US existing home sales rise for 4th straight month

August 21, 2014 9:38 am Leave a comment

George Limperis, a realtor with Paragon Real Estate Group, walks through the kitchen of a property in the Noe Valley neighborhood in San Francisco. On Thursday, Aug. 21, 2014, the National Association of Realtors is scheduled to report on existing-home sales in July 2014. (AP Photo/Jeff Chiu, File)

Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year.

New Sheboygan museum owes $334K in unpaid mortgage

August 11, 2014 9:46 am Leave a comment

The Military Heritage Museum and Education Center is having financial difficulties and owes more than $334,000 to a bank.

Tagged with: foreclosures

Milwaukee loan officer charged with 11 fraud counts

August 8, 2014 10:13 am Leave a comment

A former West Allis mortgage loan modification officer has been charged with 11 felony counts of fraud.

Tagged with: foreclosures fraud

Niagara Worldwide buys 3 vacant mills in Mass.

August 6, 2014 9:25 am Leave a comment

A Wisconsin-based development company has bought three vacant paper mills in western Massachusetts and is talking with local officials and others about how to use the properties.

Home price gains slow for 6th straight month

July 29, 2014 9:57 am Leave a comment

a mailman delivers mail to a house for sale in Quincy, Mass. Standard & Poor's/Case-Shiller reports on U.S. home prices in May on Tuesday, July 29, 2014. (AP Photo/Michael Dwyer)

U.S. home prices rose in May from a year earlier at the weakest pace in 15 months as sales remain modest in the spring buying season.

Tagged with: home prices

More landlords join lawsuit against La Crosse

July 29, 2014 9:04 am Leave a comment

The number of landlords suing the city of La Crosse over a new ordinance has grown significantly.

Tagged with: landlords

Low mortgage rates slowing down home sales

July 24, 2014 3:24 pm Leave a comment

Ryan Carson (right) cooks dinner with his wife, Jenny Roraback-Carson, (left) and their daughter Clara, 3, at their home in Seattle. The Carsons are one of many would-be home sellers across the country whose mortgage rates are so low, it doesn't make financial sense to sell their homes, even if they need more space, a trend which limits the supply of homes and can contribute to slower home sales. (AP photo by Ted S. Warren)

Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.

Tagged with: home sales housing market mortgages

Homebuyers still wary from recession

July 16, 2014 4:02 pm Leave a comment

realtor Greg Gammonley, right, with ConnectRealty.com, shows off a home to prospective buyer Maddie Coker in Orlando, Fla. A new report released Wednesday, July 16, 2014 by Trulia, the online real estate firm, suggests that the recession — for all its damage to the economy — did little to turn off millennials from the idea of owning a home compared to previous generations. (AP Photo/John Raoux)

Wariness about making the same mistake twice might be keeping prospective middle-aged homeowners from buying.

Tagged with: home sales Kapital Real Estate National Association of Realtors Shorewest Realtors

Deed restrictions muddy O’Donnell Park sale

July 15, 2014 4:08 pm Leave a comment

People stop for lunch in O’Donnell Park while signage around a Northwestern Mutual construction project is visible in the background Thursday, July 10 in Milwaukee. Northwestern Mutual has expressed interest in purchasing O’Donnell Park from the city. (Staff photo by Kevin Harnack)

Two deed restrictions on Milwaukee County’s O’Donnell Park could complicate the $12.7 million sale of the property to Northwestern Mutual Life Insurance Co.

Tagged with: Gerry Broderick Mark Borkowski Northwestern Mutual Life Insurance O'Donnell Park O'Donnell Park parking garage

Ruling raises questions about mortgage market

July 10, 2014 2:34 pm Leave a comment

A Wisconsin Supreme Court decision issued Thursday avoided a reinterpretation of law that would have left many mortgage lenders wondering if they could retain their right to foreclose on delinquent loans.

Tagged with: foreclosure Wisconsin Supreme Court