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Utah Real Estate News for February 22, 2012

Existing home sales jump more than 4 percent in January

The Salt Lake Tribune - Utah Real Estate » Wed, 22 Feb 2012 09:42:02

Existing home sales jump more than 4 percent in January By DEREK KRAVITZ The Associated Press Published Feb 22, 2012 09:42AM MDT Sales of previously occupied homes rose in January to the highest pace in nearly two years, a hopeful sign ahe... Read More

Foreclosure rates in Utah ease, but pain remains

The Salt Lake Tribune - Utah Real Estate » Thu, 16 Feb 2012 18:22:14

Foreclosure rates in Utah ease, but pain remains By LESLEY MITCHELL The Salt Lake Tribune Published Feb 16, 2012 06:22PM MDT Nearly one in 10 Utah homeowners are either behind on their mortgage payments or are losing their properties to fo... Read More

Wells Fargo directors ordered to face foreclosure claims

The Salt Lake Tribune - Utah Real Estate » Tue, 14 Feb 2012 14:15:02

Wells Fargo directors ordered to face foreclosure claims By Jef Feeley Bloomberg News Published Feb 14, 2012 02:15PM MDT Directors of Wells Fargo & Co., the largest U.S. mortgage lender, must face investors’ claims the bank failed to pro... Read More

Utah’s Trolley Square surviving in face of challenges

The Salt Lake Tribune - Utah Real Estate » Mon, 13 Feb 2012 08:06:58

Utah’s Trolley Square surviving in face of challenges By LESLEY MITCHELL The Salt Lake Tribune Published Feb 13, 2012 08:06AM MDT Trolley Square has survived it all: a shooting rampage that left five dead, the Great Recession and even a ... Read More

Federal judge: Texas law governs Utah foreclosures

The Salt Lake Tribune - Utah Real Estate » Fri, 10 Feb 2012 18:28:08

Federal judge: Texas law governs Utah foreclosures By Tom Harvey The Salt Lake Tribune Published Feb 10, 2012 06:28PM MDT A federal judge has ruled that Texas laws, and not those of Utah, govern foreclosures by a unit of Bank of America. ... Read More

Foreclosures deal aims to heal housing sector

The Salt Lake Tribune - Utah Real Estate » Fri, 10 Feb 2012 17:54:03

Foreclosures deal aims to heal housing sector By Jim Puzzanghera and Alejandro Lazo Los Angeles Times Published Feb 10, 2012 05:54PM MDT Washington • The landmark $25 billion settlement between major banks and state and federal governme... Read More

Utah to get $171M in huge foreclosure deal

The Salt Lake Tribune - Utah Real Estate » Fri, 10 Feb 2012 07:15:44

Utah to get $171M in huge foreclosure deal By Tom Harvey The Salt Lake Tribune Published Feb 10, 2012 07:15AM MDT Utah is receiving an estimated $171 million in money, reductions in mortgage principals and loan modifications as its portion... Read More

Thousands of condo owners stuck in condos they can’t sell

The Salt Lake Tribune - Utah Real Estate » Wed, 08 Feb 2012 11:57:06

Thousands of condo owners stuck in condos they can’t sell By LESLEY MITCHELL The Salt Lake Tribune Published Feb 8, 2012 11:57AM MDT Pete Farley’s condominium is tidy, updated, clean and in a good neighborhood. And with a listing price... Read More

Deal to settle foreclosure abuses moves closer

The Salt Lake Tribune - Utah Real Estate » Tue, 07 Feb 2012 17:15:03

Deal to settle foreclosure abuses moves closer The Associated Press Published Feb 7, 2012 05:15PM MDT Washington • Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement ove... Read More

Key states move closer to foreclosure-abuse deal

The Salt Lake Tribune - Utah Real Estate » Tue, 07 Feb 2012 09:57:18

Key states move closer to foreclosure-abuse deal By DEREK KRAVITZ The Associated Press Published Feb 7, 2012 09:57AM MDT Washington • California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved c... Read More

Restoration Hardware to open in City Creek Center

The Salt Lake Tribune - Utah Real Estate » Fri, 03 Feb 2012 08:30:55

Restoration Hardware to open in City Creek Center By LESLEY MITCHELL The Salt Lake Tribune Published Feb 3, 2012 08:30AM MDT One of Trolley Square mall’s main tenants, Restoration Hardware, is headed to City Creek Center, the new downtow... Read More

Utah trio facing new charges in alleged home-buying scam

The Salt Lake Tribune - Utah Real Estate » Thu, 02 Feb 2012 12:19:32

Utah trio facing new charges in alleged home-buying scam By Tom Harvey The Salt Lake Tribune Published Feb 2, 2012 12:19PM MDT A Highland couple has been indicted on more charges in an alleged real estate fraud scheme that involved using s... Read More

BofA unit: Texas law should govern Utah foreclosures

The Salt Lake Tribune - Utah Real Estate » Tue, 31 Jan 2012 23:26:10

BofA unit: Texas law should govern Utah foreclosures By Tom Harvey The Salt Lake Tribune Published Jan 31, 2012 11:26PM MDT Lawyers for the foreclosure arm of Bank of America argued Tuesday that when it sells a home in Utah it is governed ... Read More

Corporate expansions creating demand for office space

The Salt Lake Tribune - Utah Real Estate » Mon, 30 Jan 2012 09:02:52

Corporate expansions creating demand for office space By LESLEY MITCHELL The Salt Lake Tribune Published Jan 30, 2012 09:02AM MDT James Lee Sorenson has begun building one of the first speculative office buildings along the Wasatch Front i... Read More

Retail sector stages a comeback in Utah

The Salt Lake Tribune - Utah Real Estate » Sat, 28 Jan 2012 17:47:26

Retail sector stages a comeback in Utah By LESLEY MITCHELL The Salt Lake Tribune Published Jan 28, 2012 05:47PM MDT The Wasatch Front economy, wobbly but standing straighter than many rivals, is attracting a host of retail expansions that ... Read More

Do Gateway closures signal a shift to City Creek Center?

The Salt Lake Tribune - Utah Real Estate » Thu, 26 Jan 2012 20:50:30

Do Gateway closures signal a shift to City Creek Center? By LESLEY MITCHELL The Salt Lake Tribune Published Jan 26, 2012 08:50PM MDT The Gateway shopping center in downtown Salt Lake City has lost several tenants in recent weeks, including... Read More

Prices aren’t mirroring uptick in home sales

The Salt Lake Tribune - Utah Real Estate » Thu, 26 Jan 2012 20:50:30

Prices aren’t mirroring uptick in home sales By LESLEY MITCHELL The Salt Lake Tribune Published Jan 26, 2012 08:50PM MDT Home sales are up, prices aren’t. A report released Thursday by the Salt Lake Board of Realtors shows that the Wa... Read More

Rate on 30-year fixed mortgage rises to 3.98%

The Salt Lake Tribune - Utah Real Estate » Thu, 26 Jan 2012 17:24:02

Rate on 30-year fixed mortgage rises to 3.98% By CHRISTOPHER S. RUGABER The Associated Press Published Jan 26, 2012 05:24PM MDT The average rate on the 30-year fixed mortgage rose this week for the first time this month, though it remained... Read More
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