Home appraisals are often the most stressful part of any home sale. You never know if your home is worth what you’re hoping to get for it. You never know...
Duck! Your bank is falling! A few years ago, that would have sounded as absurd as “The sky is falling!” But that was a few years ago and we live...
How long do you think it’ll be until demand for homes outstrips supply? Half a year? 1 year? If your friends have been telling you the recession is over, tell...
The evidence so far clearly shows that the surge in home sales in the first 2 quarters was completely due to the tax credit. So the slow down over the...
Have you heard of the Housing Opportunity Index? It was developed by the National Association of Home Builders and Wells Fargo to measure how affordable housing is around the country....
Two quarters in a row the number of homeowners classified as “underwater” has declined. That means that “only” 11 million homeowners owe more than their homes are worth. (In case...
It seems some numbers are up while some numbers are down. That seems to be the norm in this crazy economy. If you look at things one way the glass...
Woah, harsh news being reported by the NAR. I know it’s hard to be the bearer of bad news, but I’m pretty sure we all want to take out our...
You know the government loves to dish out “I told you so” like it’s all they know how to say. You find a single company stepping out of line and...
Delinquency rates have fallen again for the second straight quarter. That means the number of people more than 60 days behind on their mortgage payments is less than it was...
Two quarters in a row the number of homeowners classified as “underwater” has declined. That means that “only” 11 million homeowners owe more than their homes are worth. (In case you were wondering, that’s 23% of ALL residential properties with mortgages.) So how did this happen? Did home prices go up? Did more people pay...
It seems some numbers are up while some numbers are down. That seems to be the norm in this crazy economy. If you look at things one way the glass seems half full. But looked at another way, you can see the glass is half empty. So which is it? Take the latest July numbers...
Trepp LLC has reported that the number of loan mods for commercial RE has gone up a lot this year. 2010 has more modifications so far than 2008 and 2009 combined. And we’re only half way through! This may turn out to be a semi-permanent solution to the foreclosure issue facing businesses, or it may...
According to Altos Research, home prices will start 2011 at lower levels than they started 2009. Yeah, they’re pretty pessimistic over at Altos. You’d think out in California they’d be a little more relaxed. They, like oh, most of us, have heard about the “shadow” inventory that’s just looming in the background. Well, they predict...
HUD’s now selling homes at discounted prices! Let’s cash in on the excitement now! Oh, wait a minute, they’re only selling at a discount to the government and NPOs! So far the program is only temporary, but this homes will be marketed to qualified NSP grantees before being put on the regular market. And at...
Now why doesn’t Bank of America negotiate this easily when it comes to money they’re owed? Have you heard the latest news? Of course not because I haven’t told it to you yet. But here’s what’s happened. BofA agreed to pay over $100 million back to borrowers. This is money that, according to an FTC...
Listen to the LIVE PHONE CALL we did with Anton Rose. He won $1,000 Cash from attending the Commercial Foreclosure Gold Rush webinar with D.C. Fawcett and Karen Hanover. Make SURE you are on our list at http://www.ShortSaleology.com and YOU could be our next...
Two new studies that are beyond obvious and probably a waste of time, just came out. They say that record numbers of home owners are walking out on their mortgages even though they can still make payments. I just have one word for this: DUH! Yep, seems that confidence in a rise in home values...
What are we going to call the “economic downturn that we’re in? Is it serious enough to be called a second “Great Depression”? Is it just a bump in the road that doesn’t need a name? Comment below to give in your suggestion. Some people are calling it the “Great Recession.” I guess that might...
Is your city safe from the housing crunch? I’ve picked up some killer info from the latest news sources. You may not believe it, but some cities totally missed the housing crisis. That’s right, solid gains and sale volumes straight through the market crunch. And till now, no one thought it was possible. The Federal...
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