Malignant Monetary Madness (GoldSeek.com)
*** How will the real estate bubble end? With a bang - or a whimper? *** In denial so deep - it's not even denial anymore!...transferring the irrational exuberance...

Former Redfield man indicted in bankruptcy fraud case (Huron Plainsman)
THE REDFIELD PRESS REDFIELD — Former Redfield resident Roger Waldner was recently indicted on 12 counts of bankruptcy fraud. If convicted, he faces up to five years in federal prison followed by three years of supervised release plus a fine of up to $250,000.

Foreclosures' drop locally not trendy (Bradenton Herald)
Manatee County seems to be bucking state and national trends that show home foreclosures are increasing.

South Florida Foreclosures Increase Significantly in One Year, According to Default Research (PR Newswire via Yahoo! Finance)
The number of foreclosures has been heating up over South Florida since January 2006, with Broward County, up 50 percent, leading the other key counties, according to Default Research , the rapidly growing real estate research company for foreclosure properties.

TV STATION'S OWNER SAYS BANKRUPTCY WON'T AFFECT OPERATIONS, PERSONNEL (Tyler Morning Telegraph)
Business will continue as usual for a Tyler television station after its owner, Communications Corporation of America Inc., filed Chapter 11 bankruptcy, the owner said.

Lawyers expect Delaware bankruptcy filings to rise (The News Journal)
With energy prices moving higher and interest rates on the rise, more U.S. corporations likely will be filing for bankruptcy -- and that’s good news for Delaware’s economy.

Link between gambling, bankruptcy elusive, but some bet connection exists (Post-Tribune)
Ten years after the first gambling boat set sail in Indiana, bankruptcy remains the tin can tied to casino gambling. Indiana led the nation in the number of personal bankruptcies filed in 2005, with 11 for every 1,000 people filing.

Progress or politics?; Park ordinance pits city government against some developers, builders (Laredo Morning Times)
Several lines of tension have already emerged in the writing of a city ordinance that would build sorely needed parks and outdoor facilities in fast-growing Laredo.At recent meetings of the new Parkland Dedication Ordinance subcommittee, some developers and builders have said the land and money they would be required to contribute would negatively impact the Laredo housing market.

Understanding the Alternatives to Bankruptcy (KCBD-TV)
With the 2005 bank ruptcy reform laws requiring that consumers obtain debt counseling services prior to filing for bankruptcy relief, a recent crackdown on credit counseling agencies could complicate matters.

GM's Wagoner builds confidence in road to recovery (TODAYonline)
With losses at General Motors Corp mounting, US sales and market share plunging and other storm clouds raising the specter of bankruptcy, many have questioned the leadership of chief executive and chairman Rick Wagoner, pictured February 2006.

Manhattan Real Estate Prices Continue To Soar (NY1 News)
The housing bubble may be deflating in the rest of the country, but the New York City real estate market is hotter than ever.

America Channel Gets Day In Bankruptcy Court (Broadcasting and Cable)
A New York bankruptcy court has scheduled a hearing for June 19 on The America Channel's (TAC) attempt to file an antitrust suit against Time Warner and Comcast.

Cashing in on Home Improvements (WKYT 27 NEWSFIRST & WYMT Mountain News)
(ARA) - Depending on who you listen to, the burst of the housing bubble is either imminent or somewhere down the road. But all financial and real estate experts agree that it is inevitable.

Hooray for Bankruptcy! (New York Times)
The guilt wasn't as bad as I thought it would be.

As foreclosures ravage our state, be aware so you don't lose, too (The Fort Collins Coloradoan)
Foreclosures are a growing concern, plaguing more families in Northern Colorado.

Monday, Jun 12, 2006 (Knight-Ridder Washington Bureau)
BEIJING - A real estate frenzy grips China's urban areas, and one recent day saleswoman Xu Shuang faced an unruly throng when units at her luxury housing project went on the block.

Mortgage Foreclosures Climb 38% (Sun-Sentinel)
Increase Higher Than In Any 2005 Quarter, And Trend Could Soon Worsen Foreclosures on home mortgages are on the way up.

Debts, job loss driving uptick in mortgage foreclosures (Seattle Times)
Foreclosures on home mortgages are on the way up. Nationally, foreclosures are up 38 percent, higher than in any quarter of last year, property...

Toll CEO: Overbuilt housing market catching its breath (Market Watch)
BOSTON (MarketWatch) -- The slowdown in the housing market is being driven by growing inventories of homes from overbuilding and by speculators leaving the market, Toll Brothers Inc. Chief Executive Robert Toll said Thursday.

12% of Recently Foreclosed Properties in Southern California were Condos, According to Default Research (Multi-Housing News)
JUNE 09, 2006 -- Mount Pleasant, Pa. -- The number of foreclosures escalated 29.09 percent throughout Southern California this year, according to a real estate research company that specializes in foreclosure properties.

Misfortune blamed for spike in foreclosures (The Norman Transcript)
Nationally, foreclosures are up...

How to deal with fluctuating mortgage rates - A 10 On Your Side report. (WAVY 10)
Here's a 10 On Your Side consumer alert. The Federal Government has just announced an interest rate hike. Whenever you hear interest rates are going up, many start thinking about the housing market.

Bankruptcy cases plunge (Daily Record)
At least in its early life, the new bankruptcy law has achieved its backers' goal of discouraging new cases -- but in a way nobody anticipated.

Foreclosures rising with debt, job losses (Houston Chronicle)
Foreclosures on home mortgages are on the way up. Nationally, foreclosures are up 38 percent, higher than in any quarter of last year, property tracker RealtyTrac said.

Foreclosures up, expected to worsen (Honolulu Advertiser)
CHICAGO — Foreclosures on home mortgages are on the way up.

May housing sales strong for market (Nashville City Paper)
Despite slowing national housing sales, May saw an uptick in Nashville’s residential market, showing 3,753 home sales closings. This represents a 4.2 percent increase over May 2005’s 3,600 figure.

GM's Wagoner builds confidence in road to recovery (AFP via Yahoo! News)
With losses at General Motors Corp mounting, US sales and market share plunging and other storm clouds raising the specter of bankruptcy, many have questioned the leadership of chief executive and chairman Rick Wagoner.

I want my bubble back! (The Motley Fool)
The housing spin There's nothing funnier or more satisfying (for me, at least) than watching the National Association of Realtors (NAR) change its tune these days.

Foreclosures climbing on hard times (Times Leader)
CHICAGO — Foreclosures on home mortgages are on the way up, and the growth rate is faster in Pennsylvania than in the nation as a whole.

Show and sell (St. Petersburg Times)
Welcome to the new world of "home staging," where homesellers learn that pastel paint, Doritos bags and bowling trophies don't sell houses.