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Foreclosures At All-Time High In First Quarter

The Center for Responsible Lending estimates that the U.S. has surpassed 1 million foreclosure filings in 2009, and there is no end in sight as an alarming number of Americans are delinquent on their mortgage payments. Will the next wave of foreclosures mean a further drop in the housing market? Property Wire reports on the latest foreclosure and delinquency numbers.

Obama's energy plan has real benefits for commercial real estate

President Barack Obama's recently passed U.S. economic stimulus plan includes numerous provisions - and billions of dollars - aimed at moving forward the energy and environment agenda. Both the President's energy plan and the stimulus package specifically call for greening buildings, and the commercial real estate industry in the Chicago area should pay attention sooner rather than later.

Highlighting International Real Estate ETFs

Brandon Clay seeking alpha 02.06.2009
AIG Said to Agree to Sell NYC Headquarters Buildings (Update2)

June 2 (Bloomberg) -- American International Group Inc., the insurer saved from collapse by the U.S. government, agreed to sell its New York headquarters and an adjacent office building, two people familiar with the matter said.

Highlighting International Real Estate ETFs

We Americans live in interesting times. On the one hand, our new Camelot-like president has raised the hopes of millions. On the other hand, we’re in the most challenging economic environment of our generation. Two victims of the meltdown have been real estate and the dollar: real estate because of all the overvalued properties, the dollar because of government spending.

Stable housing market pushes home prices up in March

HEATHER NOLAN beaumont enterprise 01.06.2009
Stable housing market pushes home prices up in March

The region's stable housing market continues to push the area's home prices up, which Realtors say is helping sellers get a fair price for property.

Real Estate Leaders Meet with Gov’t Reps during Coldwell Banker’s ‘Legislative Week’

RISMEDIA, June 1, 2009-Coldwell Banker “Legislative Week” is underway with a coordinated national grassroots effort that has the brand’s network of local brokers and franchisees communicating directly with their U.S. Senators and Congressional delegates on what can be done to help the housing market.

April new home sales inch upward

ALAN ZIBEL google.com 29.05.2009
April new home sales inch upward

WASHINGTON (AP) — Sales of newly built homes were flat last month, but were 7 percent above the rock-bottom lows of January as the battered U.S. real estate market appears to be starting a slow and gradual recovery.

Once stable property markets in US now seeing increased real estate price falls

The rate of property price falls in some states in the US is accelerating, according to the latest national data to be published.

Job Losses Push Safer Mortgages to Foreclosure

PETER S. GOODMAN and JACK HEALY The New York Times 26.05.2009
Facing foreclosure? Modify your mortgage, local real estate experts say

Local real estate experts are reaching out to homeowners fearing foreclosure with options to avoid losing their homes.

Job Losses Push Safer Mortgages to Foreclosure

As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures.


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