A cool spell for Indiana's home resales market
Wednesday Dec 23 | via IndyStar.com
Home resales had brokers in Indiana and the rest of the nation a-leaping in November, but the extension of a federal tax credit through April and record-low mortgage rates don't hold much chance of increasing sales in the state this winter, a local real estate leader said. Comment?
Wednesday Dec 23 | via Journal Gazette
Home sales grew more than expected in November as buyers raced to take advantage of the original tax credit deadline. Comment?
Indiana home resales jump 36% in November
Tuesday Dec 22 | via The Indianapolis Star
November homes resales in Indiana increased 36.5 percent from the same month last year, the second consecutive month for such a jump as Hoosiers likely took advantage of the $8,000 first-time homebuyer tax credit, the Indiana Association of Realtors said today. Comment?
Stephanie Salter: Think property tax caps are a no-b...
Saturday Dec 19 | via Tribune-Star
Let's see. State revenue forecasts are so bad, the governor has announced we must finally break into our $1.3 billion reserves and cut $300 million out of the K-12 public school system's budget for the next two years. Comment?
Kansas bank accuses Indiana auctioneer of loan misdeeds
Friday Dec 18 | via WNDU-TV South Bend
A Kansas bank has asked a judge to hold auto auctioneer Dean Kruse in contempt of court, alleging he violated terms of a loan on which he still owes $6.5 million. Comment?
Despite record-low mortgage rates, many can't refinance
10 min ago | via Chicago Sun-Times
Ron Cowgill, 46, who does home remodeling, has wanted to refinance out of a 7.75 percent mortgage interest rate, but he can't. Cowgill and his wife, Diane, a teacher's aide in Glenview, have a $3,700 monthly mortgage payment now. Comment?
New rules seek to protect tenants
11 min ago | via Philly.com
On Memorial Day weekend, a man knocked on the door of Sheila Walker's Wildwood apartment and presented her with an offer: $1,500 to vacate in three weeks. Comment?
28 min ago | via Lowell Sun
Q: I can't sell my home for enough money to pay off my mortgage. The bank offered to accept a "short sale" but what are the negative effects after the sale? A: Think of your life like a business. Comment?
29 min ago | via Democrat & Chronicle
Before Jerrilyn and Jeffrey Boynton officially list their Perinton home on the market for sale on New Year's Day, they wanted to make sure they did not make any mistakes as sellers. Comment?
Christmas Bonuses for Fannie and Freddie
30 min ago | via Marginal Revolution
The Obama administration tried to sneak this one under the radar by making it official on Christmas Eve. Comment?