NEW HOUSING DATA TODAY!
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.
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