Published: June 15, 2010
Tags: foreclosure, homebuilder, homeowner, housing, index, market, National Association of Home Builders, tax credit, Treasury Department
By Alan Zibel AP Real Estate Writer Washington (AP) — Homebuilders are losing confidence in the housing market now that government incentives that spurred home sales have ended. The National Association of Home Builders reported Tuesday its housing market index fell to 17 in June, sinking five points after two straight months of increases. It [...]
Published: June 10, 2010
Tags: Brookfield, Circuit Court, driveway, eminent domain, Grisa, homeowner, Husar, lawsuit, Marsh, Robert Roth, Wisconsin District II Court of Appeals
By Sean Ryan Two Brookfield homeowners are exchanging privacy for leverage in an eminent domain lawsuit after a court ruled their shared driveway is a public road. Brookfield in 2008 took land from properties owned by the Husar family and the Marsh family through eminent domain for a project to widen Calhoun Road. As a [...]
By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The rate, published Thursday by Freddie Mac, is the lowest since the mortgage finance company began [...]
By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Home sales far exceeded expectations last month, surging to the highest level in 2½ years as first-time buyers rushed to take advantage of an expiring tax credit. The National Association of Realtors said Monday that home resales rose 10.1 percent to a seasonally adjusted annual [...]
By ALEX VEIGA AP Real Estate Writer SAN DIEGO (AP) — Home prices are expected to grow modestly next year and sales will keep rising as the housing market continues to recover from the worst downturn since the Great Depression, the National Association of Realtors said Friday. Home resales are projected to total 5.7 million [...]
Published: November 10, 2009
Tags: home, homeowner, loan, Making Home Affordable, mortgage relief, Obama, Treasury Department
By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — After a slow start, the Obama administration’s mortgage relief program has reached one in five eligible homeowners, a government report says. More than 650,000 borrowers, or 20 percent of those eligible, have signed up for trials lasting up to five months, the Treasury Department said [...]