Today on the Ilyce Glink Show there was a lot of news to tackle. Consumer confidence, the number that shows how the public is feeling about the economy, rose to a nine-month high, even though gas prices are rising again. According to a new analysis by msnbc.com and the Investigative Reporting Workshop at American University, bad real estate loans (commercial, residential and industrial) continue to weigh down the recovery of the banking industry. Ilyce also discussed how what you search for online can make you a more likely victim of cyber-fraud. Foreclosures were up 18 percent in May from last year and California, Nevada, and Florida were the top 3 states in terms of the number of foreclosures. Ilyce also took questions from callers about property taxes and tax credits for first-time home buyers and energy efficiency. Check Ilyce’s blog for more show notes.
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