Housing Prices on Track to Stabilize in 2012
Posted on Aug 11, 2011 by Steve Cook in Real Estate News
Will the latest stock market crash, the shaky economy, the debt ceiling fiasco, the mess in Europe and soft housing markets demand result in a triple dip in home prices across the nation this year? Get ready, warns the chief economist for Fiserv. Even though the average U.S. home is now only 5 percent more...
Hollywood Hills Real Estate Brokers Update Potential Buyers Through…
Posted on May 16, 2011 by Pauline Webster in Real Estate News
Hollywood Hills real estate brokers Laura Hall and Blaise Bryant have begun an opt-in mailing list for buyers interested in residential property in the communities of Los Angeles and Orange Counties. The Hollywood Hills Real Estate Market Update Reports are emailed regularly with the latest market information as well as tips on buying or selling...
MyReviewsNow Helps Buyers Find Foreclosed Homes Through Realty Trac
Posted on May 16, 2011 by Pauline Webster in Real Estate News
MyReviewsNow is excited to announce their affiliation with Realty Trac. This company can connect interested buyers with short sales or foreclosures, which can make home ownership a reality for these buyers. Foreclosed homes usually sell for 25 percent to 50 percent less than their market value, and this means getting a better home for less...
Prices Turn Back the Clock to 2004
Posted on Apr 22, 2011 by Steve Cook in Real Estate News
House prices fell 1.6 percent in January, retreating to levels of seven years ago, before the housing boom began. The Federal Housing Finance Agency’s House Price Index is February prices are 18.6 percent below its April 2007 peak and down 5.7 percent from a year ago. The FHFA monthly index is calculated using purchase prices...
Investors With Cash Buying Up Short Sale and REO Properties
Posted on Mar 22, 2011 by Steve Cook in Real Estate News
Investor activity dominated a sluggish distress sale market in February as homebuyers are increasingly frustrated by difficulties getting financing, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. For many homebuyers, mortgage financing is becoming an increasing obstacle. This was highlighted in the latest HousingPulse tracking survey as cash transactions set a new record,...
Availability Grows in the Luxury Homes Market
Posted on Mar 15, 2011 by Steve Cook in Real Estate News
Inventories of homes for sale for over one million rose above 30,000 nationally last week according to the Institute for Luxury Home Marketing’s weekly housing report. Average days on market for higher end homes has slowly risen since the summer to each 165 days last week, still far below the national average of 292 days on market...
Foreclosures Nosedive to Lowest Level in 3 Years
Posted on Mar 14, 2011 by Steve Cook in Real Estate News
Foreclosures hit their lowest level in three years in February, in part because of the continuing confusion and disruption caused by the Robogate scandal last fall and in part because delinquencies have fallen steadily for a year as the economy slowly recovers. RealtyTrac reported a 14 percent decrease in foreclosure filings from January and a...
Delinquency Rates Dip Down Again in 4th Quarter 2010
Posted on Feb 24, 2011 by Steve Cook in Real Estate News
Delinquency rates (on mortgages 30 or more days past due, but not in foreclosure) have been the brightest light in the gloomy foreclosure picture over the past year. Two new reports confirm that delinquencies are falling to pre-recession levels, a sign that the economy is steadily improving and the end of the foreclosure plague may...
Top Ideas for Home Remodeling Projects in 2011
Posted on Feb 24, 2011 by Gillian Luce in Design, Real Estate News
The National Association of the Remodeling Industry (NARI) polled their top builders and developers and found that while most people are not starting major renovation projects due to the economy, now is the time to take care of the smaller jobs around your home. If you’re thinking about a few home remodeling projects of your...
