Wednesday, June 24, 2009

Local home sales see 32 percent increase - Traverse City Record-Eagle

WASHINGTON -- Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best. The National Association of Realtors said Tuesday that home sales rose 2.4 ..., more 
and ManyƂ stuck in foreclosure limbo - MSNBC  A growing number of American homeowners are falling into financial limbo: They're badly behind on payments, but their banks have not yet foreclosed. The backlog of seriously delinquent mortgages, which so far affects about 1 million borrowers, is a ..., more 
and Clermont Motor Hotel faces foreclosure; broker hopeful to avoid forced ... - Birmingham Business Journal  The Clermont Motor Hotel, which houses a strip club famous for its mix of eclectic and ageless performers, is facing foreclosure. But the real estate agent listing the property as a redevelopment opportunity, said the owner is hopeful to stave off a ..., more 

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