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The Face of Forclosure (The Columbian)
Jennifer and Mathew Murphy are about to lose their Vancouver home. Lamont Shaindlin lost his in April. In an east Vancouver subdivision, one out of every nine houses has entered foreclosure since the...

When lenders need menders (San Diego Union-Tribune)
When the housing slump cost him his job as a home-building executive, Jay Kerr turned to the burgeoning foreclosure market to jump-start his stalled career. The former San Diego division president of Centex Homes has made a place for himself in an expanding niche: repairing damaged foreclosure homes for the lenders who have reclaimed them.

Home sales up first since '05 (The Santa Rosa Press Democrat)
In a sign Sonoma County's unsettled housing market may be slowly starting to stabilize, home sales rose in April for the first annual increase in more than two years.But analysts warned it was much too soon to declare an end to the region's housing slump.

Builders? troubles continue (Indianapolis Business Journal)
A depression in the home-building market has claimed a Fishers builder and continues to hammer locally based Davis Homes LLC?a powerhouse for years that now is facing foreclosure on about 80 home sites.

Foreclosure rate rises (Goshen News)
With local manufacturing companies laying off workers and the cost of gasoline reaching almost $4 a gallon, many families have found it difficult to make ends meet.

Foreclosure Activity Increases 4 Percent in April According to RealtyTrac(R) ...
RealtyTrac® , the leading online marketplace for foreclosure properties, today released its April 2008 U.S. Foreclosure Market Report, which shows foreclosure filings -- default notices, auction sale notices and bank repossessions -- were reported on 243,353 properties, a 4 percent increase from the previous month and a nearly 65 percent increase from April 2007.

Some REOs are no deal for anxious homebuyers (Belleville News-Democrat)
Renters Julie Herning and her husband Oliver have been trying to buy a home near San Jose's Japantown since February. With a slow housing market, and with enough money for a healthy down payment, they figured they finally had a shot at owning a piece of property.

Home foreclosures up 65 percent from last year (KSEE 24 Fresno)
In April there were 243,353 homes nationwide facing foreclosure. This number has increased 65 percent from the same time last year. California ranks second in the nation for foreclosures and there are more than 13,000 foreclosed homes just in Fresno County.

Foreclosures Climb 65% as Loan Workouts Fall Short (Update3) (Bloomberg.com)
May 14 (Bloomberg) -- U.S. foreclosure filings climbed 65 percent and bank seizures more than doubled in April from a year earlier as mortgage industry efforts to modify loans fell short.

Lee County's subprime holes may deepen (The News-Press)
For every 1,000 homes in Lee County, 62 are financed with the shakiest of loans.