Central Islip group gets $200,000 to rehab foreclosures – Newsday
The council hopes to use the money to buy foreclosures at a discount, fix them and sell them as affordable housing.
Source: www.newsday.com

5 Long Island houses on the market for $375,000 – Newsday
The only con at this Elmont ranch is its size, says Femi Adebanjo of Prudential Douglas Elliman Real Estate in Franklin Square (516-354-6500), who is co-listing the house with Liliya Gavrilova. “It’s not a huge house,” he says, “but for
Source: www.newsday.com

Zach Lund Seeks to Rewrite His Legacy After Olympic Ban – Salon
The 30-year-old skeleton racer is on course for his first Olympics in Vancouver after a suspension tied to his use of an antibalding medication. http://ubyusx.linux-dude.com/articles/police-lock-me-up-song Police lock me up song http://ikp.myip.org
Source: open.salon.com

Jobless rate drops slightly in county, holds in Denton – Denton Record-Chronicle
Foreclosure listings continued to rise in Denton County, according to a report released by Addison-based Foreclosure Listing Service Inc. There were 689 foreclosure listings for the Jan. 5 auction, which is the fourth time the figure has surpassed
Source: www.dentonrc.com

Gallatin County awarded $7M federal housing grant – Billings Gazette
BOZEMAN — Gallatin County has been awarded a $7 million grant through the federal Neighborhood Stabilization Program to help low-income residents buy homes. But county commissioners will have to vote on whether to accept the money, and a public
Source: www.billingsgazette.com

New Castle County to buy foreclosed homes – WHYY
The number of foreclosures in Delaware’s most populous county is up 23% for the year, totaling more than 2,500 this year. While that number continues to rise, the number of unoccupied homes is on the increase as well. That’s why New Castle County
Source: whyy.org

Housing Grant Helps Delaware Communities Hit By Foreclosures – All American Patriots
New Castle County is working to minimize the housing crisis in our communities with a multi- pronged approach that includes providing information to homeowners on preventing foreclosure, making ownership possible for more families through the
Source: www.allamericanpatriots.com

How to avoid headaches when lending to family – Washington Post
Planners say the reasons for the requests run the gamut from debt consolidation to medical expenses to preventing foreclosure.
Source: www.washingtonpost.com

Obama and US Treasury Department Earn a F on Report Card for – Associated Content
Asset Relief Program to soften the foreclosure crisis and ease credit markets for businesses and families and to help reduce mortgage loan payments for people facing foreclosure, loan plans remain a focal point for mortgage relief and Obama
Source: www.associatedcontent.com

Parts of McKinney’s 380 Towne Crossing center facing foreclosure – Dallas Morning News
Almost 300 commercial real estate properties in Dallas, Collin, Tarrant and Denton counties are threatened with foreclosure next month, according to Foreclosure Listing Service. The loans on the properties add up to more than a half-billion dollars.
Source: www.dallasnews.com

Agency That Offers Assistance Finds Itself in Need – NBC Dallas-Fort Worth
A Collin County agency that provides emergency assistance is struggling to survive because of a lack of donations and an abrupt administrative change. The Community Lifeline Center assists northern Collin County residents who suddenly can’t pay their
Source: www.nbcdfw.com

Demand for U.S. Foreclosure Properties Slips: Survey – ABC News
The percentage of Americans at least somewhat likely to consider buying a foreclosed home fell to 43 percent in November, down sharply from 55 percent in May, according to a survey by Harris Interactive. The survey was conducted November 5-9.
Source: www.abcnews.go.com

Economy – Tuesday – Yahoo Finance
The percentage of Americans who might consider buying a foreclosed home fell to 43% in Nov. from 55% in May due to concerns about hidden costs, according to Harris Interactive. The extended and expanded homebuyer tax credit could reignite demand
Source: biz.yahoo.com

Sick of Renting? Buy a Foreclosure – Military.com
In today’s flagging housing market it’s easy to envy renters — they don’t have to worry about paying for home repairs, home owners’ association dues, or property taxes. On the other hand, they do have to worry about throwing their money
Source: www.military.com

Home Value Highwire – WTOP
WASHINGTON – The local housing market is gaining steam. But it feels like there are two housing markets in one, says John McClain, senior fellow at George Mason University. According to new numbers being analyzed by McClain, existing home sales are
Source: www.wtop.com

West Palm Beach offers housing steal, but neighborhood may sour deal – Palm Beach Interactive
The city’s pool of homes comes from properties seized due to liens and purchases of bank-owned foreclosures. Newly constructed three-bedroom, two-bath homes will sell for $150,000, with the buyers responsible for $75,000. The rehabilitated homes will
Source: www.palmbeachpost.com

Higher Bay Area home sales, prices offer hope – Inside Bay Area
The Bay Area real estate market continued to show improvement in November due to fewer sales of bargain-priced foreclosed and more sales of higher-priced properties. According to a report released Thursday by MDA DataQuick of San Diego, the median
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Right mix for resiliency – Augusta Chronicle
Rachel Meers is now the breadwinner of her family, slugging her way through a tough job market for four months since college graduation. With her newlywed husband still in medical school, she abandoned her quest for a communications job and went into
Source: chronicle.augusta.com