Some good news folks!
"Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for April showing an increase in sales with total home sales climbing 3.4% since March rising 10% above the level seen in April 2011.
Single family home sales also improved rising 3.0% from March and 9.9% above the level seen in April 2011 while the median selling price increased 10.4% above the level seen in April 2011."
And not so good news?
Below is another article about a foreclosure scam. I think we'll continue to see a lot of these for a while.
Marien Brown, Wentzville, Missouri, was sentenced to 18 months in prison, and ordered to pay approximately $250,000 restitution for falsely representing that she operated a "mortgage rescue" or "foreclosure rescue" service.
Take home message: don't ever give anyone money for a so-called mortgage rescue. Always talk directly with your lender and double-check all your sources.
