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Florida a Growth Leader!
Submitted by Karen Lindholm
Florida’s weather isn’t the only climate that’s among the best in the nation. The state’s business climate also fares well. It’s ranked fourth-best in the nation, according to a study by marketing company Development Counsellors ... 
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Changes Made To The Maryland Protection of Homeowners In Foreclosure Act
Submitted by Bruce Norton
On April 3, 2008, Governor O'Malley signed a package of bills relating to foreclosures into law. The bills were put forth as "Emergency Legislation," which in Maryland means they become law the day the Governor signs them. While there were several bills in the package, I am going to concentrate on the changes to the Protection of Homeowners In Foreclosure Act, commonly referred to as PHIFA. There are a couple key points to the bill that are of critical importance. The first is that PHIFA is no longer just about foreclosures. Anyone who knowingly or unknowingly purchases an owner occupied residence that is 60 days or more late on the mortgage, must comply in all respects to the law. This has far reaching implications in the purchase ... 
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35794 NYS Route 126
35794 NYS Route 126
Carthage, New York
NOI: $0 CAP: $0.000%
Price: $395,000 FMV: $0
Remerica-Traverse City
atlanta
Adams, Cameron & Co.
Graham & Bowling Realty

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Real Estate Investing News

Second Quarter Survey Shows Home Buyers Responding to Lower Metro Prices

Tuesday, August 26, 2008 @ 12:28 PM EDT (Read 54 times)
/PRNewswire-USNewswire/ -- Existing-home sales rose from the first quarter in 13 states, largely ..."
Click Here For Full Article

Can a Game Help Revive the Down Real Estate Market and the Economy?
Tuesday, August 26, 2008 @ 12:15 PM EDT
Read 81 times,

A new website, http://www.amuktrade.com, introduces an online virtual trading game in which users can experiment with financial asset management, pricing and trading, especially with quick pricing and trading of large, illiquid financial assets /PRNewswire/ -- What if a homeowner, facing foreclosure, can sell off his ownership interest in his ...


Grubb & Ellis Realty Investors Acquires One Live Oak in Atlanta
Tuesday, August 26, 2008 @ 12:14 PM EDT
Read 36 times,

/PRNewswire-FirstCall/ -- Grubb & Ellis Realty Investors, LLC today announced it has acquired One ...


Small Biz Finance Experts Urge Entrepreneurs to Avoid Credit Vortex With Solid Foundation, Sound Strategies
Tuesday, August 26, 2008 @ 12:13 PM EDT
Read 53 times,

Separating Business and Personal Credit is Crucial; Understanding Biz Credit Approval Process Before Applying is Key /PRNewswire/ -- Amidst the glaring media attention focused on escalating home foreclosure rates and ...


New Era for Real Estate Foreclosure and Property Management
Tuesday, August 26, 2008 @ 12:12 PM EDT
Read 78 times,

/PRNewswire/ -- REO managers face growing concerns over souring foreclosure rates well over 50% that ...


July Existing-Home Sales Show Gain
Tuesday, August 26, 2008 @ 12:11 PM EDT
Read 24 times,

/PRNewswire-USNewswire/ -- Existing-home sales rose in July to the highest level in five months, ...


First Financial Network, Inc. to Sell $75 Million Commercial Real Estate Loan Portfolio
Tuesday, August 26, 2008 @ 12:08 PM EDT
Read 41 times,

/PRNewswire/ -- First Financial Network, Inc., the nation's leading loan sale advisor, today ...

Apartments.com National Survey Reveals Renters are Spending More to Move in 2008
Tuesday, August 12, 2008 @ 11:49 AM EDT
Read 221 Times

More Than Fifty Percent of Renters Are Spending More on Moves This Year; Professional Movers and Truck Rentals Listed as Top Expenses /PRNewswire/ -- As soaring energy and food costs continue to drive up consumer expenditures around ...
The Majority of U.S. Homeowners Thinks Their Home is Insulated From the Housing Crisis
Tuesday, August 12, 2008 @ 11:47 AM EDT
Read 147 Times

According to Zillow Q2 Homeowner Confidence Survey 62% of homeowners believe their home's value has increased or stayed the same in the past year yet 77% of U.S. homes actually declined in value Short-Term Outlook: More optimism for own home vs. neighbors' homes in next six months although 70% say they are concerned foreclosures will decrease home values in their market within next year; 56% planning home improvements /PRNewswire/ -- Despite widely covered housing woes and significant market data to the contrary, ...
Pending Home Sales Rise, Wider Gains Anticipated as Buyers Tap Housing Provisions
Tuesday, August 12, 2008 @ 11:46 AM EDT
Read 149 Times

/PRNewswire-USNewswire/ -- Some improvement is projected for existing-home sales in the months ...
Realtors(R) Report Foreigners Come to America - to Buy Homes
Tuesday, August 12, 2008 @ 11:44 AM EDT
Read 174 Times

/PRNewswire-USNewswire/ -- International real estate purchases in the U.S. continue to be a ...
Freddie Mac Releases Second Quarter 2008 Financial Results
Tuesday, August 12, 2008 @ 11:43 AM EDT
Read 147 Times

- Second quarter net loss of $821 million, or $1.63 per diluted share, compared to a net loss of $151 million, or $0.66 per diluted share, in the first quarter of 2008. - Provision for credit losses of $2.5 billion, compared to $1.2 billion for the first quarter of 2008, reflecting increases in delinquency rates, foreclosures and estimated severity of losses driven by continued declines in home prices. - Security impairments on the company's available-for-sale securities were approximately $1.0 billion for the second quarter of 2008 primarily related to non-agency mortgage-related securities backed by subprime or Alt-A and other loans due to deterioration in the performance of the collateral and bond insurance underlying these securities. - Net interest income of $1.5 billion, up from $798 million in the first quarter of 2008, driven by funding costs at favorable rates and strong retained portfolio growth. - Company reaffirms its commitment to raise capital and announces its current expectation, subject to approval by the Board of Directors, to reduce the dividend on its common stock in the third quarter from $0.25 to $0.05 or less per share and to pay the full dividends at contractual rates on its preferred stock. - Estimated regulatory core capital was $37.1 billion at June 30, 2008, an estimated $8.4 billion in excess of the company's statutory minimum capital requirement, and $2.7 billion above the 20 percent mandatory target capital surplus. - SEC registration process completed with effectiveness of Registration Statement under the Exchange Act on July 18, 2008. /PRNewswire-FirstCall/ -- Freddie Mac (NYSE:FRE) today reported a net loss of $821 million, or $1.63 ...
Apartment Demand Holding Up, But Financial Crisis Hurts Capital Availability, According to National Multi Housing Council Survey
Tuesday, August 12, 2008 @ 11:41 AM EDT
Read 147 Times

PRNewswire-USNewswire/ -- The ongoing turmoil in the financial markets is affecting the apartment ...
First American Spatial Solutions Reaches 100 Million Parcel Mark for Digital Parcel Database
Tuesday, August 05, 2008 @ 09:47 AM EDT
Read 253 Times

-Conversion of Critical Parcel Information Improves the Accuracy of Location-based Solutions- /PRNewswire-FirstCall/ -- The First American Corporation (NYSE:FAF), America's largest provider of ...
LandAmerica Introduces eZLoan Optimizer(TM) to Identify Problem Loans for Mortgage Lenders and Servicers
Tuesday, August 05, 2008 @ 09:46 AM EDT
Read 250 Times

New Solution Also Recommends Actions for Reducing Portfolio Losses /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE:LFG), announces the release of ...

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