Archive for the ‘hard money construction loan’ Category

Tuesday August 30, 2011 05:28

Bank-owned home sales stay high

Linda Young – AHN News Writer Washingtong, DC, United States (AHN) – Bank-owned house sales remained high during the second quarter of the year with homes in some stage of the foreclosure process, including short sales, rising to 31 percent of sales compared to 24 percent a year earlier. However, that number was down from [...]

Sunday August 14, 2011 05:09

Foreclosures fall for 10th straight month

Diane Alter – AHN News Trivia Writer New York City, New York, United States (AHN) – It’s delays in filings, not market improvement. Foreclosure data from RealtyTrac shows that foreclosure filings in July dropped for the 10th consecutive month to its lowest level since November 2007. However, the picture may be a bit cloudy as [...]

Friday July 29, 2011 05:10

S&P report: US home prices seeking bottom

Linda Young – AHN News Writer New York, NY, United States (AHN) – Although home prices were up slightly in May, the major markets showed a negative growth when compared to a year earlier, according to the S&P/Case-Shiller report. The S&P/Case-Shiller 20-City Composite was down 4.5 percent while the 10-City Composite was down 3.6 percent [...]

Vittorio Hernandez – AHN News Manhattan, NY, United States (AHN) – Deutsche Bank sought the dismissal of a $1-billion U.S. lawsuit filed by the U.S. government against the largest German bank and its mortgage unit. Deutsche Bank, in a court filing, said the lawsuit failed to state the basis for holding Deutsche Bank liable for [...]

Vittorio Hernandez – AHN News New York, NY, United States (AHN) – Despite the mortgage meltdow, credit crisis and recession, about 90 percent of Americans still dream of owning a home, according to a survey released on Wednesday. The value of owning a roof over one’s head is seen in the 45 percent response of [...]

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Sales of existing homes in May fell by 3.8 percent from a month earlier to a seasonally adjusted annual rate of 4.81 million, according to a report by the National Association of Realtors. That put existing home sales at its slowest rate in [...]

Linda Young – AHN News Writer Beijing, China (AHN) – Credit ratings agency Standard & Poor’s announced that it had downgraded its outlook for China’s property market to negative from stable over concerns about the government’s decision to tighten its credit policy. China’s central bank announced on Tuesday that it planned to tighten credit to [...]

Thursday June 9, 2011 13:49

US housing prices drop again

Linda Young – AHN News Writer Washington, DC, United States (AHN) – United States housing prices continued to drop during the first three months of the year, declining in value by 4.2 percent compared to the last three months of 2010, according to the S&P Case-Shiller national home price index. Factors blamed for the drop [...]

Thursday June 9, 2011 13:49

US housing prices drop again

Linda Young – AHN News Writer Washington, DC, United States (AHN) – United States housing prices continued to drop during the first three months of the year, declining in value by 4.2 percent compared to the last three months of 2010, according to the S&P Case-Shiller national home price index. Factors blamed for the drop [...]

Today’s top news headlines feature the details of Wells Fargo’s new student loan options and reasons many schools have been forced to eliminate traditional mementos, such as yearbooks. Plus, find out how long it takes most unemployed Americans to View full post on All Stories

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