Market Updates
November 16th, 2011
More sellers who are tired of their home lingering on the market or don’t want to have to take a loss on their home are opting to become landlords instead. For example, according to an article...Read More »
More sellers who are tired of their home lingering on the market or don’t want to have to take a loss on their home are opting to become landlords instead. For example, according to an article...Read More »
November 15th, 2011
Traditionally, the time from Thanksgiving to New Year’s Day can be some of the slowest time of the year for home buying due to the holidays and the often less-than-perfect weather. But that doesn’t mean sellers...Read More »
Traditionally, the time from Thanksgiving to New Year’s Day can be some of the slowest time of the year for home buying due to the holidays and the often less-than-perfect weather. But that doesn’t mean sellers...Read More »
November 15th, 2011
For the second time this year, the 30-year fixed-rate mortgage dropped below 4 percent and continues to hover around record lows, Freddie Mac reported in its weekly mortgage market survey. Yet overall, “fixed mortgage rates were...Read More »
For the second time this year, the 30-year fixed-rate mortgage dropped below 4 percent and continues to hover around record lows, Freddie Mac reported in its weekly mortgage market survey. Yet overall, “fixed mortgage rates were...Read More »
November 15th, 2011
In another sign foreclosure activity is ramping up, foreclosure filings rose nationwide in October compared to the month before, according to the latest report from foreclosure data site RealtyTrac. One in every 563 housing units, or...Read More »
In another sign foreclosure activity is ramping up, foreclosure filings rose nationwide in October compared to the month before, according to the latest report from foreclosure data site RealtyTrac. One in every 563 housing units, or...Read More »
November 11th, 2011
More borrowers are taking advantage of record low interest rates. Mortgage applications increased 10.3 percent last week over a week earlier, the Mortgage Bankers Association reported. The purchase index, a gauge of future home buying, increased...Read More »
More borrowers are taking advantage of record low interest rates. Mortgage applications increased 10.3 percent last week over a week earlier, the Mortgage Bankers Association reported. The purchase index, a gauge of future home buying, increased...Read More »
November 11th, 2011
Nearly seven out of 10 American — seven more so for the millennial younger generation — say that candidates’ positions on housings will be very important to them in the 2012 presidential and congressional elections, according...Read More »
Nearly seven out of 10 American — seven more so for the millennial younger generation — say that candidates’ positions on housings will be very important to them in the 2012 presidential and congressional elections, according...Read More »
November 11th, 2011
In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. The incentive runs until October...Read More »
In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. The incentive runs until October...Read More »
November 10th, 2011
Does paying cash for a home net the buyer a discount as it might for other transactions? The answer: “It depends.” If the seller is in a big-time crunch, an all-cash deal can expedite the sale....Read More »
Does paying cash for a home net the buyer a discount as it might for other transactions? The answer: “It depends.” If the seller is in a big-time crunch, an all-cash deal can expedite the sale....Read More »
November 10th, 2011
In the third quarter, the number of U.S. home owners who owe more than their homes are currently worth continued to rise, according to new housing data by Zillow Inc. Borrowers with negative equity on their...Read More »
In the third quarter, the number of U.S. home owners who owe more than their homes are currently worth continued to rise, according to new housing data by Zillow Inc. Borrowers with negative equity on their...Read More »
November 10th, 2011
“My application to refinance my $200,000 loan was recently turned down … do I have any recourse?” If by recourse you mean a third party of some standing who will direct the lender to make the...Read More »
“My application to refinance my $200,000 loan was recently turned down … do I have any recourse?” If by recourse you mean a third party of some standing who will direct the lender to make the...Read More »
November 9th, 2011
In half of the states in the country, it will take more than eight years to clear out huge backlogs of foreclosures at the current pace, new research from LPS Applied Analytics shows. Where foreclosures must...Read More »
In half of the states in the country, it will take more than eight years to clear out huge backlogs of foreclosures at the current pace, new research from LPS Applied Analytics shows. Where foreclosures must...Read More »
November 9th, 2011
Twenty-seven percent of Americans say they plan to buy a home in the future (with most saying in two or more years), and only two percent say they plan to purchase a home in the next...Read More »
Twenty-seven percent of Americans say they plan to buy a home in the future (with most saying in two or more years), and only two percent say they plan to purchase a home in the next...Read More »
December 3rd, 2010
Housing prices will likely decline through the middle of 2011, Moody’s Analytics reported Tuesday, because of the rising number of bank-owned homes. Moody’s believes bank-owned homes will peak in 2011 at 971,000, up 16 percent compared...Read More »
Housing prices will likely decline through the middle of 2011, Moody’s Analytics reported Tuesday, because of the rising number of bank-owned homes. Moody’s believes bank-owned homes will peak in 2011 at 971,000, up 16 percent compared...Read More »
December 2nd, 2010
Understanding the tenets of title insurance is especially important considering the turmoil in the real estate industry. Title insurance is intended to protect the insured from improper titling, including defects in foreclosure proceedings, forgery, or impersonation...Read More »
Understanding the tenets of title insurance is especially important considering the turmoil in the real estate industry. Title insurance is intended to protect the insured from improper titling, including defects in foreclosure proceedings, forgery, or impersonation...Read More »
December 2nd, 2010
Carrying a mortgage for a family member can be a good investment, but it can also be tricky. Here are a few things to consider. The lender must be comfortable with the deal. While a 30-year...Read More »
Carrying a mortgage for a family member can be a good investment, but it can also be tricky. Here are a few things to consider. The lender must be comfortable with the deal. While a 30-year...Read More »
December 1st, 2010
A North Carolina attorney has become a folk hero in the legal movement pushing for an end to unfair foreclosures. O. Max Gardner III, 65, has trained 559 lawyers in the last four years to use...Read More »
A North Carolina attorney has become a folk hero in the legal movement pushing for an end to unfair foreclosures. O. Max Gardner III, 65, has trained 559 lawyers in the last four years to use...Read More »
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