Interesting Housing News Links (May 02, 2009)

* Senate defeats anti-foreclosure proposal (Anne Flaherty, WRAL)

The Democratic-controlled Senate on Thursday defeated a plan to spare hundreds of thousands of homeowners from foreclosure through bankruptcy, a proposal that President Barack Obama embraced but did little to see through.

* BofA’s profit rise, but so do worries (Christina Rexrode, Statesville Record & Landmark)

Bank of America said Monday it made more money in the first quarter than it did in all of 2008, blowing away analysts’ predictions and the profits of every other bank so far. But even that couldn’t please investors, who believe that more bad news is on the horizon. The bank’s shares fell through the day, plunging 24 percent.

* Families looking to sell home quickly doubles (Chris Irvine, The Daily Telegraph)

New figures show a jump in the number of homeowners looking for a quick sale on houses worth �500,000 or more.

* Chancellor expected to help boost supply of mortgage funds in Budget (Myra Butterworth, The Daily Telegraph)

Alistair Darling will announce in the Budget this week that the Government will underwrite billions of pounds worth of new mortgage-backed assets.

* Census numbers add up to some good news for KC (Yael T. Abouhalkah, Kansas City Star)

Some of the latest Census Bureau figures are surprising — and positive.After sifting through the information, I’ve found a few highlights when it comes to the future of this region.•Kansas City’s core isn’t as diminished as once thought.The city south of the river had 440,000 people in 1970, but that number has been falling for many years. By t…

* Value Meal (Will Coviello, Gambit Weekly)

Potluck , a collection of short works by local playwrights staged at Marigny Theatre over Easter weekend, included some leftovers. Many pieces had been performed somewhere in the city during the previous year. But most of the work was quite satisfying and proves many local writers are cooking up good ideas. Goat in the Road Productions’ Whatever Just Happened, Didn’t Happen… was a cleverly ab…


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