News & Headlines
A directory of real estate links, outlining the most popular news and other articles as voted on by the BiggerPockets community.
Stephanie Tautkus's Links
More banks and servicers walk away from properties
You've heard a lot about strategic defaulters, who simply default on their mortgages--whether they can pay or not--and walk away, leaving the property to their lender. It turns out that lenders and... Read more...
Australians swoop in on U.S. foreclosures
Buoyed by a strong economy, Australians and others from commodity-rich nations are looking for deals on U.S. homes, and hope to make a killing on rent.
'Foreclosure Mill' Employees Got Gifts For Altering Docs
At a large Florida "foreclosure mill," a manager signed up to 1,000 documents a day without reading them and employees were given gifts to speed up foreclosure paperwork, according to depositions released today by the Florida Attorney General's Of...
Family Dollar Stores Looks To Double Store Growth
Family Dollar Stores in Charlotte, NC, plans to open 300 new stores in its 2011 fiscal year, a 50% increase over 2010 openings. It also expects to build a pipeline to return to square footage growth of 5% to 7% over the next two...
Govt warned about troubles in mortgage servicer industry
Consumer advocates and lawyers warned federal officials in recent years that the U.S. foreclosure system was designed to seize people's homes as fast as possible, often without regard to the rights of homeowners.
Judge halts foreclosure probe
Against a backdrop of halted foreclosures and exposed ``robo-signers,'' a Palm Beach County judge dealt a blow to an investigation of one of the law firms under state scrutiny, striking down the state's subpoena.
Florida Proposal Ruffles Builders
The real-estate industry and pro-growth advocates are rallying to defeat a Florida proposal that would allow voters to decide on changes in local land-use plans. Opponents of 'Amendment 4' say the measure would limit development.
Florida’s High-Speed Answer to a Foreclosure Mess
Florida has set up foreclosure-only courts to reduce a huge backlog, but borrowers’ lawyers are critical of the process.
Tenants Landlords Face Huge Changes/New Lease Accting Rules
Northrop Grumman Corp.'s decision in July to relocate its corporate headquarters from Los Angeles to a 14-story, 334,385-square-foot building it acquired in Falls Church, VA, was a huge economic development victory for Fairfax...
S&P Downgrades Home Builder Stocks
A weeklong rally in the stocks of home builders was cut short on Thursday after an analyst at Standard & Poor's Corp. downgraded four larger home builders.
A plan to save commercial real estate
A new bill proposes a solution for the looming commercial real estate crisis: make it more friendly to foreigners.
New home sales hit record low in January
Sales of new homes plunged to a record low in January, underscoring the formidable challenges facing the housing industry ...
Commercial Real Estate Crisis: NOW They Tell Us
Congressional Oversight Panel published a 189-page report on the condition of the U.S. commercial real estate sector
Rates on 30-year home loans dip again
Rates for 30-year home loans edged lower for the second straight week, a report said Thursday, but remained above last year's record lows.
Beazer Homes posts a $48 million profit for Q1
Homebuyers spurred by low interest rates and government incentives helped lift Beazer Homes USA Inc.'s sales in the last three months of 2009, but the builder only turned a profit because of a hefty tax gain.
Congress Worries About Commercial Real Estate
A bipartisan group of 79 House members sent a letter to the Treasury Department and the Federal Reserve on Monday urging them to take a more active role
Worst to come in U.S. commercial real estate
The worst may not be over for commercial real estate loans as vacancies remain high and rents decline, threatening the financial system with substantial losses,
Banks Report Slowing CRE Loan Charge-Offs
A number of major regional banks reported a general slowing in the rate of deterioration of their commercial real estate loan portfolios in the fourth quarter,
LoopNet Launches Mobile CRE Search Ap iPhone & iPod touch
LoopNet Launches The First Mobile Commercial Real Estate Search Application For iPhone and iPod touch. - New App Allows Users To Search For Available Commercial Property
Highest apartment vacancy rate is here
At 14.4 percent, Jacksonville had the highest apartment vacancy rate in the U.S. in the last quarter, according to the Reis Inc. Apartment Market Trends for the fourth quarter 2009.
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