic Cave Hill in foreclosure
Kentucky.com, KY
By Beverly Fortune - bfortune@herald-leader.com Cave Hill, the historic Lexington estate that once served as the state's temporary governor's mansion when John Y. Brown Jr. was in office, is in foreclosure and scheduled to be sold on July 27 at a

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