Gevon Polgar's (gpolgar) Blog

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Real Estate Agent - The Polgar Group | Go2Realty Pros - 01875675

ARCHIVED BLOG POSTS

2012 

Realtor.com recently released its picks for top investment markets, based on February 2012 data of 146 markets on housing inventories, price trends, and unemployment rates. The following are the six housing markets that came out on top as best investments: 1. Tucson, Ariz. Median list price: $170...
03/27/2012
Bank of America announced this week that it will make an offer to a select group of its borrowers who face foreclosure: You can stay in the property, but you’ll have to rent it instead. The bank’s pilot program, known as Mortgage to Lease, will launch in New York, Nevada, and Arizona, and be offe...
03/23/2012
Mortgage rates moved up quite a bit this week, following higher bond yields and improving economic data, Freddie Mac reports in its weekly mortgage market survey. "Mortgage rates are catching up with increases in U.S. Treasury bond yields, placing the average 30-year fixed mortgage rate above 4 p...
03/23/2012
“Prices are bottoming now,” according to a Bank of America Merrill Lynch forecast, released this week. In the fall, the analysts had predicted home prices would drop by 8 percent from the second quarter of 2011 through the first quarter of 2013 — but now they’re revising that forecast, realizing ...
03/23/2012
The number of real estate professionals who say home prices will rise in the next six months has more than doubled in one quarter, according to a new survey by HomeGain. Indeed, 37 percent of those surveyed in 2012 by HomeGain say prices will rise in the next six months--compared to 15 percent wh...
03/22/2012
Home buying is the smarter choice than renting, according to Trulia’s Winter 2012 Rent vs. Buy Index. Buying a home is more affordable than renting in 98 of the nation’s 100 largest metro areas, according to the index, which tracks asking prices for rental units compared to for-sale homes in majo...
03/22/2012
New builders are are on a building frenzy in my local neighborhood. Standard Pacific just launched their new site here in Mountain House . If you are interested in New homes in Mountain House, Tracy, Livermore or Lathrop drop me a line! After a surge last month, housing starts dropped in February...
03/21/2012
Economists say the housing market is starting to heal, but too many people aren't aware of it because they're judging a housing recovery on the wrong sign: What’s happening with home prices. Paul Dales at Capital Economics says higher prices won’t be the sign that the housing market is on the men...
03/21/2012
A number of housing markets nationwide have been seeing modest increases in median list prices. In the last year alone, median national list prices ticked up 6.82 percent year over year in February, according to Realtor.com data of 146 metro markets. And a number of markets have seen increases in...
03/21/2012
As part of a settlement with state attorneys general, the five largest mortgage servicers are adopting new requirements for short sales, which is expected to speed-up what has been known as a lengthy process. Here are some of the new requirements for servicers under the settlement: Servicers must...
03/16/2012
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Gevon Polgar

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