World’s Longest Yard Sale in U.S. Shows Economic Despair

World’s Longest Yard Sale in U.S. Shows Economic Despair
The World’s Longest Yard Sale stretches from Alabama to Hudson, Mich. But for buyers and sellers, an economic recovery is still a ways down the road
Read more on Time Magazine

Hard Times at the World’s Longest Yard Sale
The World’s Longest Yardsale stretches from Alabama to Hudson, Michigan. But for buyers and sellers, an economic recovery is still a ways down the road
Read more on Time.com via Yahoo! News

1.65 Million U.S. Properties Receive Foreclosure Filings in First Half of 2010 According to RealtyTrac

1.65 Million U.S. Properties Receive Foreclosure Filings in First Half of 2010 According to RealtyTrac
IRVINE, CA–(Marketwire – 07/15/10) – RealtyTrac ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, today released its Midyear 2010 U.S. Foreclosure Market Report, which shows a total of 1,961,894 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 1,654,634 U.S. properties in the first …
Read more on Marketwire via Yahoo! Finance

Dead cert
Forcing lenders to check that borrowers really are earning as much as they say seems pretty fundamental to effective regulation of the mortgage market – but could it make things worse rather than better?
Read more on InsideHousing

U.S. foreclosure filings fall from March, April 2009

U.S. foreclosure filings fall from March, April 2009
U.S. foreclosure filings fell 2% in April compared with the same month last year and are down 9% compared with March, according to data released today by RealtyTrac. The Irvine, Calif.-based foreclosure Web site counted 333,837 properties, or one out of every 387, that received a foreclosure filing during April.

Read more on Detroit Free Press