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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

Northwestern offers $12.7M for O’Donnell (UPDATE)

July 10, 2014 12:05 pm Leave a comment

Northwestern Mutual Life Insurance Co. has proposed buying O’Donnell Park in downtown Milwaukee from Milwaukee County for $12.7 million.

Tagged with: Northwestern Mutual Life Insurance O'Donnell Park O'Donnell Park parking garage

Lawmakers’ letter: Where are the appraisals?

July 9, 2014 4:24 pm Leave a comment

Two members of the state Building Commission sent a letter to a top state official Wednesday reminding him of his duty to provide appraised values for state property that could be up for sale.

Tagged with: Building Commission Fred Risser Gordon Hintz Hill Farms Mike Huebsch

Percentage of minority homeowners expected to grow

July 1, 2014 4:32 pm Leave a comment

The difficulty minority homebuyers face to obtain mortgages could constrain the housing industry’s rebound.

Tagged with: mortgages

DOA lists property for potential sale

July 1, 2014 1:31 pm Leave a comment

The state Department of Administration has put together a list of state properties that could end up for sale.

Tagged with: Building Commission DOA Hill Farms

Help on way to keep people in their homes

June 27, 2014 1:30 pm Leave a comment

Treasury Secretary Jack Lew speaks at the 5th Annual Making Home Affordable Summit at the Treasury Department on Thursday, June 26, 2014, in Washington. (AP Photo/Jacquelyn Martin)

The Obama administration is extending for another year a program aimed at helping people struggling to avoid foreclosure on their homes, Treasury Secretary Jacob Lew said Thursday.

Tagged with: foreclosures Home Affordable Modification Program mortgages

Vacant lots could go for $1 in Milwaukee’s 15th District

June 24, 2014 2:45 pm Leave a comment

The Milwaukee Common Council on Tuesday approved a proposal to sell vacant residential lots in the 15th District for $1 each.

Tagged with: DCD Russell Stamper

New-homes sales surge in May

June 24, 2014 11:26 am Leave a comment

A "sold" sign sits out in front of a home currently under construction at the Winthrop subdivision Wednesday, Sept. 26, 2012, in Riverview, Fla. Sales of new homes in the United States dipped slightly in August from July but the median price of homes sold during the month rose by a record amount. (AP Photo/Chris O'Meara)

Sales of new U.S. homes rose in May to the highest level in six years, providing the strongest signal yet that housing is recovering from a recent slowdown.

Tagged with: new home sales

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