Family Narrowly Skirts Foreclosure – WSJ.com

Family Narrowly Skirts Foreclosure A close look at a how California homeowners pulled off a short sale. The homeowners: April Reed, 35, a real estate agent, and Eric Reed, 38, an electrician. The home: In October 2005, the Reeds bought a house for $294,000 in Chester, Calif., a small mountain community east of Chico, Calif., …

Landlords fall into foreclosure, leaving tenants in shock, lurch

Landlords fall into foreclosure, leaving tenants in shock, lurch In normal economic times, a landlord scrutinizes a potential tenant’s credit score before signing a lease. In today’s chaotic housing market, maybe it’s the tenant who should check out the landlord’s financial stability. Just ask Christy Orris, a single mother who last month signed a lease …

Realtor knew Cape Coral in earliest days [South Florida]

Realtor knew Cape Coral in earliest days [South Florida] Gloria Raso Tate remembers Cape Coral as it used to be, before the population hit six digits, five digits or even four. Tate is a Realtor with Raso Realty in Cape Coral, a firm started by her late father, Joe Raso. Just 400 people inhabited the …

Two banks square off over former Steffen property

Two banks square off over former Steffen property The fallout continues to spread over a prominent developer shutting down operations amid financial troubles. Two banks are squaring off over the possible foreclosure and sale of a Midtown building. Business Bank of St. Louis filed suit in St. Louis County Circuit Court to prevent the sale …

Cheap Chic: Home-Price Erosion Hits the $5 Million-Plus Market

Cheap Chic: Home-Price Erosion Hits the $5 Million-Plus Market A slice of the good life — the really good life — has gotten a lot more affordable lately. From Miami to Beverly Hills, homes with bowling alleys, theaters, steam rooms, heated decks, six-bay garages and other luxury must-haves are sitting on the market for at …