May sales of existing single-family homes in Lee County continued at a near-record pace while prices spiked up, according to statistics released Tuesday by the Florida Association of Realtors. The median price rose to $88,500, up 3.5 percent or $3 ..., more
and Evanston apartment tower hit with foreclosure suit - Crain's Chicago Business (Crain’s) — A pioneering effort to develop a 221-unit apartment building on the scruffy border of Evanston and Rogers Park has been whacked by a $38.2-million foreclosure lawsuit. PNC Bank alleges that a venture that includes a sister company ..., more
and Freddie and Fannie Experiencing Flood Of Foreclosure Starts - Nuwireinvestor.com Despite efforts by Fannie and Freddie to modify loans, foreclosures are flooding the government-sponsored enterprises at an increasing rate. Foreclosure starts on Fannie and Freddie mortgages increased significantly from 149,000 in Q4 to 243,000 in ..., more
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