Real Estate News – September 17, 2012





Homeowners association members face violence (via Google.com): http://ow.ly/dMT9Y


Mortgages: Life After Bankruptcy (via cnbc.com): http://ow.ly/dMTfP


Housing market outpaces plodding economy (via MarketWatch.com): http://ow.ly/dMTpq


Descendants of Coca-Cola founder Asa Candler have had a rough go since the housing bust and ensuing recession. The soda heirs’ real estate development company has lost $37.5 million to foreclosure since the economy tanked, and the financial future of the family appears tenuous at best, the Atlanta Journal-Constitution reported Sunday (via HuffingtonPost.com): http://ow.ly/dMTyb


Business Puts Vets to Work Rehabbing Foreclosed Houses (via LoanSafe.org): http://ow.ly/dMTBx


The Office of the Inspector General at the Federal Housing Finance Agency is trying to find strategic defaulters and collect on what they still owe. Strategic defaulters are often underwater home owners who walk away from their mortgages even though they still have the means to pay (via REALTORMag): http://ow.ly/dMTHq


Girl’s Pink Playhouse Incites Georgia Homeowners Association to Embark on Legal Crusade (via jezebel.com): http://ow.ly/dMTLE


A $23 million mansion heads to foreclosure as an entrepreneur’s fortune vanishes (via WashingtonPost.com): http://ow.ly/dMTRf


U.S. Rep. John Campbell, R-Irvine, introduced federal legislation Thursday aimed at blocking local governments across the nation from using eminent domain to seize underwater mortgages (via sbsun.com): http://ow.ly/dMTVy


Ten Cities That Just Can’t Turn Housing Around (via MarketWatch.com): http://ow.ly/dMUbj


2012: The Year Of The Housing Recovery; Exhibit A: The Minneapolis-St. Paul Housing Market Is HOT (via DailyMarkets.com): http://ow.ly/dMUeU


State court ruling deals blow to U.S. bank mortgage system (via Reuters.com): http://ow.ly/dMUjj


Federal Reserve Stimulus Program Aims to Fire Up Housing Market (via LoanSafe.org): http://ow.ly/dMUmC



 

Posted in Blog, Real Estate Law