Valley home listings at a decade high
It couldn’t go on forever. Analysts say the Valley’s homebuilding frenzy is cooling, leaving more than 800 homes on the market last month—more than at any time in the last 10 years.
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Got a raise? Great! Start an emergency fund Before you get used to spending that extra dough, toss it into a rainy day fund, says Steve Bucci, the Debt Adviser.read more...
New owner would redevelop Hazel Park site New owner: Jerry Watha, president, One Management Inc. What he wants to do: Knock down the building and the adjacent parking structure at a cost to him of $5 million.read
Authorities declare war against mortgage fraud (Detroit Free Press) Law enforcement agencies Tuesday launched an all-out war against mortgage fraud in metro Detroit, acknowledging that the crime has devastated southeast Michigan.read more...
Chat Plus Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...
As adjustable rates soar, mortgage applications sink (Seattle Times) The interest rate charged for one-year adjustable loans jumped last week by the most since the Mortgage Bankers Association began keeping...read more...
State leads no longer in home mortgage fraud (The Florida Times-Union) More aggressive audits have helped Georgia shed the dubious distinction of being the nation's leader in mortgage fraud, but the state remains a hot spot for the crime.