Just days after Bank of America officially announced its nationwide program offering up to $30,000 in relocation assistance for short sales, a Massachusetts-based real estate company revealed in a blog that one of its clients was approved to receive $1…
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Judicial States Will Lag Behind Recovery: Capital Economics
While the housing market is starting to show signs that it is strengthening, for some states, recovery still seems to be in the very distant future. According to a report from Capital Economics, one factor that will determine the speed of recovery for …
MGIC Files Lawsuit Against Freddie Mac and FHFA Over Pool Dispute
MGIC Investment Corporation announced Thursday that its Mortgage Guaranty Insurance Corporation subsidiary filed a lawsuit against Freddie Mac and its conservator, FHFA. The lawsuit was filed in federal court in Milwaukee, Wisconsin, and the dispute is…
Median Home Prices Rise in April: RE/MAX
The RE/MAX: National Housing Report found that the national median home price rose for the third straight month in April, indicating that the housing recovery in 2012 is continuing. The report surveyed 53 metropolitan areas and found that the median ho…
Gerner & Kearns Appoints New Associate
Gerner & Kearns, Co., L.P.A. announced recently that Michael Lubes has been appointed as an associate in the firm’s Collections Practice Group.
American InfoSource Acquires Ascension Capital Group
American InfoSource LP: (AIS) announced that it has acquired substantially all of the assets of Ascension Capital Group, Inc., (ACG).
Cityside Hires Chief Business Development Officer
Clinton Alcorn joined Cityside Management Corporation as chief business development officer.
As Economy Improves, Prices to Hit Bottom in 2013 After Dropping: Fitch
Fitch Ratings released a report projecting another 7.8 percent drop in U.S. home prices before the market reaches sustainability, according to the rating agency’s fourth quarter sustainable home price (SHP) report. This is a decrease from last quarter’…
Story of Recovery Will Lack Uniformity: Demand Institute
While the U.S. housing market appears to be on the road to recovery, it will be a rather patchy one, with some regions seeing home prices rise as high as 5 percent and others falling flat, according to a report released from the Demand Institute, whic…
Southern California Home Sales Figures Rise
According to numbers released by DataQuick, last month’s home sales numbers in Southern California experienced a modest climb from last year. Median home sales prices in Southland rose year-over-year in April for the first time in 16 months. The median…
