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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2012 

On September 21, 2012, Jon Prior of www.housingwire.com reported that big Wall Street investors raised between $6 to $8 billion to acquire up to 80,000 previously foreclosed REO homes, according to investment bank Keefe, Bruyette & Woods (KBW).  CoreLogic estimates 1.5 million homes still in fore...
09/28/2012
On September 17, 2012, California Association of Realtors (C.A.R) reported that home sales in California declined 3.4% from July of 2012, but were higher 2.3% from August 2011. There were 3.2 months supply of available inventory homes in August 2012, lower than 3.5 months supply in July of 2012, ...
09/25/2012
On September 13, 2012, The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the August edition of the Obama Administration’s Housing Scorecard on the nation’s housing market. The housing scorecard data shows signs of improvement on mortgage d...
09/20/2012
On September 13, 2012, after 2,006 blogs posts, 10,474 comments left, 1857 comments received, and 4 called shots, I passed 700,000 points milestone.   I am # 1 in my area,                      # 4 in the County,                         #16 in the State, I want to thank Active Rain community for h...
09/14/2012
On August 23, 2012, Federal Housing Finance Agency (FHFA) announced that house prices increased 1.8% in the 2nd quarter of 2012, from the 1st quarter of 2012. The seasonally adjusted purchase only House Price Index (HPI) is calculated using home sales price information from Fannie Mae and Freddie...
09/08/2012
Every year, we celebrate Labor Day on the first Monday of September, many of us travel, we visit and enjoy Labor Day weekend with family and friends. I want to share few Labor Day Weekend quotes with you. Man is so made that he can only find relaxation from one kind of labor by taking up another....
09/03/2012
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