Angelica Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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  Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage

Local Headlines

• Buffalo area tops for job growth

  Friday Jul 18 | via Buffalo News 

  Where was the New York State metro area with the hottest job growth in June? Would you believe Buffalo Niagara? While the region's job market was more tepid than scorching hot, the area still managed to add ...

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  Related Topix: Home, Mortgage, New York, Buffalo, NY, Buffalo Metro, Allegany County, NY

• Foreclosures are higher in WNY's rural areas

  Feb 3, 2008 | via Buffalo News 

  The pain from the subprime mortgage meltdown is being felt the most in rural portions of Western New York - from Lakewood and Frewsburg to Gasport and LeRoy.

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  Related Topix: Wyoming County, NY, Allegany County, NY, Allegany, NY, Housing

• Housing slump not felt locally

  Jan 14, 2008 | via Http 

  While larger markets across the nation wade through a housing slump, some local Realtors say 2008 is looking good for them.

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  Related Topix: Franklinville, NY, Housing, Allegany County, NY, Olean, NY

Regional Headlines

• Irwin to sell home equity loans for $1B

  1 hr ago | via IBJ.COM 

  Columbus-based Irwin Financial Corp. said late yesterday that it has struck a deal to sell $1 billion of home equity loans to a New York firm and to securitize an additional block of loans with the same firm.

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  Related Topix: New York, Irwin Financial, Banking, Financial Services, Home, Mortgage

• For the Record: News and Notices from Local Elected OfficialsJuly 24, 2008

  12 hrs ago | via The Brooklyn Daily Eagle 

  Assemblywoman Janele Hyer-Spencer , Assemblyman Michael Cusick and Assemblyman Matthew Titone announced the Assembly passed legislation addressing the subprime mortgage crisis and providing some assistance to ...

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  Related Topix: Subprime Mortgage Crisis, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, New York

• Fed Report Portrays Grim Economy

  21 hrs ago | via Realtor Magazine 

  The Federal Reserve's Beige Book report for the latest six-week period portrays the economy as increasingly weak across most of the U.S. All 12 districts reported slower home sales, continuing big inventories ...

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  Related Topix: Housing, New York, Mortgage, Home

• National City Rises as Chief Executive Says Bank Has `Sufficient Capital'

  21 hrs ago | via Bloomberg 

  National City Corp. rose as much as 11 percent in New York trading after Chief Executive Officer Peter Raskind said the bank, Ohio's largest, has enough capital to survive the credit-market contraction.

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  Related Topix: New York, Home, Mortgage, Mortgage, Personal Finance, National City Corporation, Banking, Financial Services, IndyMac Bancorp

• Sally Hogarty: 'I Hate Hamlet' a likeable comedy

  Wednesday | via Ledger Dispatch 

  IT MAY BE called "I Hate Hamlet," but there is much to like in the Orinda Starlight Village Players' current production of Paul Rudnick's comedy.

  Comment?

  Related Topix: New York, Real Estate

National Headlines

• Existing Home Sales Drop Again

  13 min ago | via On Wall Street 

  June proved to be a pretty hot month, but not in the housing market. The latest figure from the National Association of Realtors shows that existing home sales in June fell, as did the median price of a home.

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  Related Topix: Home Selling, Home, Real Estate, Housing

• Stock market outlook mixed

  13 min ago | via The Toronto Star 

  Overseas stock markets were gloomy but Wall Street index futures pointed to a modest recovery Friday from the previous session's sharp losses.

  Comment?

  Related Topix: Housing, New Brunswick, Canada, Canada, Woodstock Area, NB, Juniper, NB, York (Toronto, ON), Ontario, Toronto, ON

• John Edwards in town

  14 min ago | via Off the Kuff 

  Former Senator and Vice Presidential candidate John Edwards was in town this week to promote his anti-poverty agenda.

  Comment?

  Related Topix: North Carolina, Foreclosures, US Politics, US News, John Edwards, 2008 Presidential Election

• U.S. 2Q foreclosure filings more than double 8:28 Am CT

  14 min ago | via Denton Record-Chronicle 

  The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday.

  Comment?

  Related Topix: Irvine, CA, Housing, Foreclosures, Stockton, CA, Stockton Metro

• Federal Bill Will Provide Incentive To 2nd Lienholders To Allow Refinance

  14 min ago | via The Real Estate Bloggers 

  While I am still not thrilled with the 300 billion dollar housing bill working it's way through Congress, they did insert some logic into the process.

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  Related Topix: Mortgage, Personal Finance, Home, Mortgage