Real estate blog entries tagged with foreclosures by San Diego Real Estate Voice authored by William Johnson (RE/MAX Associates)

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foreclosures: Foreclosures to take a Holiday Break.........no kidding! - 11/29/08 08:07 PM

From now until January 9th, Fannie Mae and Freddie Mac announced that they are suspending foreclosures, pending the full implementation of a streamlined loan modification program. Loan mods as they are known, is the process by which a homeowner can "workout" a mortgage that better suites their income and ability to … (32 comments)

foreclosures: Foreclosures Continue Rising in California and Florida and Not Just on High Risk Mortgages ! - 06/07/08 10:22 PM

Currently all across America , about 1 in 11 homeowners are now in trouble with their mortgage. A recent report from the Mortgage Bankers Association says that all told, 8.1% of all home loans are now either past due or in foreclosure. That represents over 4.8 million homeowners. That is not a very … (17 comments)

foreclosures: Making Sense and Sensibilities out of the Housing Markets - 04/16/08 05:03 PM

We have all seen the News Headlines and poll after poll of what people think. There was a new housing Poll conducted March 24th through April 3rd. The conclusions in that poll is not that much different from all the previous media headlines and stories that have been finding their way into our homes across … (52 comments)

foreclosures: Will The Mortgage Defaults Create New Rental Demands - 08/30/07 04:12 AM

With Mounting foreclosures taking place around the US, the amazed borrowers need housing and their only recourse is to look to the rental market.
Will the increase demand be big enough to cause new shortages in available rental properties.
Will we see rents increasing in the already near full capacity rental markets in … (14 comments)

foreclosures: California Advocacy Groups Call for Moratorium on Foreclosures.... - 08/22/07 05:10 PM

Consumer advocates meeting with the California Senate Banking committee this week are asking for a moratorium on all home foreclosures in the state. They warned that California is facing a tidal wave of foreclosures over the next year and that California is ground zero for problem nationwide.
They reiterated that more than … (5 comments)

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