Troy 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 ...

  Comment?

  Related Topix: Housing, Home, Mortgage

Local Headlines

• A down, not out housing market

  Yesterday | via Albany Times Union 

  If the Capital Region's real estate market were a boxer, he would be weary and bruised but still on his feet.

  Comment?

  Related Topix: Home, Mortgage, Real Estate, Troy, NY, Schenectady, NY, Albany, NY, Albany Metro

• 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.

  Comment?

  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.

  Comment?

  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 ...

  Comment?

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

• Former state IG inspector gets probation in fraud case

  Jun 9, 2008 | via Times Union 

  A former investigator for the state Inspector General's office was sentenced to federal probation today for his role in a mortgage fraud scheme that allegedly involved a network of accomplices.

  Comment?

  Related Topix: Home, Mortgage, Rensselaer, NY, Albany Metro, Troy, NY

Regional Headlines

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

  20 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 ...

  Comment?

  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.

  Comment?

  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 ...

  Comment?

  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.

  Comment?

  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.

  Comment?

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

National Headlines

• Downtown Sacramento Real Estate Market Report

  4 min ago | via Sacramento Real Estate Blog 

  Real estate in Downtown Sacramento continued to command top dollar in May, with sold price per square foot running more than twice as high as the county-wide average, though this year's crop of homes was much ...

  Comment?

  Related Topix: Sacramento, CA, Sacramento Metro, Foreclosures, Events

• 15-Year Mortgage or a 30-Year Mortgage?

  4 min ago | via About.com 

  The traditional 30-year mortgage has become the standard method of borrowing for most people, but the 15-year mortgage is still a viable solution for many people.

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage

• Housing rescue bill heads to Bush for signature

  5 min ago | via KCBY-TV Coos Bay 

  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

• Gregg, Sununu vote for housing bill

  5 min ago | via The Boston Globe 

  Sens. John Sununu and Judd Gregg were on the winning side Saturday as the Senate approved a plan to help homeowners facing foreclosure and to save mortgage companies Fannie Mae and Freddie Mac .

  Comment?

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

• How they voted: Senate roll call on housing bill

  6 min ago | via Times Leader 

  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.

  Comment?

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