Arizona, Phoenix foreclosure and delinquency rates are below national averages
Foreclosure rates in Arizona are down, and for both the state and its major metro areas remain lower than the national average.
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Foreclosed mall want taxable value cut from $138M to $10M
ByadminA Pennsylvania mall that was foreclosed on after its owners failed to repay $ 143 million is now seeking to cut its property tax value from $ 138.3 million to $ 10.1 million. The Pittsburgh Post-Gazette reports the owner of the Galleria at Pittsburgh Mills, Morgan Stanley Capital, last week appealed the county's refusal to…
Habitat looking for future homeowners
ByadminHabitat for Humanity of Franklin County Vice President John Wilson works with volunteers John Purdue, Shannon Brooks and Jessica Vehmeier in gutting the interior of a house on Six Mile Post Road that Habitat is remodeling into like-new condition for a future homeowner. Nelson Cline, president of the Habitat for Humanity of Franklin County, takes…
Fitch Assigns Ratings to APOLLO Series 2017-1 Trust
ByadminLink to Fitch Ratings' Report: APOLLO Series 2017-1 Trust here SYDNEY, March 13 Fitch Ratings has assigned final ratings to APOLLO Series 2017-1 Trust's residential mortgage-backed floating-rate notes. The issuance consists of notes backed by first-ranking prime Australian mortgages originated by Suncorp-Metway Limited . Foreclosure News
Standoff defendant was critical of government in court papers
ByadminA man involved in a 12-hour police standoff Monday in Peru was appointed an attorney at his first hearing Tuesday in La Salle County Circuit Court. Jeffrey M. Sorrentino, 56, is charged with firing a gunshot at Sheriff Tom Templeton and a sheriff's lieutenant at 11:40 a.m. Monday, as they approached to remove him from…
Existing Home Sales and Prices Surge Despite Rate Increases
ByadminExisting home sales kicked off 2017 with a spurt that brought sales of single family homes, townhomes, condos, and cooperative apartments to the fastest pace in nearly a decade . The National Association of Realtors said January sales were up 3.23 percent from December to a seasonally adjusted annual rate of 5.69 million units. Foreclosure…
Single-Family Rental Boom Lowered Annual Home Sales by 270,000 Homes
ByadminSEATTLE: A boom in single-family rentals contributed to a crunch in affordable inventory, limiting options for lower- and middle-income buyers. The number of single-family homes that are rented grew by 5 million between 2006 and early 2017, and these homes tend to skew toward the less expensive end of the housing market. Foreclosure News