Housing market improving, but foreclosures still rampant
Ten years after the housing market collapse Eastern North Carolina seems to be healing, but it appears the military hasn't fully recovered.
Ten years after the housing market collapse Eastern North Carolina seems to be healing, but it appears the military hasn't fully recovered.
Charlotte's historic Excelsior Club, a touchstone for generations of African-Americans, faces an uncertain future after foreclosure proceedings began last week. The Beatties Ford Road landmark, which has hosted the likes of Nat King Cole, Louis Armstrong as well as a future president, has been closed since June. Foreclosure News
Three Northern California men, including one of Oakland's largest landlords, were convicted Friday of creating a massive bid-rigging scheme to scoop up hundreds of foreclosed properties at suppressed prices, U.S. Department of Justice officials said. A federal jury convicted Michael Marr, Javier Sanchez and Gregory Casorso of conspiring to rig bids at public real estate…
The aggregate value of delinquent taxes totals $ 2.1 million. Several improved properties to be featured in the auction will be available to preview on Wednesday, March 8. All auction information, including the entire list of properties and a copy of the auction e-brochure is available on the auction company's website: www.NYSAuctions.com . Foreclosure News
City Council's unanimous passage of a two-year, $ 140,000 agreement to form a Community Development Corporation with the Future Heights organization was met with a round of applause Monday. That included members of the nonprofit's board and Executive Director Deanna Bremer Fisher, who said the first task will be to hire a real estate development…
It was a simple phone call between two real estate billionaires that led to the formation of a behemoth in the house-rental industry. Property investor Barry Sternlicht called Jon Gray, head of real estate for Blackstone Group LP, in the spring proposing a combination of Starwood Waypoint Homes, of which Sternlicht is chairman, and Invitation…
In December, the condo board at One57 , the ultra-luxury skyscraper on Billionaires' Row, slapped the owner of a $ 50.9 million unit with a $ 64,331 bill for unpaid building fees. Six months later, the owner, Nigerian oil magnate Kola Aluko, was under investigation for alleged money laundering. Foreclosure News