Real Estate News – April 24, 2012

It wasn’t exactly the welcoming response from the neighborhood a couple expected when they tried to enter a home they just purchased which had been in foreclosure. Their two new neighbors held them hostage at gunpoint (via REALTORMag): http://bit.ly/I8ybQo

Money used for a federal program aimed at helping 18 hard-hit housing market states can now reallocate its funds to help home owners complete short sales or other foreclosure alternatives, Freddie Mac announced Monday to mortgage servicers (via REALTORMag): http://bit.ly/K6ns3c

A northwestern Pennsylvania woman will spend 10 years on probation for attempting suicide by setting fire to her home with a foreclosure notice (via foxnews.com): http://fxn.ws/IEyApI

One Of The Great Leading Indicators For Housing Is Finally Breaking Out (via businessinsider.com): http://read.bi/ImH0Qe