Collinsville Real Estate

Featured Article

• Do New Mortgage Rules Make Borrowers Safer?

  Wednesday Jul 16 | via Realty Trac 

  You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers.

  Comment?

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

Local Headlines

• Metro-east home sales down from a year ago

  Yesterday | via Belleville News 

  June housing market statistics released today show the metro-east continues to be strained by a troubled economy, joined by the rest of the state of Illinois.

  Comment?

  Related Topix: Housing, St Clair County, IL, Madison County, IL, Real Estate

• Foreclosure stigma haunts would-be renters

  Monday Jun 30 | via Home News Tribune 

  As if losing a house on the court steps wasn't enough, some former homeowners may find themselves turned away by apartment owners spooked by the foreclosure history on their credit reports.

  Comment?

  Related Topix: Memphis, TN Metro, Home, Foreclosures, Mortgage

• Would-Be Renters Find Foreclosures Close More Doors

  Friday Jun 27 | via Tampa Bay Online 

  As if losing a house on the court steps weren't enough, some former homeowners may find themselves turned away by apartment owners spooked by the foreclosure history on their credit reports.

  Comment?

  Related Topix: Memphis, TN Metro, Home, Foreclosures, Mortgage

• Foreclosure Crisis

  Friday Jun 27 | via Daily Business Review 

  One Virginia couple ended up living in a hotel after their foreclosure, according to Trish Lynch, a trainer and former credit counselor at ClearPoint Financial Solutions, who worked with them.

  Comment?

  Related Topix: Memphis, TN Metro, Home, Foreclosures, Mortgage

• Local spring home sales rebound

  Friday Jun 27 | via Belleville News 

  Real estate sales have been suffering with the rest of the economy, but metro-east real estate agents report a recent upswing.

  Comment?

  Related Topix: St Clair County, IL, Housing, Real Estate

Regional Headlines

• Obama to NYT: - A Week of Great Press' but - We Don't BUY Our Own Hype'

  25 min ago | via TheBlueSheet 

  In an interview with the New York Times' excellent Jeff Zeleny , Sen. Barack Obama, D-Ill., says he's not "measuring the drapes" for the Oval Office, and that "we don't buy our own hype." He discussed the risks ...

  Comment?

  Related Topix: Publishing, New York Times, Illinois, Illinois Government, Foreclosures, US Politics, John McCain, US News, 2008 Presidential Election

• Blago Calls On Bush To Sign Housing Package

  1 hr ago | via Cbs2chicago.com 

  Governor Rod R. Blagojevich today sent a letter to President Bush calling on him to quickly sign the Housing and Economic Stimulus Package which will provide more than $500 million in federal aid to support tax ...

  Comment?

  Related Topix: George Bush, US News, Illinois, Illinois Government, Foreclosures, Home, Mortgage

• Collar counties' sales, median home prices up in June

  8 hrs ago | via Courier News 

  Home sales in the collar counties picked up in June from May sales figures, and the median sale prices edged up as well, according to the Illinois Association of Realtors' latest report.

  Comment?

  Related Topix: Housing, Illinois, Real Estate

• Nevada Leads Foreclosure Tally in 2Q

  20 hrs ago | via Realtor Magazine 

  One in every 171 households received a foreclosure notice during the second quarter, an increase of 121 percent compared with the same quarter in 2007, according to RealtyTrac, which monitors foreclosure ...

  Comment?

  Related Topix: Foreclosures, Illinois

• Roskam votes against blank check for Bush Administration

  23 hrs ago | via Illinoisreview 

  Roskam broke ranks with the Bush Administration yesterday on the mortgage bill, citing lack of oversight and resulting increased federal spending as his main complaints.

  Comment?

  Related Topix: Home, Mortgage, US News, Illinois, Illinois Government

National Headlines

• U.S. Senate to Vote on Housing Bill

  14 min ago | via RedOrbit 

  The U.S. Senate, meeting in a rare weekend session, was poised Saturday to pass a landmark housing bill meant to ease the effects of mortgage crisis.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance

• U.s. Congress Passes...

  15 min ago | via 102.9 CKDS-FM 

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

  Comment?

  Related Topix: Foreclosures, George Bush, US Politics, US News, Home, Mortgage, Mortgage, Personal Finance

• Bill heads to Bush for signature

  15 min ago | via WLOS 

  The Senate has overwhelmingly approved a bill aimed at helping thousands of struggling homeowners fight off foreclosure.

  Comment?

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

• Federal Regulators Close Two More Banks

  16 min ago | via Z 106.7 Jackson 

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

  Comment?

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

• Housing rescue bill heads to Bush for signature

  16 min ago | via Examiner.com 

  Jul 26, 2008 10:03 AM By JULIE HIRSCHFELD DAVIS, AP Newly built homes are offered for sale at the Brookville & Heirloom development by Lennar, in Valencia, Calif.

  Comment?

  Related Topix: George Bush, Foreclosures, US Politics, US News, 2008 Presidential Election, Home Listing, Home