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02/07/2008 Homeowners: Can't pay? Just walk away
More and more borrowers are watching their house values sink while the cost of their loans skyrockets. What to do? Skip out on the mortgage all together.
07/06/2007 Florida Foreclosure Future Shock
A tidal wave of foreclosures may be heading toward Florida, if you judge by the number of homeowners looking to get rid of their homes as fast as they can.
01/23/2007 Real Estate Investors.TV Opens to Public
North American real estate investors get first public look at vast online resource for real estate investment education.
11/13/2006 Bayview 1031 Joins Real Estate Investors.TV
Will be the exclusive provider of video, audio and text-based training on 1031 exchanges for Real Estate Investors.TV.
11/10/2006 House Buyer Network Hires Matthew Goggin
Executive Producer and Senior Vice President of Marketing
10/10/2006 Craig Proctor Productions & House Buyer Network to Announce New Home Selling System
Innovative process will accelerate home sales and benefit both listing agents and home sellers.
9/19/2006 Motivated Sellers Surge in AZ, CA, FL
House Buyer Network Calls a Real Estate Bust in Twelve U.S. Counties
7/11/2006 House Buyer Network Unveils New Quarterly Recognition Program
Awards recognize top real estate performances across North America.
3/16/2006 House Buyer Network Expands Into Canada
Company now the largest home selling solutions company in North America.
2/16/2006 Craig Proctor Productions Selects MotivatedRELeads.com
One-year agreement expands opportunities for customers of both companies.
12/13/2005 2005 a Year of Major Milestones for House Buyer Network
Company crosses major thresholds for customers, revenue and home submissions.
09/29/2005 House Buyer Network Launches MotivatedRELeads.com
New service provides steady stream of motivated sellers to real estate agents nationwide.
09/27/2005 House Buyer Network Moves Into New Corporate Headquarters
New location to facilitate the continued rapid growth of the company.
09/23/2005 House Buyer Network Hires Cheryl Rogers as Director of Sales
Continuing to support rapid expansion by adding top talent, House Buyer Network today announced the hiring of Cheryl Rogers as Director of Sales.
09/22/2005 House Buyer Network Hits 25% Growth Again in August
Sees home submissions return to double-digit increase.
08/24/2005 House Buyer Network Hits $10 Billion
Continued record growth pushes company over the eight-figure mark in August.
08/10/2005 House Buyer Network Continues Record Streak in July
Company again sees significant gains in revenue, net income and home submissions.
07/06/2005 June Marks Four Straight Record Months for House Buyer Network
Company continues streak; sets new highs for profit, revenue and home submissions.
06/09/2005 House Buyer Network Makes It Three in a Row
Service again sets revenue and home submission records in May.
05/04/2005 House Buyer Network Has Second Straight Record Month
Service sets dual records for revenue and home submissions in April.
04/13/2005 House Buyer Network Launches The "We Buy Houses" Directory
Free advertising service for U.S. real estate investors consolidates the market.
03/17/2005 House Buyer Network Hires Shane Pike as VP of Business Development
In a move to further accelerate its already booming business, House Buyer Network today announced the hiring of Shane Pike as Vice President of Business Development.


U.S. Real Estate News

- From MSN News

Real Estate Market

  Nine houses lost, investor reflects on ‘stumbles’ - MSNBC
LOS ANGELES - A California man who has defaulted on nine homes and expects banks to foreclose on all of them, forcing him into bankruptcy, says he now considers it a mistake to have invested in the real estate market. Shawn Forgaard, a 37-year-old ...
  Find out if you are financially fit to buy a home - Christian Science Monitor
Is it just advertising hype to lure buyers into plummeting housing markets – or a sign of great buying opportunities? As real estate's busiest months begin, potential buyers are challenged to understand both the opportunities and risks of home ...
  Nine houses lost, investor reflects on ‘stumbles’ - MSNBC
LOS ANGELES - A California man who has defaulted on nine homes and expects banks to foreclose on all of them, forcing him into bankruptcy, says he now considers it a mistake to have invested in the real estate market. Shawn Forgaard, a 37-year-old ...
  Couple seek even keel after real estate storm - San Diego Union-Tribune
As San Diego's real estate market has struggled the past couple of years, Antwane and Holly Rucker felt the financial implications in more ways than one. EARNIE GRAFTON / Union-Tribune In trying to weather the housing crisis, the Ruckers - Antwane ...
  'Cyclical' real estate market will improve, Realtors told - San Diego Union-Tribune
Several years ago, during the fevered housing boom, some agents could make sales simply by going to work and answering the telephone, Davi said. “Well, those days are over.” He suggested that agents who haven't worked through previous housing ...
  California man losing nine homes in mortgage mess - Reuters
LOS ANGELES (Reuters) - A California man who has defaulted on nine homes and expects banks to foreclose on all of them, forcing him into bankruptcy, says he now considers it a mistake to have invested in the real estate market. Shawn Forgaard, a 37 ...
  Market Downturn Is Good News For Land Conservationists - PLANetizen
While plenty of investors and homeowners are feeling the pain of the current real estate market, groups trying to protect land from development are welcoming the downturn. "There's a green lining to the real-estate cloud: Developers are dropping ...
  The six scariest real estate markets - MSNBC
When choosing these cities we looked strictly at statistics, things like the number of foreclosures, steep price drops and high unemployment.* Many of these cities are perfectly nice places to live, with thriving cultures. Detroit, for example, was ...
  Housebuyers hunt Sydney bargains - News.com.au
THE bloodbath in the Sydney property market means heartbreak for battling homeowners, but it's also throwing up bargains for savvy househunters. Bernadette Langford fell in love with her modern two-bedroom townhouse tucked away in a quiet Guildford ...
  Calif. Man Losing Nine Homes in Mortgage Mess - CNBC
A California man who has defaulted on nine homes and expects banks to foreclose on all of them, forcing him into bankruptcy, says he now considers it a mistake to have invested in the real estate market. Shawn Forgaard, a 37-year-old software company ...

