The Executive Director of the Reno Housing Authority David Morton takes City of Reno staff on a tour of the first homes the agency bought and rehabilitated as part of a plan to revitalize an area of northeast Reno. Reno Council Member Jessica Sferrazza spearheaded the move to obtain a grant from US Senator Harry Reid to purchase foreclosed homes and fix them up, so residents with low incomes can live there. The facade and interior improvements are helping to spur private investment in the neighborhood.
Illness and unemployment have forced Candy into foreclosure. We must put a personal face on foreclosure, and we must take action if we have any chance of preventing millions of people from losing their homes.Have you been affected by the housing crisis? Do you know anyone who has? We’re asking you to record your story, or the story of a friend, family member, or neighbor, and send it to us in a video or through a written submission. We’re collecting stories to display on fightingforourhomes.com.
Dr. Stan Humphries, Zillow’s Chief Economist, discusses his recent white paper analyzing the sale price of foreclosure homes versus non-foreclosure homes. More info here: activerain.com
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- Mexico's government denied yesterday any delays in the MXN 129 billion (USD 10.28bn/EUR 8.315bn) project of state oil monopoly Petroleos Mexicanos (Pemex) for the new oil refinery, due to start […]
the secondary market in a bid to infuse cash into the banking system. However, a $3.2-billion bond auction on Friday and concerns of an impending fuel price hike that would push inflation higher prevented a further downside to yields. [ID:nSGE65H0H7] The […]
Ray Strange Source: The Australian COMMUNICATIONS Minister Stephen Conroy is pushing ahead with a key plank of the government's overhaul of the so-called digital economy. Senator Conroy has confirmed the pending sale of wireless spectrum that could net […]
Treasury prices pared gains though short-term yields stayed down near record lows Thursday, after government reports showed U.S. jobless claims fell by 19,000 last week and durable-goods orders for May dropped 1.1%. The drop in first-time jobless claims […]
THE government stands to reap millions of dollars from an auction of wireless broadband spectrum to be held in late 2012 that it announced yesterday. The auction of 126 megahertz broadband spectrum […]
high unemployment. The Fed said financial conditions had become less supportive of economic growth, largely reflecting developments abroad. 'Government bond yields are mostly lower (and prices higher),' said T.J. Marta, chief market strategist at Marta […]
Russia's energy-rich Yamalo-Nenets Autonomous region plans to auction up to seven oil and gas deposits, the RIA Novosti news agency reported on Thursday. The regional government will offer five gas deposits of the South Tambeisky block on June […]
met Blackstone head Stephen Schwarzman in New York on Tuesday and asked the firm to participate in an auction for a portion of the South Korean governments stake in the countrys third largest bank. The government is currently preparing sale plans for the […]
- Nigeria auctioned 80 billion naira worth of 20-year, 5-year and 3-year sovereign bonds at its sixth debt auction of the year, the Debt Management Office (DMO) said on Thursday. The debt office sold 20 billion naira of the 20-year paper, 30 billion […]
Finance (SEO:053000) to buy a stake in the state-run bank, local media reported on Thursday. The Korean government, which controls 57% of Woori, is expected to announce an auction for the bank over the next few weeks. According to the Korea Economic […]
