Springfield 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

• Inflation's rapid climb rattles economy

  Wednesday Jul 16 | via The News-Examiner 

  The price of a quart of milk, a plane ticket and a host of other products rose in June at nearly the fastest pace in a generation, taking an even bigger-than-expected bite out of the buying power of Americans.

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  Related Topix: Home, Mortgage

• Pending Home Sales

  Tuesday Jul 8 | via Meridian Star 

  A measurement of pending home sales fell to its third-lowest reading on record in May as the housing market's recovery continued to prove elusive.

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  Related Topix: Real Estate, Housing

• Men get 8 years for stealing during open houses

  Wednesday Jul 2 | via State Journal-Register 

  The two Springfield men charged in a string of burglaries at real estate open houses pleaded guilty Wednesday and were each sentenced to eight years in prison.

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  Related Topix: Springfield, IL, Springfield Metro, Housing, Real Estate, Nintendo Wii, Video Games

• Construction plan sidelined as gambling fails in Ill. House

  May 31, 2008 | via Quad-City Times 

  SPRINGFIELD, Ill. - The Illinois House has blocked a major gambling expansion, a move that stalls action on a statewide construction program.

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  Related Topix: Springfield Metro, Springfield, IL, Personal Finance, Mortgage

• Durable goods show strength in many areas

  May 28, 2008 | via The News Tribune 

  Eric Risberg AP Photo In this May 1, 2008 file photo, new homes are shown for sale along coastal Highway One in Moss Landing, Calif.

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  Related Topix: Springfield Metro, Springfield, IL, Housing

Regional Headlines

• Nevada Leads Foreclosure Tally in 2Q

  11 hrs ago | via Realtor Magazine 

  One in every 171 households received a foreclosure notice during the second quarter, an increase of 121 percent compared with the same quarter in 2007, according to RealtyTrac, which monitors foreclosure ...

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  Related Topix: Foreclosures, Illinois

• Roskam votes against blank check for Bush Administration

  15 hrs ago | via Illinoisreview 

  Roskam broke ranks with the Bush Administration yesterday on the mortgage bill, citing lack of oversight and resulting increased federal spending as his main complaints.

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  Related Topix: Home, Mortgage, US News, Illinois, Illinois Government

• Area home sales continue to decline

  22 hrs ago | via Herald News 

  The June home sales and foreclosure numbers are out, and it's pretty much more of the same for Will, Grundy and Kendall counties.

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  Related Topix: Housing, Foreclosures, Illinois

• House OKs rescue for homeowners, Freddie, Fannie

  Yesterday | via Weakley County Press 

  Posted Thursday, July 24, 2008 5:28 pm CDT Obama uses Berlin symbolism to rally allies As people in Berlin prepared for Sen.

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  Related Topix: US Politics, US News, Barack Obama, Foreclosures, George Bush, Illinois, Illinois Government, Financial Services, Fannie Mae

• First Chicago Mortgage shuttered in fraud investigation

  Yesterday | via SNL Financial 

  Illinois Gov. Rod Blagojevich said July 24 that state regulators revoked the residential mortgage license of First Chicago Mortgage Co.

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

National Headlines

• Week ends with some upbeat economic news

  7 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

  7 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

  7 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

  9 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

  9 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