Monterey Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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  Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage

Regional Headlines

• Hundreds of foreclosed homes up for auction

  Sunday Jul 20 | via WISH-TV8 Indianapolis 

  Nearly 100 homes in the metro market went up on the auction block Sunday. All of them were in foreclosure. 22 comments

  Related Topix: Indiana, Foreclosures, Home, Mortgage

• Recovery takes long-term approach

  Friday Jul 18 | via The Tribune 

  It's been six weeks since floodwaters inundated Jackson County and much of central and southern Indiana, leaving behind a path of costly destruction and scores of homeless residents.

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  Related Topix: Bartholomew County, IN, Seymour, IN, Indiana, Home, Mortgage

• Group may go to court to halt foreclosure sales

  Monday Jul 14 | via WNDU-TV South Bend 

  A national housing activist group is threatening legal action to force Lake County's sheriff to halt the sale of foreclosed properties. 4 comments

  Related Topix: Foreclosures, Indiana

• Dow wobbles but regains feet

  Friday Jul 11 | via IndyStar.com 

  Fears that the nation could slip into recession and drag down Indiana stirred on Friday after oil prices soared on war worries and a key stock market index reeled over concerns about mortgage giants Fannie Mae ...

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  Related Topix: Financial Markets, Ben Bernanke, Home, Mortgage, Mortgage, Personal Finance, Indiana

• Central Indiana home sales remain weak in June

  Friday Jul 11 | via The Indianapolis Star 

  Home sales in the Indianapolis area remained weak in June, falling almost 20 percent over the same month a year ago.

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  Related Topix: Indiana, Indianapolis, IN, Housing, Central, IN, Real Estate, Hendricks County, IN

National Headlines

• Discounted mortgage notes can stop foreclosures

  6 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

  7 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

  8 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

  8 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

  9 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