Housing Starts

  Housing starts tumble 12 pct in April - Reuters Canada
TORONTO (Reuters) - Housing starts fell 12 percent in April after a strong first quarter, Canada Mortgage and Housing Corp. said on Thursday. The seasonally adjusted annualized rate of housing starts in Canada reached 213,900 units in April from a ...
  Housing starts fall in April - Globe and Mail
OTTAWA — Housing starts in Canada dropped to 213,900 in April, coming back to earth after a surprisingly strong first quarter, the Canada Mortgage and Housing Corp. says. The April housing activity was somewhat weaker than economists' expectations ...
  Land Price - Chicago Tribune
With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent -- and this week's data could help investors gauge the mind-set of the average consumer. Tax rebates have historically been helpful in ...
  Wall Street looks to US consumers for direction - Baltimore Sun
NEW YORK - With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent -- and this week's data could help investors gauge the mind-set of the average consumer. Tax rebates have historically been ...
  The business week ahead - Seattle Times
Heads up: Key reports on the U.S. economy are due out this week, from the federal budget deficit on Monday to housing starts on Friday. Others include the Commerce Department's reports on retail sales for April and business inventories for March ...
  Retail Sales Probably Dropped in April: U.S. Economy Preview - Bloomberg
May 11 (Bloomberg) -- Sales at U.S. retailers probably fell in April as the biggest housing slump in a quarter century, record gasoline prices and the loss of jobs took their toll, economists said before reports this week. Purchases fell 0.2 percent ...
  Housing numbers aren't cause for concern yet, say developers, realtors - Daily Herald Tribune
Housing starts in Grande Prairie and across the province plunged in the first quarter of the year but the numbers aren’t worrying developers and realtors. “It’s not a sign of disaster, it’s a sign of bad planning,” said Rhonda Side ...
  Economy still weakening, data expected to show - Marketwatch
WASHINGTON (MarketWatch) -- Key sectors of the U.S. economy were slowing in April and early May, economists said ahead a very busy week for economic data. "The economy is far from being 'out of the woods,'" wrote Brian Bethune and Nigel Gault ...
  RPT-Wall St Week Ahead: Stocks on hold, with oil a hurdle - Forbes
NEW YORK (Reuters) - U.S. stocks are within spitting distance of crossing a milestone this week that could propel the market out of its trading range, but surging oil prices and economic uncertainty pose major obstacles. So far this month, stocks ...
  This week, investors look to the US consumer for clues about the ... - Grand Forks Herald
With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent - and this week's data could help investors gauge the mind-set of the average consumer. Tax rebates have historically been helpful in ...

