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Home sales up slightly thanks to foreclosures

May. 27, 2009
Buyers who were brave enough to dive into the market for a bargain-priced house helped provide a modest boost to sales last month. Sales of inexpensive foreclosures and other distressed low-end properties have even sparked bidding wars in places like Las...
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Homeowner relief critical, Bair says

Homeowner relief critical, Bair says

WASHINGTON, Nov. 18 (UPI) -- The chairman of the Federal Deposit Insurance Corp., Sheila Bair, told members of Congress U.S mortgage foreclosures continue to undermine economic recovery.

Home foreclosures slow in Minneapolis

MINNEAPOLIS, Oct. 4 (UPI) -- Housing authorities say foreclosures are slowing in Minneapolis, where more than 7,500 properties have been auctioned off during the last two years.

Renters being stung by foreclosures

LAGUNA HILLS, Calif., May 29 (UPI) -- More and more U.S. renters are losing their dwellings when the homes they rent or lease are foreclosed, analysts say.

California foreclosures at record level

LOS ANGELES, Oct. 27 (UPI) -- The Census Bureau says homeownership in the United States fell for the fourth consecutive quarter -- the longest decline in 26 years.

Report: U.S. foreclosures hit 2006 high

IRVINE, Calif., Nov. 20 (UPI) -- U.S. foreclosures last month rose to their highest level this year and were up 42 percent over their October 2005 level.

Foreclosures up 14 percent last quarter

SANTA BARBARA, Calif., Oct. 9 (UPI) -- U.S. foreclosures rose in the third quarter by 14 percent, a private group estimated.

U.S. foreclosure inventory off in February

BOCA RATON, Fla., March 14 (UPI) -- There were 88,093 foreclosed U.S. residential properties available for sale last month, an industry group reported Tuesday.

Foreclosures in Calif. expected to rise

SACRAMENTO, Oct. 25 (UPI) -- California realty markets may see an upsurge in mortgage defaults, a foreclosure tracking Web site said Monday. Alexis McGee, Foreclosures.com president, said: "Affordability is the key issue now."

Foreclosures persist in New York City

SACRAMENTO, Oct. 25 (UPI) -- Foreclosures.com in Sacramento, Calif., said Monday foreclosures are still a source of concern in New York City's boroughs.

Foreclosure activity declines

BOCA RATON, Fla., July 7 (UPI) -- Foreclosure.com. of Boca Raton, Fla., said Wednesday foreclosure activity declined in June for the first time this year.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch