Real Estate News – August 27-28, 2011




A desperate dad fleeing foreclosure left behind his 11-year-old son a week before they would have been evicted from their home (via foxnews.com): http://fxn.ws/r3mV91


Oregon foreclosures appear likely to shift to the courts (via OregonLive.com): http://bit.ly/qSurYP


Firm revives houses, neighborhoods from foreclosure heap (via suntimes.com): http://bit.ly/qyGQwd


Russians and other overseas shoppers are buying some of the priciest homes in America as the broader housing market slumps and a weak dollar makes U.S. property more of a bargain, according to real estate brokers who handle luxury properties (via BusinessWeek.com): http://buswk.co/qFjB51


BofA MBS settlement shocker: Grais removes case to federal court (via newsandinsight.thomsonreuters.com): http://bit.ly/pHyMOE