A cool spell for Indiana's home resales market
Yesterday | 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?
Yesterday | 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 | 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?
ID theft settlement gets preliminary approval
3 min ago | via FindLaw
A federal judge has given preliminary approval to a settlement between Countrywide Financial Corp., and millions of customers whose detailed financial information was exposed in a security breach. Comment?
Mortgage rates inch above 5 percent
3 min ago | via The Wichita Eagle
The average fixed rate on a 30-year mortgage was 5.05 percent this week, up from 4.94 percent last week, Freddie Mac said Thursday. Comment?
Gov't lifts bailout cap for Fannie and Freddie
4 min ago | via Myrtle Beach Online
The Obama administration says it is removing the $400 billion financial cap it will provide to Fannie Mae and Freddie Mac to keep the mortgage giants from failing. Comment?
Maine boosting number of foreclosure counselors
7 min ago | via Gouverneur Times
The Bureau of Consumer Credit Protection says it's working to add four nonprofit licensing agencies to the two now under contract, with the goal of adding at least six certified counselors statewide. Comment?
Resources for Accidental Landlords
18 min ago | via New York Times
In this economy, lots of people who cana t sell their old homes are resorting to renting them out, ending up as accidental landlords. Comment?