Racine Real Estate

Featured Article

• Foreclosure Activity Increases 4 Percent in April

  Tuesday May 13 | via Realty Trac 

  Foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 243,353 properties, a 4 percent increase from the previous month and a nearly 65 percent increase from April ...

  Comment?

  Related Topix: Vallejo, CA, Vallejo Metro, Foreclosures

Featured Article

• A Foreclosure Bargain for Their "Forever House"

  Wednesday May 14 | via Realty Trac 

  Karen Krynen saw an opportunity. Nestled at the top of a hill with a long private driveway, the bank-owned property sitting on a huge 40,946 square foot lot was exactly what she was looking for.

  Comment?

  Related Topix: La Habra Heights, CA, Foreclosures, Home Listing, Home

• 'Gap' insurance coverage can help buyers avoid lien hassles

  6 hrs ago | via Milwaukee Journal Sentinel 

  The last thing a new homeowner expects is a knock on the door, and a contractor asking for payment for work done while the sale of the house was in process.

  Comment?

  Related Topix: Racine Metro, Waukesha, WI, Racine, WI, Mortgage, Personal Finance

• Wisconsin foreclosures keep coming

  Wednesday May 14 | via Milwaukee Journal-Sentinal 

  Foreclosures continued to rise in Wisconsin last month, according to data from a national organization and a review of area court records.

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  Related Topix: Wisconsin, Foreclosures

• AIG reports massive Q1 net loss of US$7.8bil

  Thursday May 8 | via The Star Online 

  KUALA LUMPUR: The world's largest insurer - American International Group, Inc. - reported a massive net loss of US$7.81bil or US$3.09 per diluted share, due to fallout from the subprime mortgage crisis in the ...

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance, World News, Malaysia, Kuala Lumpur, Malaysia, Insurance, American International Group

• Insurer AIG has $7.8 bln Q1 loss, to raise capital

  Thursday May 8 | via Reuters 

  American International Group Inc , the world's largest insurer, posted its largest ever quarterly loss on Thursday after writing down assets linked to subprime mortgages, and said it would raise $12.5 billion ...

  Comment?

  Related Topix: Insurance, American International Group, Home, Mortgage, Mortgage, Personal Finance, Racine Metro, Racine, WI, Milwaukee Metro

• Citigroup Declines as $3 Billion Share Sale Will Dilute Investor Holdings

  Wednesday Apr 30 | via Bloomberg 

  Citigroup Inc. , the biggest U.S. bank by assets, fell in early New York trading after the company announced plans to sell $3 billion of stock to increase capital depleted by writedowns on subprime-related ...

  Comment?

  Related Topix: Financial Markets, Racine Metro, Racine, WI, Milwaukee Metro, Home, Mortgage, Mortgage, Personal Finance

• Reflection: On Gambling: On Rolling out the Call: On Rolling Out the "Con"; On Delusion

  Wednesday May 14 | via Evansville Observer 

  Today we have news that year on year, foreclosures have increased 65% in April 2008.

  Comment?

  Related Topix: Ben Bernanke, Wisconsin, Home, Mortgage, Mortgage, Personal Finance, Foreclosures

• State CPAs have advice on economic stimulus payments

  Thursday | via Rivertowns.net 

  Whether by check or direct deposit, Wisconsinites are getting their economic stimulus payments, and the Wisconsin Institute of Certified Public Accoutants has some advice on what to do with the cash.

  Comment?

  Related Topix: Financial Services, Accounting, Wisconsin Government, Wisconsin, Home, Mortgage

• Existing home sales decline

  Wednesday May 14 | via WisInfo 

  MADISON - Sales of existing homes around Wisconsin for the first three months of the year are down 24.1 percent when compared with the same time last year.

  Comment?

  Related Topix: Real Estate, Home, Home Selling, Housing, Wisconsin, Appleton Metro, Appleton, WI

• Home sales, prices fell in 1st quarter

  Tuesday May 13 | via Milwaukee Journal Sentinel 

  The number of homes sold in Wisconsin, and their price, fell in the first quarter compared with a year ago, according to data released by the state Realtors association.

  Comment?

  Related Topix: Milwaukee County, WI, Housing, Real Estate, Germantown, WI, Wisconsin, Wisconsin Government

• My View: Government can always make problems worse

  Saturday May 3 | via Wisconsin Rapids Daily Tribune 

  My View: Government can always make problems worse Last summer, the state Legislature and Gov.

  Comment?

  Related Topix: Housing, Wisconsin, Wisconsin Government

• Upside-down, still paying, and stuck

  2 min ago | via Mighty Bargain Hunter 

  Free Money Finance posted a question from a reader who's paying on a house that's now worth less than what's owed on it.

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• Assessor to reduce property tax values

  4 min ago | via The Union 

  The Union staff The Nevada County Assessor's office will reduce assessed values of properties for the 2008-09 in cases where market values have declined, county Assessor Dale Flippin said Friday.

  Comment?

  Related Topix: Housing

• Fitch Rates Arlington County, Virginia GOs 'AAA'; Stable Outlook

  10 hrs ago | via PR-inside.com 

  The bonds are scheduled to sell competitively on June 3, with proceeds funding various public improvement projects.

  Comment?

  Related Topix: Housing, Foreclosures

• Fannie Mae eases ZIP code equity rule

  9 min ago | via Chicago Tribune 

  Fannie Mae is doing away with higher minimum down-payment requirements for borrowers in parts of the country where home prices are dropping.

  Comment?

  Related Topix: Housing, Foreclosures, Home, Mortgage, Mortgage, Personal Finance, Financial Services, Fannie Mae, Business News

• Consumer confidence index hits lowest level since June 1980

  9 min ago | via Chicago Tribune 

  Confidence among U.S. consumers fell in May to the lowest level in almost 28 years as record-high fuel prices, lower home values and fewer jobs rattled Americans.

  Comment?

  Related Topix: Housing, Business News