Real Estate News – December 22, 2012




A $7.6 billion federal program to help prevent foreclosures is still struggling to get money out to homeowners more than two years after the money went to states (via courier-journal.com): http://cjky.it/TLfnsk


A housing barometer that weighs three key indicators — construction starts, existing home sales and delinquencies and foreclosures — is now 51 percent back toward what is considered a healthy market (via thehill.com): http://bit.ly/VcJzi5


Fiscal Cliff and the Housing Market: What Will Happen With My Rent or Mortgage if We Fall Off the Cliff (via policymic.com): http://bit.ly/VWzwdq


The U.S. housing market continues to show some signs of recovery as the quality of first-lien mortgages improved in the third quarter from a year earlier, but data suggests that some homeowners are still struggling to afford their monthly payments, according to a new government report (via reuters.com): http://reut.rs/UdhWER


Builders’ optimism over the direction of the housing market continues to grow, but the “fiscal cliff” has many in the industry concerned (via REALTORMag): http://bit.ly/12wJV6b


Family has $91,500 waived after Bank of America foreclosure nightmare lasted years (via dallasnews.com): http://dallasne.ws/TZGAZv