foreclosures: Is Housing Recovery Real? Not Everyone is Convinced
- 08/17/12 01:51 AM
Housing, the sector that led us into the recession, now looks to be one of the brighter spots in the economy. Homebuilding is at its highest level in nearly four years. More homes are selling, and at higher prices.
The question is whether this is a solid-enough foundation to sustain a full housing recovery. Lawrence Yun, chief economist for the National Association of REALTORS®, says housing woes are largely behind us. "It's been a harsh downturn, but the downturn is over," he says. "Now we're beginning to turn the corner. [The] question is: How fast will we be turning … (1 comments)
foreclosures: Median Price for Existing Home at Highest Level Since 2008
- 08/03/12 03:12 AM
The median price of an existing single family home rose in June to the highest level in almost four years, the fifth straight month-to-month gain, NAR reported recently. The median price was up 7.9 percent from June 2011. Existing home sales dropped to 4.37 million in June to the lowest level since last October, NAR said. It was the fourth drop in the last five months. Economists had expected the sales pace to increase to 4.65 million from 4.62 million in May.
Distressed homes accounted for 25% of all June sales, unchanged from May but 30% below June 2011 … (3 comments)
foreclosures: Foreclosure Starts Up for First Time Since 2009
- 07/27/12 03:15 AM
In the first half of this year, over 1 million U.S. properties received a foreclosure filing, according to a midyear foreclosure report released by RealtyTrac. The exact figure, 1,045,801, marks a 2 percent increase from the previous 6-month period and an 11 percent decrease from the first half of 2011. Foreclosure filings include default notices, auction sale notices and bank repossessions. Second quarter foreclosure starts totaled 311,010 -- a 9 percent increase from the previous quarter and a 6 percent increase from a year ago. The increase is the first yearly rise in quarterly foreclosure starts since the fourth quarter … (0 comments)
foreclosures: Foreclosure Starts Up for First Time Since 2009: RealtyTrac
- 07/18/12 05:36 AM
In the first half of this year, over 1 million U.S. properties received a foreclosure filing, according to a midyear foreclosure report released by RealtyTrac. The exact figure, 1,045,801, marks a 2 percent increase from the previous 6-month period and an 11 percent decrease from the first half of 2011. Foreclosure filings include default notices, auction sale notices and bank repossessions. Second quarter foreclosure starts totaled 311,010 -- a 9 percent increase from the previous quarter and a 6 percent increase from a year ago. The increase is the first yearly rise in quarterly foreclosure starts since the fourth quarter … (0 comments)
foreclosures: MLS Search / Real Estate Hudson WI / North Hudson WI
- 04/25/12 02:47 PM
Are you or someone you know looking to buy a home? Please feel free to visit my website for Real Estate in Hudson WI: http://www.JeremyCudd.com orhttp://www.PropertyExecutivesRealty.com to search the entire MLS including every home listed on the market including foreclosures. Once you login in, you can save your search and request to be set up on an auto email which will send you one email everyday with new listings and price changes within your search criteria. This will save you a lot of time and frustration as you won't have to search every website to see homes for sale in Hudson, WI and the … (1 comments)
foreclosures: Foreclosures and It's Impact on Sellers
- 03/27/12 07:18 AM
If anything is certain about the foreclosure crisis, it's that it isn't over. That fact has important implications, not only for people losing their homes, but also for those planning to sell or buy a home this year. As of January, about 3 million properties were in foreclosure, headed that way or already owned by banks, according to CoreLogic, an information, analytics and business services company in Santa Ana, Calif. Approximately 1.6 million of those homes were believed to be within the so-called shadow inventory, a supply of foreclosure properties not yet listed for sale. It's a major stumbling block to a … (1 comments)
foreclosures: The Foreclosure Process: Lenders Are Increasingly Likely to Allow Defaulting Owners to Remain In Their Homes
- 03/05/12 01:23 AM
The average time it takes to complete a foreclosure has nearly tripled nationwide, from four months in 2007 to about a year at the end of 2011, according to RealtyTrac, with the slowdown most evident in some of the hardest-hit states, including California, Florida and Illinois. As a result, the relationship between many borrowers and lenders is softening from outright animosity to something that more resembles a détente. For more information and to read the article in it's entirety click below: http://www.msnbc.msn.com/id/46620674/ns/business-us_business/ … (0 comments)
foreclosures: Real Estate Apps
- 03/01/12 12:10 AM
Did you know that REALTOR.com® is the most visited real estate website in the nation? Consumers rely on Realtor.com because they pull direct feeds from over 933 MLSs and update the data every 15 minutes (according to the article). This data includes Northstar MLS which provides Multipal Listing Service to the Hudson / River Falls and Twin Cities area. Now that the world is going mobile, Realtor.com has made it easy for consumers to search for homes on the go. Zillow.com, another leading real estate website, also has a compreable mobile app. For more information on these apps go to: … (0 comments)
foreclosures: Short Sales
- 09/15/09 08:44 AM
Who is a canadate to sell their home in a short sale? Most home owners that are in a financial hardship and behind on payments are prime candidates. I will get the bank to take a loss on the property (which they will be happy to do), which allows the homeowner to sell it quickly. Short sales are a way of life for some Realtors now that the market is down a bit. There are more and more foreclosures in Western Wisconsin, and across the country, and the banks are dumping them for a quick sale. Even though these homes can be a good … (0 comments)
foreclosures: Short Sales
- 07/09/08 02:52 AM
Short Sales Who is a canadate to sell their home in a short sale? Most home owners that are in a financial hardship and behind on payments are prime candidates. I will get the bank to take a loss on the property (which they will be happy to do), which allows the homeowner to sell it quickly. Short sales are a way of life for some Realtors now that the market is down a bit. There are more and more foreclosures in Western Wisconsin, and across the country, and the banks are dumping them for a quick sale. Even though these homes can … (0 comments)
foreclosures: Short Sales
- 07/08/08 03:33 PM
Who is a canadate to sell their home in a short sale? Most home owners that are in a financial hardship and behind on payments are prime candidates. I will get the bank to take a loss on the property (which they will be happy to do), which allows the homeowner to sell it quickly. Short sales are a way of life for some Realtors now that the market is down a bit. There are more and more foreclosures in Western Wisconsin, and across the country, and the banks are dumping them for a quick sale. Even though these homes can be a good … (11 comments)
;)
;)
