Foreclosures in Minnesota last year were about 26 percent lower than the year before, dropping to the lowest level in more than a decade, according to newly released data compiled by the Minnesota Homeownership Center. There were about 5,300 properties statewide that went to a sheriff's sale in 2016, with just over half in the Twin Cities.
Clockwise from top left: Mattress Firm seeks tax breaks from Nassau County, Long Island's median home price increases over October 2017, Starwood Capital Group sells Uniondale Marriott, and a German grocery chain acquires 24 Best Market stores on Long Island. Long Island's median home price increases over October 2017 The median home price on Long…
A three-judge panel of the Ninth Circuit recently affirmed a district court's summary judgment finding that a national consumer reporting agency did not violate the Fair Credit Reporting Act . The court explained that the CRA could not be held responsible for the adverse consequences that consumers may face when a subscriber interprets consumer reports…
The spring housing market started early this year, not because of higher-than-average temperatures but because of hotter-than-average demand and overheating home prices. This year may be the starkest example of a post-recession reality that is redefining housing as we know it. Foreclosure News
Buying a home usually has a monster obstacle – coming up with a sufficient down payment. You can put less than the traditional 20% down payment but the lender will likely require you to buy mortgage insurance. Foreclosure News
If any of this applies to you, this is a serious situation and you might be on your way to foreclosure. The easiest thing to do is ignore any phone calls from your lender or the demand letter that they may have sent to you, but doing so is really the worst thing you can…
Shane Merrill lives in a small town in South Dakota that's 1,400 miles from Wall Street, but he watches the numbers as avidly as the traders. Merrill isn't an investment manager. Foreclosure News
