Thursday, April 16, 2009

FW: Inman AM: Housing distress reaches rural America

 

 

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Thursday, April 16, 2009 6:59 AM
To: mark@itsyoursale.com
Subject: Inman AM: Housing distress reaches rural America

 

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Thursday, April 16, 2009

Housing distress reaches rural America
Foreclosure was like a foreign word to the folks in rural Maine.

Auctions, short sales and real estate-owned sales happened in overbuilt, high-growth cities such as Las Vegas and Phoenix -- they seemed out of place in a small state that prides itself on "the way life should be" and subscribes to a wilderness philosophy of "slow to grow." ... CONTINUED


New reverse mortgage limits give seniors lifeline
More homeowners to benefit from $625K loan ceiling

Foreclosure filings hit new highs
Pronounced increase seen in March

'I don't want to be sold' doesn't mean ...
From Real Estate Zebra blog

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