Melrose 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 ...

  Comment?

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

Local Headlines

• 4 jailed in foreclosure of Clay home

  Friday Jun 27 | via Florida Times-Union 

  An Orange Park couple and their adult children were sent to Clay County jail following a scheme to avoid foreclosure on their $1 million Orange Park riverfront home.

  Comment?

  Related Topix: Orange Park, FL, Clay County, FL, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Pot Raids Net 135 Arrests, $41M In Plants

  May 1, 2008 | via WJXT 

  Jacksonville News Get breaking news and daily headlines. Browse all e-mail newsletters Operation D-Day on Wednesday prompted coordinated marijuana raids across the state and netted more than 100 arrests and the ...

  Comment?

  Related Topix: Duval County, FL, Clay County, FL, Home Gardening, Home, Mortgage, Jacksonville Metro

• Animal shelters report more surrenders from people losing homes

  Feb 15, 2008 | via The Florida Times Union 

  They're best friends, companions and confidants. They've slept in your bed, licked your tears and kept your secrets.

  Comment?

  Related Topix: St Johns County, FL, Home, Mortgage, Mortgage, Personal Finance, Jacksonville Metro

• Homeless include children doing their homework in cars

  Jan 22, 2008 | via Florida Times-Union 

  Not long ago Diane Gilbert, executive director of the Emergency Services and Homeless Coalition of Jacksonville, answered the phone - and got an earful about a situation that was shocking.

  Comment?

  Related Topix: Jacksonville Metro, Clay County, FL, Foreclosures

Regional Headlines

• House Swaping

  17 hrs ago | via WSVN-TV Miami Beach 

  In the movie the Holiday, two women on opposite sides of the globe meet online and end up swapping homes for vacation.

  Comment?

  Related Topix: Florida, Real Estate

• Housing woes still stinging banks

  15 hrs ago | via Palm Beach Post 

  The troubled Florida real estate market is continuing to cause major losses for in-state and out-of-state banks, earnings reports showed this week.

  Comment?

  Related Topix: Seacoast Banking Corporation of Florida, Banking, Financial Services, Real Estate, Housing, Florida

• Fitch Rates Florida Forever $156.7MM Rev Bonds 'A+'

  20 hrs ago | via PR-inside.com 

  Fitch has also affirmed the 'A+' rating of the Florida Department of Environmental Protection's approximately $2.5 billion outstanding Preservation 2000 and Florida Forever bonds, $200 million of outstanding ...

  Comment?

  Related Topix: Housing, Foreclosures, Florida, Florida Government, Mortgage

• Stats show mortgage delinquencies still rising in S. Florida

  22 hrs ago | via McClatchy DC 

  The number of South Florida homeowners behind on their mortgages nearly doubled in June compared to a year ago, as home prices continued a precipitous decline and interest rates this week reached their highest ...

  Comment?

  Related Topix: Florida, Mortgage, Personal Finance, Home, Mortgage, Housing

• Florida fourth in foreclosure rate

  Yesterday | via Jacksonville Business Journal 

  Florida again had the fourth highest foreclosure rate in the second quarter and the second highest total of any state, according to data released by RealtyTrac Inc.

  Comment?

  Related Topix: Florida, Foreclosures, Jacksonville Metro, Fort Lauderdale Metro, Fort Lauderdale, FL

National Headlines

• Housing rescue bill heads to Bush for signature

  5 min ago | via PhillyBurbs.com 

  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, Foreclosures, US Politics, US News, 2008 Presidential Election, Home, Mortgage

• Congress approves housing bill

  6 min ago | via MSN Money 

  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 setting up a $300-billion ...

  Comment?

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

• Bill heads to Bush for signature

  6 min ago | via KRON 4 

  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

  6 min ago | via 97.5 FM 

  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

• Senate Passes Housing Rescue Bill, Bush to Sign

  7 min ago | via 97.5 FM 

  The 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 setting up a $300 billion ...

  Comment?

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