East St. Louis 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.

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  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

• 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

• Creditor for bankrupt bowling alley says O'Fallon misused $800,000 in business incentives

  Jun 16, 2008 | via Belleville.com 

  A creditor for the bankrupt Cat City bowling alley said the city of O'Fallon misused $800,000 of business incentives but city officials say the incentive was legal and needed to further the extension on Regency ... 1 comment

  Related Topix: Mortgage, Home, O'Fallon, IL, St Clair County, IL

• 200 homes sold in O'Fallon, including foreclosures, left out of property tax formula

  Jun 16, 2008 | via Belleville.com 

  City officials believe nearly 200 homes sold in O'Fallon, including foreclosures, were not included when the county approved a state formula increasing property taxes more than 4 percent this year.

  Comment?

  Related Topix: Housing, Foreclosures, O'Fallon, IL, St Clair County, IL

• Housing market picks up in region

  May 24, 2008 | via Belleville.com 

  Local Realtors are beginning to believe they have reason to feel optimistic about the housing market.

  Comment?

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

Regional Headlines

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

  36 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

  2 hrs 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

• Housing rescue bill heads to Bush for signature

  3 min ago | via Abc11tv.com 

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

  Comment?

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

• Senate Overwhelmingly Passes Housing Bill

  3 min ago | via WRC Washington DC Channel 4 

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

  Comment?

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

• U.S. Congress approves massive housing bill

  3 min ago | via The Globe and Mail 

  The bill was approved by the Senate in a 72-13 vote. It was passed by the House of Representatives on Wednesday.

  Comment?

  Related Topix: Housing, George Bush, Financial Services, Fannie Mae, US News, US Politics, Home, Mortgage

• U.S. Congress approves housing bill

  6 min ago | via International Herald Tribune 

  WASHINGTON : The U.S. Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to Fannie Mae and Freddie Mac , creating a new regulator for the mortgage titans and ...

  Comment?

  Related Topix: Housing, George Bush, Financial Services, Fannie Mae, US News, US Politics, Foreclosures

• Obama defends tour, says McCain shifting on war

  6 min ago | via KansasCity.com 

  Democratic presidential contender Barack Obama brushed aside Republican criticism of his overseas trip on Saturday and stood outside the famed 10 Downing Street to say that both President Bush and Sen.

  Comment?

  Related Topix: US Politics, US News, Barack Obama, George Bush, Foreclosures, Barack Obama, US Senate, Democrat, John McCain