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Crime rises in abandoned buildings, vacant lots
Community groups expected to voice their support Wednesday for a proposed ordinance designed to protect or compensate displaced tenants in foreclosed rental buildings have a new set of figures to sway opponents. More than 2,600 crimes were reported in...
Tags: Rentals, Justice System, Rahm Emanuel, Richard F. Mell, Austin (Chicago, Illinois)
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U.S. home prices keep rising, but homeownership is down
Home prices are rising at levels not seen since the real estate boom, but American homeownership remains on the decline. The two trends underscore the nature of the housing rebound: Gains in pricing have been driven significantly by investors, leaving...
Tags: Rentals, Real Estate Buyers, Chicago Mortgages, Blackstone Group, L.P., Real Estate
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N.J. firm to finish Allentown apartments stalled by a Ponzi scheme
Nearly three years after construction stalled at the Summit Ridge Apartments on Allentown's east side, a New Jersey real estate firm has picked up where the project's bankrupt developer left off. After foreclosing on the property and winning an $8.3...Tags: Economy, Business and Finance, Real Estate, Services and Shopping, Companies and Corporations, Crime, Law and Justice
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Vanished: Boca lawyer's troubling tale
She got a late afternoon email with a simple subject line: "Love." The message came from her husband's account. "You never knew what I was doing, but after the bank took our properties I made a series of very bad business decisions," the email read. "I...
Tags: FBI, Laws, Economy, Business and Finance, Business Enterprises, Karate
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Ask a real estate pro: Reverse mortgage not a short-term answer
Sentinel CorrespondentBoard-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here. Q: We took out a reverse mortgage a few years ago and now want to leave the house to move...Tags: Legal Services, Real Estate, Justice System, Mortgages, Financial and Business Services
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Lawmakers shifting some mortgage-settlement dollars into foreclosure assistance
Tallahassee Bureau ChiefTALLAHASSEE -- Legislative budget-writers are shifting more of Florida's national mortgage settlement dollars into programs targeting the homeless, low-income college students, and foreclosure-clogged courts. The Senate on Thursday offered a new...Tags: Economy, Business and Finance, Budgets and Budgeting, Politics, Orlando, Crime, Law and Justice
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Zombie foreclosure statistics scary
This is how hot this "zombie" thing has become in our culture — they've sleepwalked their way off the TV screen and into the real estate market. Well, sort of. I refer to the phenomenon of zombie foreclosures, which are homes that, like their...
Tags: Rentals, Real Estate, Media Industry, Services and Shopping, Property
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HUD to close its Orlando and Tampa offices
The U.S. Department of Housing and Urban Development said Wednesday it will close its Orlando and Tampa field offices as part of a restructuring that will eliminate 16 of its 80 local offices nationwide. The Orlando closing will effect eight employees,...Tags: Housing and Urban Planning, Real Estate, Politics, Miami (Miami-Dade, Florida), Orlando
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Number of homes entering foreclosure plunges in California
The number of California homes entering foreclosure plunged in the first quarter, the result of an improving economy, rising home prices and strict new state regulations on lenders. During the year's first three months, new foreclosure actions in the...
Tags: Kamala D. Harris, Real Estate, Mortgages, Financial and Business Services, Services and Shopping
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Court denies bank in case against Boca mansion squatter
Find Loki Boy. That's the order from a Palm Beach County judge. Bank of America can't be declared the winner in its lawsuit against famed Boca Raton mansion squatter Andre Barbosa until the bank's lawyers first prove he's been served with more court...
Tags: Laws, Trials, Boca Raton, Broward County, Crime, Law and Justice
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CenterPoint wins key parcels near McCormick Place with $65M bid
The potential development of the area north of McCormick Place inched closer to reality Monday when CenterPoint Properties Trust was the successful bidder for two key parcels where development plans have been stalled. Among the possible projects under...
Tags: Economy, Business and Finance, Real Estate, Basketball, Cook County Government, Services and Shopping
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Affordable housing is meager in suburban Cook County
Talk of the housing crisis generally revolves around the millions of homeowners who, unable to afford their mortgage payments, have lost their homes to foreclosure. Renters have had it hard too, though, and the increased population of homeowners-turned-...
Tags: Finance, Rentals, Economy, Business and Finance, Housing and Urban Planning, Interior Policy
May 1, 2013
|Story| Chicago Tribune
Apr 30, 2013
|Story| Los Angeles Times
Apr 29, 2013
|Story| Allentown Morning Call
Apr 27, 2013
|Story| South Florida Sun-Sentinel
Apr 25, 2013
|Story| South Florida Sun-Sentinel
Apr 25, 2013
| Orlando Sentinel
Apr 19, 2013
|Column| Chicago Tribune
Apr 24, 2013
|Story| Orlando Sentinel
Apr 23, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| South Florida Sun-Sentinel
Apr 23, 2013
|Story| Chicago Tribune
Apr 23, 2013
|Story| Chicago Tribune
Original site for Foreclosures topic gallery.