Real Estate News – April 12, 2011

The National Fair Housing Alliance, along with other Fair Housing agencies, is investigating whether the upkeep of REO homes in minority neighborhoods receives inadequate care in comparison to REOs in predominantly neighborhoods (via REALTORMag): http://bit.ly/eYbE66

An Afton business owner’s legal claims against the city over plans for a 48-unit condominium project have been rejected by the Minnesota Court of Appeals (via StarTribune.com): http://bit.ly/gVYXCp

New home sale data shows that foreclosures and short sales continue to wreak havoc on the housing market in the Twin Cities metro area (via StarTribune.com): http://bit.ly/dN2xGr

As life closes in, Antioch man seeks to end it (via latimes.com): http://lat.ms/gC2DUr

Nate Dogg’s Pomona Home Falls Into Foreclosure (via hiphopdx.com): http://bit.ly/gmp0vw

The Department of Housing and Urban Development directed its reverse mortgage lenders and servicers to halt foreclosures on the borrower’s spouse, according to a letter sent out last week (via HousingWire.com): http://bit.ly/gaz4nD

Budget Deal: Could the Mortgage Deduction Get Chopped? (via blogs.WSJ.com): http://on.wsj.com/egoULw

Feeling strong investor demand, Fed offers more AIG subprime MBS (via HousingWire.com): http://bit.ly/gzOBrf

Spyker attempting to sell Saab real estate in money-raising move (via AutoWeek.com): http://bit.ly/ihRaXa