Saturday, August 8, 2009

Rising unemployment makes foreclosure crisis worse - Daily Tribune

AP photo In this April photo, Robin Lewis sits in her kitchen surrounded by jugs of water in Rockford, Ill. Lewis whose water and heat have been shut off, is trying desperately to save her home from foreclosure. WASHINGTON — Relentlessly rising ..., more 
and Foreclosures rise 15 percent in 2009 - Mercury  WASHINGTON — The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. The mushrooming foreclosure ..., more 
and Silicon Valley home sales at three-year high - Contra Costa Times  Home sales in Santa Clara County jumped to their highest level in three years last month, fed by bargains and a loosening of the mortgage market. At the same time, a reviving market in costlier homes and a drop in foreclosure sales helped boost the ..., more 

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