The Home Front


January 2009


'Motivated Sales': A Bigger Piece of the Home Sales Pie

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Radar Logic's Monthly Housing Market Report for November found that "motivated sales"--bank sales of foreclosed homes, for example--are accounting for a larger piece of the total home sales pie.

On the whole across Radar Logic’s 25 MSAs, motivated sales decreased on a month-over month basis ...

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Henry Paulson to Stay In Washington

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Surprising, I would have thought Hank Paulson would get as far away from Washington, D.C. as possible when his term ends. But it looks like the Treasury Secretary's next move will be a position at Johns Hopkins School of Advanced International Studies, which is located right in the nation's ...

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Congressional Push for 'Cram-Downs': It's On!

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One of the key legislative battles of the new Congress--in the housing arena, at least--is set for liftoff after Democrats in the House and the Senate dropped the controversial legislation.

Sen. Dick Durbin, a democrat from Illinois, introduced a bill earlier this week that would change existing ...

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HELOC, Car Loan Delinquencies At Record Highs

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More bad news on the credit front, this time concerning home equity lines of credit and auto loans.

From the American Bankers Association:

In the latest sign that consumers are under financial stress, indirect auto loan and home equity lines of credit (HELOC) delinquencies reached their ...

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