Homewood Real Estate

Featured Article

• High-End Foreclosures Rising Among Top Tier Homes

  Monday Jun 30 | via Realty Trac 

  Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...

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  Related Topix: Housing, Home, Mortgage

Local Headlines

• Farm Animals Left to Die in Economic Hard Times

  Thursday Jul 24 | via ABC 33/40 

  Farm animals are becoming the latest casualties of an economy riddled with home foreclosures and soaring gas and food prices.

  Comment?

  Related Topix: Foreclosures, Birmingham, AL, Birmingham Metro, Jefferson County, AL, Weather, Natural Disasters, Drought

• Human resources

  Tuesday Jul 15 | via The Birmingham News 

  Recent promotions at civil and structural engineering firm LBYD Inc. are Michael McCauley as senior project manager; and Stefan Graeber and Prabhu Sundaram as project managers.

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  Related Topix: Homewood, AL, Mortgage, Personal Finance, Chelsea, AL, Birmingham Metro

• Pets hurt in economic downturn, Birmingham area rescue groups say

  Saturday Jul 5 | via Birmingham News Online 

  Sonora, a sweet-tempered blond cocker spaniel, was surrendered to the Greater Birmingham Humane Society last week after her distraught owner lost his home in foreclosure.

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  Related Topix: Foreclosures, Jefferson County, AL, Birmingham, AL, Birmingham Metro

• MLGW Restructures Debt

  Tuesday Jul 1 | via The Daily News 

  Memphis Light, Gas and Water Division executives recently approached a group of Memphis City Council members with a seemingly complicated plan to restructure hundreds of millions of dollars of debt on the ...

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  Related Topix: Energy, Home, Mortgage, Mortgage, Personal Finance, Opinion

• What's my home worth? Search the database of Jefferson County property values

  Monday Jun 30 | via Everything Alabama 

  This year's revaluation of real estate in Jefferson County shows evidence of slumping housing values in metro Birmingham, even though most homeowners will see their home's tax value increase.

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  Related Topix: Jefferson County, AL, Real Estate

Regional Headlines

• How they voted: Senate roll call on housing bill

  16 hrs ago | via Alabama Live 

  The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.

  Comment?

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

• US foreclosure filings more than double in 2Q

  Friday | via Washington Post 

  By J.W. ELPHINSTONE The Associated Press Friday, July 25, 2008; 2:41 PM NEW YORK -- The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, ...

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  Related Topix: Housing, Alabama, Foreclosures

• U.S. foreclosure filings more than double in 2nd quarter

  Friday | via SF Gate 

  Nationwide, 739,714 homes received at least one foreclosure-related notice during the quarter, or one in every 171 U.S. households, Irvine, Calif.-based RealtyTrac Inc.

  Comment?

  Related Topix: Housing, Alabama, Foreclosures

• Slump of state home sales continues

  Thursday | via Prattville Progress 

  Slump of state home sales continues Staff and wire reports * July 25, 2008 Home sales across Alabama plummeted during June.

  Comment?

  Related Topix: Housing, Alabama

• Housing Rescue Bill Awaits Senate, but Questions Remain

  Thursday | via WMFE 

  A hotly-debated housing bill aimed at helping struggling homeowners and shoring up Fannie Mae and Freddie Mac is next headed for the Senate.

  Comment?

  Related Topix: Alabama Government, Alabama, Home, Mortgage, Mortgage, Personal Finance

National Headlines

• Housing rescue passes

  7 min ago | via Martinsville Bulletin - Martinsville, Virginia 

  The candidates for the 5th District House seat in the November election differ on the merits of the housing legislation passed by Congress last week.

  Comment?

  Related Topix: George Bush, US Politics, US News, 2008 Presidential Election, Home, Mortgage, Mortgage, Personal Finance, Foreclosures

• Banks rally as CEOs hold off on shares

  3 hrs ago | via The Clarion-Ledger 

  With many banks still reporting massive writedowns and even quarterly losses from bad mortgage investments, it certainly seems like an odd time for financial stocks to rally.

  Comment?

  Related Topix: Banking, Financial Services, Citigroup, Home, Mortgage, Mortgage, Personal Finance, Wachovia Corporation, Merrill Lynch and Co, Investment Services

• Mortgage firm rescue bill awaits Bush's OK

  3 hrs ago | via The Clarion-Ledger 

  Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy.

  Comment?

  Related Topix: US Politics, US News, Christopher Dodd, George Bush, 2008 Presidential Election, Home, Mortgage, Mortgage, Personal Finance

• Financing completed for Pa. shopping center

  3 hrs ago | via CourierPostOnline 

  Pennsylvania Real Estate Investment Trust has completed a $54 million financing of Paxton Towne Centre in Harrisburg, Pa.

  Comment?

  Related Topix: Real Estate, Pennsylvania Real Estate Investment Trust, Harrisburg, PA, Home, Mortgage

• Local communities sit half-built, fully troubled

  3 hrs ago | via News Press 

  Michael and Judith Van Dress have a lot of privacy and not a lot of competition when they use the brand-new fitness center at their condominium in Concordia.

  Comment?

  Related Topix: Cape Coral, FL, Housing, Lee County, FL, Naples Metro