County Paying for Foreclosed Homes - KIONrightnow.com

County Paying for Foreclosed HomesKIONrightnow.com, CASALINAS, Calif- Monterey County is taking steps to boost the local housing market by buying foreclosed homes. As part of a new plan called the Neighborhood Stabilization Program the county will use more than $2.1 million dollars to purchase, …Monterey County approves foreclosure purchase plan The Salinas CalifornianMonterey County looks [...]

In the housing market, still waiting for dust to clear - Philadelphia Inquirer

In the housing market, still waiting for dust to clearPhiladelphia Inquirer, PARising foreclosure rates and delinquencies. Increasing existing-home inventories. Weak demand for new and existing homes, and lagging construction. Continued price declines. Not a good week for housing, which PMI Group Inc. chief economist David Berson …

Source:In the housing market, still waiting for dust to clear [...]