Mortgage Rates

  Housing aid bill faces veto by President Bush - Atlanta Journal Constitution
WASHINGTON — Democrats' plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush's threatened veto and the backing of many congressional ...
  Fewer home loans taken out in March - News.com.au
THE expense of a new mortgage is deterring people from taking the plunge into home ownership with the number of loans taken out in March the lowest since August 2005. The number of owner-occupier loans secured in March fell by a seasonally-adjusted 6 ...
  Rates could fall despite credit crunch - Stuff
ANZ, New Zealand's biggest mortgage lender, last month took the "unusual step" of entering the uridashi market directly with a dual issuance of $60 million in New Zealand dollar denominated debt and A$20m. Its move follows a bond issue last month and ...
  In mortgage market, ‘walkaway’ homeowners may be urban myth - Los Angeles Times
"Who do you see walking? They're people whose rate is about to reset and they see no way out," Marks said. "People who have a fixed-rate mortgage that was initially affordable and continues to be affordable don't walk away from their home, even when ...
  Rates on 30-year mortgages edge down slightly - San Francisco Gate
Rates on 30-year mortgages edged down slightly last week, but remained above 6 percent for the third straight week. Mortgage giant Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 6.05 percent last week, compared with 6.06 ...
  Take from the rich, say voters - News.com.au
It shouldn't be means tested, it should be compared aginst your mortgage, rates and income COMBINED. $150,000k living in the inner suburbs these days is not "rich", it takes every cent just to pay the mortgage and bills, daycare, healthcare. Wake the ...
  Fixed Mortgage Rates Steady - Week.com
NEW YORK -- Fixed mortgage rates have largely gone unchanged. The average conforming 30-year fixed mortgage rate backtracked to 6.13 percent, according to Bankrate.com's weekly national survey of large lenders. The average 30-year fixed mortgage has ...
  Mortgage repossession orders up 17% - Western Telegraph
Lenders have come under pressure to do more for struggling homeowners after the number of people threatened with losing their homes rose to its highest level for 16 years. Government data showed a total of 27,530 mortgage repossession orders were ...
  No account, no mortgage, says Halifax - Times Online
Halifax, Britain’s biggest mortgage lender, will from tomorrow force borrowers with small deposits who do not use a broker to open a current account before they can get a mortgage. The move, seen as an attempt to boost the bank’s cash deposits ...
  ASB cuts mortgage rates - ONE News
ASB has cut its key mortgage rates for the first time since the global credit crunch forced interest rates higher earlier this year. The bank's two-year rate is down to 9.4% from 9.7%. Its six month rate has moved to 9.75% from 9.85%. Managing ...

Foreclosures

  Michael Jackson says ranch foreclosure averted - Reuters
NEW YORK, May 11 (Reuters) - Entertainer Michael Jackson said on Sunday a foreclosure sale on his Neverland Ranch property in California has been canceled by Colony Capital LLC, which acquired the loan on the ranch from Fortress Investment Group (FIG ...
  Michael Jackson says ranch foreclosure averted - Reuters
NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday that a foreclosure sale on his Neverland Ranch property in California has been canceled by Colony Capital LLC, which acquired the loan on the ranch from Fortress Investment Group and is ...
  Michael Jackson averts ranch foreclosure - Reuters UK
NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a foreclosure sale on his Neverland Ranch set for this week was averted after a loan on the California property was sold to Colony Capital, a large real estate investment firm. The loan ...
  U.S. bill on aid for homeowners in doubt - International Herald Tribune
WASHINGTON : Even as the U.S. housing foreclosure crisis deepens, legislation to rescue homeowners and their lenders appears to be in significant political jeopardy. The bill, which passed the House of Representatives last week, is quickly becoming a ...
  Jackson avoids losing Neverland Ranch - Los Angeles Times
Pop star Michael Jackson sidestepped a foreclosure auction of his Neverland Ranch after an investment company bought the loan on the troubled Los Olivos property, a spokeswoman said today. The loan purchase by Colony Capital LLC was the latest deal ...
  Scenes From the Mortgage Mess A California Couple's Descent Into ... - Wall Street Journal
The Borrowers: Sherrie Floyd, 44, a clerical assistant at the Kaiser Foundation, and her husband, Kevin Floyd, 45, a truck driver in Vallejo, Calif. The House: In June 1995, the Floyds bought a four bedroom, 2,100 square foot home in Vallejo at ...
  Foreclosure Bargains on the Block - BusinessWeek
At the end of 2006 a new 4,000-square-foot home with a three-car garage in a small gated subdivision in Las Vegas sold for $1 million. On May 6 the bank that owns the now foreclosed property at 7604 Noche Oscura Circle agreed to sell it for $500,000 ...
  Jacko says ranch foreclosure averted - Straits Times
NEW YORK - ENTERTAINER Michael Jackson said on Sunday a foreclosure sale on his Neverland Ranch set for this week was averted after a loan on the California property was sold to Colony Capital, a large real estate investment firm. The loan, which ...
  Michael Jackson staves off foreclosure on Neverland Ranch - Canton Repository
Pop star Michael Jackson sidestepped a foreclosure auction of his Neverland Ranch after an investment company bought the loan on the troubled Southern California property, a spokeswoman said today. The loan purchase by Colony Capital LLC was the ...
  Foreclosure on Jackson's Ranch Averted - AOL
NEW YORK (May 11) - Entertainer Michael Jackson said on Sunday a foreclosure sale on his Neverland Ranch set for this week was averted after a loan on the California property was sold to Colony Capital, a large real estate investment firm. A last ...