Merrimac Real Estate

Featured Article

• Foreclosure Activity Increases 4 Percent in April

  Jun 15, 2008 | via Realty Trac 

  " May 14, 2008 - " RealtyTrac , the leading online marketplace for foreclosure properties, today released its April 2008 U.S. Foreclosure Market ReportTM, which shows foreclosure filings - default notices, ...

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  Related Topix: Vallejo, CA, Foreclosures, Vallejo Metro, California

Local Headlines

• Home prices see sharp decline

  Jun 1, 2008 | via Boston.com Real Estate 

  Home prices across the northern suburbs posted sharp declines from January to April, with double-digit percentage drops recorded in several communities compared with the same period last year, according to ...

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  Related Topix: Boston, MA Metro, Boston Metro, Home, Mortgage

• Patrick shows faith in Haverhill Governor: Program will lure businesses to city

  Apr 9, 2008 | via EagleTribune.com, North Andover, MA 

  Haverhill will be one of 16 cities across Massachusetts to get state help luring businesses to downtown areas as part of a sweeping proposal Gov.

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  Related Topix: Foreclosures, Essex County, MA, Fort Devens, MA, Lawrence, MA

• Is the sky still falling? Real estate, mortgage experts say your situation is most important

  Mar 31, 2008 | via NewburyportNews.com, Newburyport, MA 

  Single-family home prices in 10 major metropolitan areas nationwide in February were down 11.4 percent from a year earlier.

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  Related Topix: Home, Home Selling, Foreclosures, Essex County, MA, Rowley, MA, Salisbury, MA, Housing

• The housing crisis in perspective

  Feb 11, 2008 | via SalemNews.com, Salem, MA 

  The following information was compiled by Beth Hogan, executive director of North Shore Community Action Programs Inc.

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  Related Topix: Peabody, MA, Home, Mortgage, Essex County, MA, Opinion

• Saugus board member: Schools to blame for decrease in home values

  Feb 6, 2008 | via The Daily Item 

  School Committee member Frederick Doucette has been consistent in his argument that home values in Saugus are tied to the school system and he thinks he can prove his point.

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  Related Topix: Housing, Essex County, MA, Saugus, MA, Kids, Family

Regional Headlines

• U.S. foreclosures surge in June

  15 hrs ago | via Providence Business News 

  The number of foreclosure actions reported statewide increased last month in Rhode Island but fell slightly in Massachusetts compared with May, as the situation nationwide worsened sharply.

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  Related Topix: Massachusetts, Foreclosures

• Mass. woman kills self before home foreclosure: police

  Wednesday | via Slam Sports 

  A 53-year-old wife and mother fatally shot herself shortly after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would be dead.

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  Related Topix: Foreclosures, Personal Finance, Mortgage, Winter Sports, Curling

• Pond View auction postponed

  Tuesday Jul 22 | via GloucesterTimes.com, Gloucester, MA 

  A foreclosure auction of the last, unbuilt piece of Pond View Village - aimed at giving the chief lender a saleable title free of more than $1.5 million owed to contractors for the state and defaulting ...

  Comment?

  Related Topix: Foreclosures, Massachusetts

• Foreclosures continue to climb in Massachusetts

  Monday Jul 21 | via Boston Business Journal 

  New Massachusetts residential foreclosures reached a temporary lull in June because of new regulations forcing a 90-day waiting period.

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  Related Topix: Massachusetts, Foreclosures

• Mass. foreclosures in holding pattern

  Monday Jul 21 | via The Boston Globe 

  Massachusetts foreclosure filings dropped 85 percent in June from a year ago, largely because of a recent change in foreclosure regulations, said ForeclosuresMass.com, a Framingham-based provider of ...

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

National Headlines

• Week ends with some upbeat economic news

  5 min ago | via San Gabriel Valley Tribune 

  After weeks of one negative report after another, the economy finally got some news Friday that wasn't half bad.

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  Related Topix: Housing, Foreclosures

• Many brokers risk loss of license

  5 min ago | via Indianapolis Star 

  Indiana's secretary of state warned mortgage brokers earlier this month that they would lose their licenses if they didn't pass a state- required test by Aug.

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  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• FOCUS: Bank-run scenes create concerns

  5 min ago | via IBJ.COM 

  It was a scary scene, reminiscent of the Great Depression: Customers lined up outside California's IndyMac Bank branches to withdraw deposits after a bank run led to the bank's failure.

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  Related Topix: Evansville, IN, Financial Markets, Home, Mortgage, Mortgage, Personal Finance

• Foreclosures Surge in Chicago

  7 min ago | via Chicago Sun-Times 

  Chicago ranks No. 35 on the list of the top 100 metropolitan areas with households facing or in foreclosure, as homeowners cope with a perfect storm of a weak housing market, declining home values, a rough ...

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  Related Topix: Chicago Metro, Foreclosures

• Bailout measure rewards failure

  7 min ago | via The Waterbury Connecticut Republican 

  The Federal Reserve is the latest agency to inject itself into the subprime-mortgage-industry meltdown with back-to-the-future rules intended to protect home buyers from "shady lending practices." They include ...

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  Related Topix: Foreclosures, Home, Mortgage, Mortgage, Personal Finance, US Politics, US News, US House of Representatives, Barney Frank, Democrat, Opinion