Ambridge Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

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  Related Topix: Home, Foreclosures, Mortgage, Mortgage, Personal Finance

Local Headlines

• Home prices rise in June, but sales fall

  15 hrs ago | via Pittsburgh Post-Gazette 

  Metropolitan Pittsburgh's residential real estate prices grew by an average of 2 percent in June compared with a year ago, but the total dollars spent on homes fell by 15 percent during the same time frame.

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  Related Topix: Pittsburgh Metro, Housing, Beaver County, PA, Washington County, PA, Allegheny County, PA

• Soaring gas prices spur beginnings of a flight from suburbia

  Jun 7, 2008 | via Times Leader 

  When it took $45 to fill the gas tank in Eric Wallace's Honda Civic, he knew his days of driving 40 miles each way to work couldn't last.

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  Related Topix: Arnold, PA, Leetsdale, PA, Allegheny County, PA, Real Estate, Home Listing, Home

• Group marches to protest mortgage foreclosures

  Friday Jun 27 | via Pittsburgh Post-Gazette 

  The 40 or so protesters marching through East Liberty yesterday morning traveled only five blocks. 5 comments

  Related Topix: Liberty, PA, Allegheny County, PA, Ambridge, PA, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Pittsburgh Housing Market Continues To Slump

  Jun 20, 2008 | via ThePittsburghChannel 

  Pittsburgh's slumping housing market is showing no sign of a rebound. In May, sales dropped 21 percent, which is the steepest the city has seen this year.

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  Related Topix: Freedom, PA, Beaver County, PA, Pittsburgh Metro, Housing, Beaver, PA, Real Estate

• Pittsburgh-area home foreclosures rise nearly 7 percent

  Apr 25, 2008 | via Times Leader 

  A company that tracks real estate transactions in the Pittsburgh region says home foreclosures rose 6.9 percent in the first quarter of 2008.

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  Related Topix: Pittsburgh Metro, Foreclosures, Beaver, PA, Allegheny County, PA, Beaver County, PA, Westmoreland County, PA

Regional Headlines

• Regional economy shows improvement

  15 hrs ago | via Pittsburgh Post-Gazette 

  Despite weaknesses in parts of the housing and retail sectors, the economy in the Federal Reserve's Fourth District, which includes Western Pennsylvania, Ohio and parts of Kentucky and West Virginia, improved ...

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  Related Topix: Pennsylvania, Mortgage, Home

• Economic Watchdog, July 21

  Monday Jul 21 | via Optionetics 

  The economy might take a backseat to earnings news this week, but there still are several reports that could impact trading.

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  Related Topix: Home, Mortgage, Pennsylvania, Financial Markets, Home Selling, Housing

• Dundee Homeowners Choose To Auction House

  Sunday Jul 20 | via KETV 

  Some Omaha homeowners are waiting months to sell their homes, but a family in Dundee intends to sell their in an instant.

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  Related Topix: Real Estate, Pennsylvania, Home Listing, Home

• State Capitol Roundup for July 18

  Friday Jul 18 | via Tony Phyrillas 

  I thought the Legislature was on its 2-month summer vacation, but it appears some lawmakers are still in Harrisburg.

  Comment?

  Related Topix: Pennsylvania, Pennsylvania Government, Home, Mortgage

• Wachovia's Brokerage Inspected by State Regulators in Auction-Rate Probe

  Thursday Jul 17 | via Bloomberg 

  Wachovia Corp. 's securities division was inspected by a team of regulators from more than five states who delivered subpoenas today as part of a probe into the company's sales of auction-rate bonds.

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  Related Topix: Marketing, Advertising, Boston University, Pennsylvania

National Headlines

• Discounted mortgage notes can stop foreclosures

  4 min ago | via Business Standard 

  Where politicians and bankers see vexing liabilities in defaulted mortgages and foreclosures, Robert Lee sees opportunities as he picks up the pieces of the housing bust.

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  Related Topix: Huntington Beach, CA, Home, Mortgage, Mortgage, Personal Finance, Foreclosures

• Closing Market ... Dow "283.10 ... S&P "29.65 ... Nasdaq "45.77

  6 min ago | via Cleveland.com 

  Wall Street abruptly ended an earnings-driven rally and closed sharply lower today after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent ...

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  Related Topix: Home, Housing, Home Selling, Real Estate

• Stocks Tumble After Sales of Existing Homes Fall; Dow Down 283 Points

  6 min ago | via ArkansasBusiness.com 

  The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 275 points.

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  Related Topix: Financial Markets, The National, Entertainment, Television, Real Estate, Home, Housing, Home Selling

• Housing Market Legislation Update

  6 min ago | via Business Law Prof Blog 

  On Wednesday, President Bush dropped his opposition to the current housing market legislation despite his objections to a $3.9 billion provision.

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  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• US House to help homeowners

  8 min ago | via The Taipei Times 

  AIDING MORTGAGE GIANTS: The House of Representatives voted to pass a bill that will provide liquidity to Fannie Mae and Freddie Mac, with some denying it is a bailout AP, WASHINGTON Friday, Jul 25, 2008, Page 7 ...

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  Related Topix: Foreclosures, George Bush, US Politics, US News, Financial Services, Fannie Mae, Home, Mortgage, Mortgage, Personal Finance