New home sales keep rising

Posted by admin in Housing Market on December 24th, 2011

by Ruth Mantell – Dec. 23, 2011
MarketWatch

WASHINGTON — Led by growth in the South and Midwest, November sales of new single-family U.S. homes rose to the highest rate since April, though overall levels remain low, according to data released Friday by the Commerce Department.

The seasonally adjusted annual rate for sales of new single-family houses reached 315,000 in November, according to government data, matching analysts’ expectations.

While economists have been cheered by improving trends in recent housing data, housing remains weak.

“Despite some modest improvement in recent months, new home sales remain very depressed compared with historical norms,” wrote Andrew Grantham of CIBC World Markets in a research note.

Still, some observers see encouraging signs.

“It is too soon to declare that new home sales are recovering (especially with our misgivings over the construction of the data and the failure to amend the sales numbers for cancellations) but sales appear to have bottomed,” according to an RDQ Economics research note. “We look for a modest gain in new home sales and housing starts in 2012 despite the backlog of foreclosures.”

Meanwhile, sales in October were upwardly revised to a rate of 310,000 from an earlier estimate of 307,000. The pace of November sales was up 9.8 percent from same month last year.

By region, sales for November grew by 12.9 percent in the South and by 7.5 percent in the Midwest. Meanwhile, the rate fell 26.3 percent in the Northeast and dropped 16.9 percent in the West.

The median sales price fell to $214,100 in November from $222,600 in October.

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Sheriff Joe Arpaio Kills Another Inmate: Footage of Beating

Posted by admin in Mix Up News, Political Mix on December 24th, 2011

Video Shows Altercation with Combative Inmate: MyFoxPHOENIX.com

Once again, Sheriff Joe’s staff kills another innocent person. Ernest Atencion was booked on December 15th, 2012, but little did he know, this was going to be his last day of life. During his stay at the 4th Avenue Jail in Phoenix, AZ, this innocent man’s life was sadly taken away. He left Sheriff Joe’s jail a dead man with brain damage and on life support leaving his family with no option but to pull the plug.

“Deputies hold Atencio down, his face up against the floor. That’s when you see a detention officer make three forceful movements near what looks like his head. Another officer taps his fellow detention officer on the shoulder and he stops.”

As you can see in the video, his lifeless body was left for 15 minutes before deputies realized he was not breathing. Those blows to the head caused brain damage, which eventually killed him.

Sheriff Joe is a murderer and should be forced to resign. This has happened one too many times and is unacceptable behavior! Sheriff Joe is a RACIAST PIECE OF SHIT!!!

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Kardashian’s ex-publicist says wedding was staged

Posted by admin in Mix Up News on November 12th, 2011

Kim staged the wedding for publicity and money...

by Fashingbauer Cooper – Nov. 10, 2011
MSNBC.com

It will come as no surprise to those who have been watching the Kim Kardashian divorce fallout, but numerous people think her 72-day marriage to NBA player Kris Humphries was done for the cameras, not for love. But it’s a little surprising that one of those people is Kardashian’s own ex-publicist.

Jonathon Jaxson told the New York Post that the reality star “knew weeks before getting married she didn’t want to do it,” and added “She’s never gotten over [ex Reggie Bush].”

Jaxson also said he and Kardashian staged a scene in which she went to a jewelry store and tried to make it look as if Bush was proposing marriage. “It was calculated to a T and then it was leaked to a magazine,” he told the Post. Jaxson claims that Bush wasn’t in on the staging and that such events convinced the football star to break up with Kardashian.

The Post also quotes Jaxson as saying fame was always Kardashian’s goal, and saying that while she herself did not leak her infamous sex tape, she “wasn’t devastated” when it did happen.

He hints that he’s speaking out now because he wasn’t paid, the Post reports, so factor that into his comments however you like.

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Foreclosures: Was yours illegal? Get it reviewed.

Posted by admin in Housing Market on November 2nd, 2011

Chase customers fight at a branch!

By Derek Kravitz, AP Economics Writer / November 2, 2011

Foreclosures affecting some 4 million homeowners are eligible for review. But the new federal order means that the lenders will be reviewing their own foreclosures for mistakes.

About 4 million homeowners who may have been improperly foreclosed upon in 2009 and 2010 are getting an opportunity to have their cases reviewed. Whether they will be reimbursed is up to the same lenders who are accused of moving too swiftly to seize their homes.

The Office of the Comptroller of the Currency said Monday that mortgage services will begin sending out letters this month that ask borrowers if they want their case reviewed.

The nation’s 14 largest mortgage servicers — including Citibank, Bank of America, JPMorgan Chase and Wells Fargo — were ordered to offer to review cases after the government found that some rushed the foreclosureprocess without carefully reviewing documents.

The orders require the lenders pay homeowners when a “borrower suffered financial injury.” There is no minimum or maximum dollar amount identified.

Critics, including congressional Democrats, say the orders were too lenient on the banks and that it was inappropriate for the lenders to review their own potential mistakes.

“Servicers have a poor performance track record in effectively engaging with borrowers, and, in the claims process, have a natural disincentive to reach the households their practices have harmed,” wrote Rep. Maxine Waters (D-Calif.) in a letter to regulators.

Regulators say independent consultants will also review the cases and that those reviews would likely take several months. If a consultant finds that a lender erred, it will conduct follow-up reviews on other cases to see if the lender is trying to dodge blame.

“The challenge is substantial, but the steps we have required the servicers to take are vitally important to resolving these issues in a way that respects the rights of those who have been harmed and helps to restore confidence in the system,” said John Walsh, acting Comptroller of the Currency.

In the four years since the housing bust, about 5 million homes have been foreclosed upon. About 2.4 million primary mortgages were in foreclosure at the end of last year. Another 2 million were 90 days or more past due, putting them at serious risk of foreclosure.

The other lenders and service providers cited by the agencies include: Ally Financial Inc., Aurora Bank, EverBank, HSBC, MetLife Bank, OneWest Bank, PNC, Soverign Bank, SunTrust Banks, U.S. Bank, Lender Processing Services and MER-SCORP.

Eligible homeowners can also call 888-952-9105 or go to www.independentforeclosurereview.com for more information. Requests to review specific foreclosure cases must be received by April 30.

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Kim Kardashian’s first divorce interview!

Posted by admin in Mix Up TV on November 2nd, 2011

video platformvideo managementvideo solutionsvideo player

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Yelawolf – Let’s Roll New Single

Posted by admin in Mix Up News on October 29th, 2011


Yelawolf – “Let’s Roll” feat. Kid Rock by Interscope Records

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Yelawolf – Hard White (Up In The Club) ft. Lil Jon

Posted by admin in Mix Up TV on October 29th, 2011

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