Archive for category Uncategorized

Freeing Towns to Tackle Blight

Working its way through the State Legislature in Albany is one of the first bills in the country to protect property values and neighborhood safety when a foreclosed property is left untended.

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Homeowners’ Hard Times Are Good for the Foreclosure Business

Signs of recession were few at a lavish industry conference celebrating the foreclosure “tsunami.”

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Vandals Strip a Vacant Villa in California

After a 17-bedroom villa in San Diego County fell into forclosure, vandals ripped out $1 million worth of fixtures, according to a crime report.

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With Advocates’ Help, Squatters Call Foreclosures Home

Advocacy groups are moving people into vacant homes, some in secret, others openly, as civil disobedience.

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More Hotels Facing an Uncertain Future

What was a bad situation is likely to turn worse, as more properties are forced into bankruptcy or foreclosure.

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As the Foreclosed Move Out, First-Time Buyers Move In

Severe declines in real estate values are reinvigorating buyers previously priced out: middle-class families with steady jobs.

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Former California Homeowners Lash Out at Builder

The protest was the latest effort to pressure KB Home, one of the nation’s largest home builders, to change its lending policies.

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Former California Homeowners Protest Builder

The protest was the latest effort to pressure KB Home, one of the nation’s largest home builders, to change its lending policies.

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Unexpected Jump in Home Sales in February

Existing-home sales rose as buyers scooped up foreclosure properties, but the median sales price fell 15.5 percent.

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Banks Starting to Walk Away on Foreclosures

Banks are quietly declining to take possession of properties at the end of the foreclosure process because the cost of the ordeal exceeds the value of the real estate.

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