Ambridge Real Estate

Featured Article

• High-End Foreclosures Rising Among Top Tier Homes

  Monday Jun 30 | via Realty Trac 

  Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...

  Comment?

  Related Topix: Housing, Home, Mortgage

Local Headlines

• Soaring gas prices spur beginnings of a flight from suburbia

  Jun 7, 2008 | via Times Leader 

  When it took $45 to fill the gas tank in Eric Wallace's Honda Civic, he knew his days of driving 40 miles each way to work couldn't last.

  Comment?

  Related Topix: Arnold, PA, Leetsdale, PA, Allegheny County, PA, Real Estate, Home Listing, Home

• Group marches to protest mortgage foreclosures

  Friday Jun 27 | via Pittsburgh Post-Gazette 

  The 40 or so protesters marching through East Liberty yesterday morning traveled only five blocks. 5 comments

  Related Topix: Liberty, PA, Allegheny County, PA, Ambridge, PA, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Pittsburgh Housing Market Continues To Slump

  Friday Jun 20 | via ThePittsburghChannel 

  Pittsburgh's slumping housing market is showing no sign of a rebound. In May, sales dropped 21 percent, which is the steepest the city has seen this year.

  Comment?

  Related Topix: Freedom, PA, Beaver County, PA, Pittsburgh Metro, Housing, Beaver, PA, Real Estate

• Pittsburgh-area home foreclosures rise nearly 7 percent

  Apr 25, 2008 | via Times Leader 

  A company that tracks real estate transactions in the Pittsburgh region says home foreclosures rose 6.9 percent in the first quarter of 2008.

  Comment?

  Related Topix: Pittsburgh Metro, Foreclosures, Beaver, PA, Allegheny County, PA, Beaver County, PA, Westmoreland County, PA

• Home foreclosures in Pittsburgh region set new record

  Apr 25, 2008 | via PittsburghLIVE.com 

  Foreclosures during the January-March quarter of 2008 set a new record in the five-county Pittsburgh region with 1,187 houses lost by homeowners through this action, a local real estate tracking company ...

  Comment?

  Related Topix: Pittsburgh, PA, Foreclosures, Allegheny County, PA

Regional Headlines

• State Capitol Roundup for July 18

  Yesterday | via Tony Phyrillas 

  I thought the Legislature was on its 2-month summer vacation, but it appears some lawmakers are still in Harrisburg.

  Comment?

  Related Topix: Harrisburg (Pennsylvania State University System), Pennsylvania, Pennsylvania Government, Home, Mortgage

• Wachovia's Brokerage Inspected by State Regulators in Auction-Rate Probe

  Thursday Jul 17 | via Bloomberg 

  Wachovia Corp. 's securities division was inspected by a team of regulators from more than five states who delivered subpoenas today as part of a probe into the company's sales of auction-rate bonds.

  Comment?

  Related Topix: Marketing, Advertising, Boston University, Pennsylvania

• Don Spatz,

  Wednesday Jul 16 | via Reading Eagle/Reading Times 

  I've taken shots at the Pennsylvania Department of Banking for hiding behind a legal gag and refusing to say what really happened in the Wesley Snyder case.

  Comment?

  Related Topix: Pennsylvania, Federal Prisons, Home, Mortgage, Mortgage, Personal Finance

• Consumer Prices Jump by the Most Since 2005 on Surge in Fuel, Food Costs

  Wednesday Jul 16 | via Bloomberg 

  Prices paid by U.S. consumers jumped in June by the most since 2005 on spiraling costs for fuel and food, intensifying the pressure on households struggling with falling home prices and the credit crunch.

  Comment?

  Related Topix: Housing, Ben Bernanke, Pennsylvania

• Economic Outlook: Midwestern banks to see tough round of quarterly results

  Sunday Jul 13 | via MarketWatch 

  A wave of gloomy results from the second quarter are expected to be the highlight of reports that Midwestern regional banks will issue in the coming days, analysts say.

  Comment?

  Related Topix: Housing, Banking, Financial Services, Citigroup, US Bancorp, Marshall University, Pennsylvania

National Headlines

• Treasury Secretary Paulson calls bank system sound

  3 min ago | via KCPQ 

  Treasury Secretary Henry M. Paulson Jr. sought to reassure an anxious public today that the banking system was sound, while also bracing Americans for more troubled economic times ahead.

  Comment?

  Related Topix: IndyMac Bancorp, Financial Services, Home, Mortgage, Mortgage, Personal Finance

• Treasury Chief Sees 'Months' of Hard Times

  6 min ago | via ABC News 

  Paulson Braces Public for Months of Tough Times Treasury chief braces people for months of tough times ahead, says US banking system is sound WASHINGTON July 20, 2008 The Associated Press 3 comments Treasury ...

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance

• Paulson: Banking system sound, deposits protected

  12 min ago | via WAVE-TV Louisville 

  The treasury secretary says the list of troubled banks will grow longer as they struggle to cope with big losses on bad mortgages.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance

• Banks sound but economy to take time: Paulson

  20 min ago | via West Linn Tidings 

  The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage, US News

• Many Ada County property owners get a break

  22 min ago | via Fort Mill Times 

  More than 1,000 property owners in southwestern Idaho's highly populated Ada County asked for a reduction in assessed property value in an attempt to lower their property taxes.

  Comment?

  Related Topix: Ada County, ID, Real Estate