East Concord 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

• Buffalo area lags nation in number of home foreclosures as mortgage crisis passes us by

  1 hr ago | via Buffalo News 

  Prospective buyers look at a list of properties up for grabs at the City of Buffalo's annual foreclosure auction last October.

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  Related Topix: Home, Mortgage, Mortgage, Personal Finance, Buffalo, NY, Buffalo Metro, Foreclosures, Erie County, NY

• Compromise sought on tax breaks for patio homes

  Thursday Jul 17 | via Buffalo News 

  Many suburban dwellers and town leaders used to take a live-and-let- live approach to condominium owners who got tax breaks.

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  Related Topix: Erie County, NY, Housing, Elma, NY, Real Estate, Lancaster, NY

• Gray brain drain.

  Thursday Jul 10 | via Reporter 

  Ever since the region's manufacturing sector began to decline in the 1970s, the flight of young, well-educated men and women from Western New York has been a problem that's frustrated business owners, educators ...

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  Related Topix: Mortgage, Oldies, The Four Seasons, Erie County, NY

• Need help on closing costs?

  Monday Jul 7 | via Buffalo News 

  HomeFront and Citizens Bank are teaming up on a closing cost assistance program to help first-time homebuyers in Buffalo and Erie County with grants of up to $2,500. Applicants must have an annual household ...

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  Related Topix: Buffalo, NY, Erie County, NY, Home, Mortgage, Mortgage, Personal Finance

• Bargain hunters find deals at auction for foreclosed homes

  Wednesday Jun 25 | via WIVB-TV Buffalo 

  The bidders get a break during tough economic times and give some homes a second chance. 11 comments

  Related Topix: Erie County, NY, Foreclosures, Buffalo, NY

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

  21 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

• U.S. Congress passes mortgage aid for 400,000 struggling homeowners

  2 min ago | via Penticton Herald 

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

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

• FDIC closes First Heritage Bank

  2 min ago | via Taipei Times 

  WILD WEST: The 28 bank branches in Nevada, Arizona and California will reopen as Mutual of Omaha Bank branches X with the full amount of deposits insured AP, CARSON CITY, NEVADA Sunday, Jul 27, 2008, Page 11 ...

  Comment?

  Related Topix: Scottsdale, AZ, Foreclosures, Arizona, Arizona Government

• Housing rescue bill heads to Bush for signature

  3 min ago | via My West Texas 

  Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market that has dragged down the economy.

  Comment?

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

• Congress passes housing rescue bill

  3 min ago | via KATU-TV Portland 

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

  Comment?

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

• Building wealth : Not yet time to relax

  3 min ago | via The New Zealand Herald 

  Many homeowners and potential buyers may have thought they could breathe a sigh of relief after the Reserve Bank cut the official cash rate last week for the first time in five years.

  Comment?

  Related Topix: Oceania, New Zealand, World News, Mortgage, Home