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Interest rates fall; economist disagree of effects - Riverside Press Enterprise
A plunge in mortgage interest rates has triggered a burst of applications for refinancing that real estate industry analysts hope will fuel home sales and lead to a housing recovery. However, some industry observers said they do not believe lower ...

Inland Empire Prepares for 350,000 Foreclosures - PLANetizen
Local and regional governments in Riverside County, California, have assembled a "Red Team" task force to mitigate the impacts of the foreclosure crisis in the fastest growing region in the state. "For example, there were approximately 360,000 homes ...

S.B. County tackles foreclosures - Victorville Daily Press
The San Bernardino County Board of Supervisors Monday launched what officials say is a "bold economic recovery plan" to address area foreclosures and the mortgage meltdown. The Board of Supervisors unanimously approved a plan to contract with the ...

From Bust to Broom: Mortgage crisis a boon for foreclosure cleanup ... - Chicago Tribune
FORT EDWARD, N.Y. (AP) _ Several men wordlessly carry out furniture, broken computers and boxes of garbage from a large blue house on a quiet upstate street on a brisk autumn morning. Rusting bikes and an old grill lay discarded in the overgrown ...

Timeline: U.S. Credit Crunch & Financial Failures - KNx 1070
NEW YORK (CBS News) ― Wall Street and Main Street have been caught up in credit market turmoil, which began in 2007 with rising defaults on mortgages made to financially shaky borrowers and spread to corporate bonds and other kinds of debt. May 17 ...

Stocks end short session with 5th straight gain - Buffalo News
Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress. On ...

Economists see county recession's long reach - San Diego Union-Tribune
Although the nation's leading economists have determined that the national recession began in December 2007, regional economists are split over when San Diego County slipped into recession. Some mark the beginning of the recession as early as spring ...

Tom Acitelli - New York Observer
Yowza! In an email time-stamped 6:38 a.m., The Real Estate Group New York declared that Manhattan was now, for all intents and purposes, a tenant's market going forward. "Landlords are feeling a lot of pressure this month," Daniel Baum, the firm's ...

Straight from B.C., ideas as big as all Texas - Globe and Mail
FORT WORTH, TEX. -- It's not all gloom and doom in the United States. A spirit of optimism runs through Fort Worth, Tex., where one of North America's largest infrastructure projects is being built according to a radical urban-renewal design by ...

Nation's foreclosure rate in October increases 25 percent year-over ... - Chicago Tribune
MIAMI (AP) _ The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed. More than 279,500 U.S. homes received at least one foreclosure-related notice ...