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Spacious 3 bedroom 2 bath home, deck, fenced backyard and basement will be sold at public auction on Wednesday July 21 at 6PM CST subject to seller confirmation. 5577 Pierce View Lane, Imperial, MO 63052 Photo Gallery Directions to location Get notified of upcoming auctions Permalink Neighborhood...
07/19/2010
In what seems to be a never-ending trend, Florida’s existing-home and condo sales increased once again in May, according to the latest housing data released by Florida Realtors.A total of 16,745 single-family existing homes were sold in the Sunshine State last month, jumping 18 percent from the n...
06/28/2010
Following a run of disappointing economic data – from housing, to jobs, to consumer spending – mortgage rates fell to record lows for the week ending June 24, 2010, Freddie Mac and Bankrate reported.According to Freddie Mac’s Primary Mortgage Market Survey, 30-year fixed-rate mortgages averaged 4...
06/28/2010
Mortgage servicers completed 112,088 loan modifications through their own proprietary programs in May, according to a report released this week by HOPE NOW. That compares to 47,724 new permanent modifications under the government’s Home Affordable Modification Program (HAMP) during the same month...
06/28/2010
Banks in Florida, Georgia, and New Mexico were shut down over the weekend, bringing the number of failed FDIC-insured institutions to 86 for the year. That’s nearly twice the number of closings at this time last year.The FDIC says it expects bank failures to peak in the latter half of 2010. The a...
06/28/2010
A new study released Monday by data service provider Experian finds that nearly 1 in 5 mortgage delinquencies during the second quarter of 2009, or 19 percent, was the result of a borrower intentionally, strategically defaulting.The company called the share of walk-aways “high,” but said “there i...
06/28/2010
1990 S. Pointe Prairie Road, Wentzville, MO 63385 Photo Gallery Directions to location Get notified of upcoming auctions Permalink Neighborhood Financing Standard Terms of Real Estate Sales Contract • 2009 Tax Information • Seller Disclosure • Lead Paint Disclosure • Septic Well Disclosure • Pro...
06/24/2010
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The Federal Reserve decided Wednesday to keep the target range of its benchmark federal funds rate at 0 to 0.25 percent – a level it’s maintained for a year and a half now.The continued holding pattern was widely expected, although central bank officials noted in their monetary policy statement t...
06/24/2010
Despite being able to afford their monthly mortgage payments, some borrowers are walking away from their homes based on the sheer fact that the property is currently worth less than what is owed. This phenomenon, dubbed “strategic default,” isn’t looked upon kindly, as it unnecessarily adds to th...
06/24/2010
Residential-construction starts fell in May 2010 to their lowest level in a year, as an anticipated slowdown in sales after the expiration of the home buyers’ tax credits took hold of the market.The Commerce Department reported recently that overall housing starts fell 10% from April, while build...
06/19/2010