Averill Park 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 ...

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  Related Topix: Housing, Home, Mortgage

Local Headlines

• Albany region home sales drop 17 percent in first half of year; prices steady

  Monday Jul 21 | via The Business Review (Albany) 

  Single-family home sales in the Albany, N.Y., region plunged 17 percent during the first half of this year but prices remained steady, according to preliminary data released today.

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  Related Topix: Schenectady, NY, Rensselaer, NY, Housing, Albany, NY, Albany Metro, Schenectady County, NY

• Home sales tepid but hint at rebound

  Friday Jun 27 | via Times Union 

  Home sales in the Capital Region continued to slump in May, amid signs that the worst of the downturn might be over.

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  Related Topix: Saratoga County, NY, Rensselaer County, NY, Housing, Colonie, NY, Albany County, NY, Schenectady County, NY

• Governor, lawmakers agree to help homeowners at risk of foreclosure

  Jun 20, 2008 | via Journal News 

  ALBANY - New Yorkers who risk losing their homes will receive more protections against foreclosure, and brokers who make subprime loans to people who can't afford them could face criminal penalties, according ...

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  Related Topix: Albany, NY, Home, Mortgage, Mortgage, Personal Finance, Foreclosures, Rensselaer County, NY

• Discuss this story

  May 23, 2008 | via Times Union 

  The Buzz: Business news Commerce in the Capital Region isn't just about multimillion-dollar companies and deals, but mom-and-pop shops that also keep the economy around here humming.

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  Related Topix: Blog News, Housing, Saratoga County, NY

• Saratoga County housing prices plummet

  May 23, 2008 | via The Gazette 

  A look at closed single-family home sales and median sale prices for the first four months of 2008 and 2007: Regionwide: 2,190/2,698/-19%, $189,000/$185,600/2% Albany County: 526/678/-22%, $199,600/$195,000/2% ...

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  Related Topix: Rensselaer County, NY, Housing

Regional Headlines

• Fitch Rates $100MM San Diego County (CA) Ser 2008B 'AA/F1+'

  19 hrs ago | via PR-inside.com 

  The long-term 'AA' rating reflects the county's very low debt burden, sound financial operations, and very strong and effective financial and debt policies, as well as concern over the economic and financial ...

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  Related Topix: Housing, Real Estate, Financial Markets, New York

• NYC jury convicts former Haitian paramilitary leader in scheme to cheat mortgage lenders

  20 hrs ago | via Newsday.com 

  A Brooklyn jury found Emmanuel "Toto" Constant guilty on Friday of fraud and grand larceny.

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  Related Topix: Mortgage, Home, New York

• Irwin shares soar after loan sale

  Yesterday | via IBJ.COM 

  Columbus-based Irwin Financial Corp. shares rose 25 percent this morning, in the first trading session since the company announced late yesterday that it was scaling back its exposure to the battered mortgage ...

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

• N.Y. jury convicts ex-Haitian strongman of fraud

  Yesterday | via Buffalo News 

  A once-feared Haitian paramilitary leader has been convicted in a New York mortgage fraud scheme to cheat lenders out of $1.7 million.

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  Related Topix: Mortgage, Home, New York

• National City posts $1.76 billion loss for quarter

  Yesterday | via Lansing State Journal 

  NEW YORK - Regional bank National City Corp. on Thursday reported a $1.76 billion loss for the second quarter, as mortgage loans soured and it took a big charge related to previous acquisitions.

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  Related Topix: New York, Home, Mortgage, National City Corporation, Banking, Financial Services

National Headlines

• Housing rescue bill heads to Bush for signature

  6 min ago | via WLS 

  Congress passed a housing rescue bill Saturday aimed at sparing 400,000 struggling homeowners from foreclosure.

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  Related Topix: Foreclosures, US Politics, US News, 2008 Presidential Election, Home, Mortgage, Mortgage, Personal Finance

• Aid for returning veterans in housing rescue bill

  6 min ago | via Star Tribune 

  The housing rescue bill Congress passed Saturday includes a provision by Sen. Norm Coleman that would give returning veterans more time to work out mortgage problems upon their return.

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  Related Topix: US News, US Politics, US Senate, Republican, Norm Coleman, Home, Mortgage, Mortgage, Personal Finance

• Federal Regulators Close Two More Banks

  6 min ago | via Mix 104.5 KKMY-FM 

  Federal regulators have closed two banks in the West, saying they were undercapitalized due to the poor performance of home mortgage loans.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Reno Metro, Reno, NV

• How they voted: Senate roll call on housing bill

  7 min ago | via Newsday.com 

  The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.

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  Related Topix: Foreclosures, Mortgage, Personal Finance, Home, Mortgage

• House Plants Joys and Benefits for the Indoor Gardener

  9 min ago | via American Chronicle 

  When you walk into a house that is filled with plants, you immediately feel at home.

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  Related Topix: Real Estate, Home Listing, Home, Opinion