Paul Nelson's (paulenelson) Blog

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Real Estate Agent - Homes Northwest

ARCHIVED BLOG POSTS

2011 

Servicers participating in the Home Affordable Foreclosure Alternatives program started another 2,089 short sales and deeds-in-lieu of foreclosure in March, according toTreasury Departmentdata. The Treasury launched HAFA in April 2010 to provide homeowners who fall out of the Home Affordable Mod...
05/23/2011
U.S. Housing Market is in a Double-Dip Recession The double-dip recession in U.S. housing that I warned about last year has finally come to pass. Last Thursday (May 5th) Clear Capital, a property valuation outsourcing firm, released a report declaring that the U.S. housing market has officially ...
05/17/2011
  The Mortgage Forgiveness Debt Relief Act of 2007 protects homeowners who have received a reduction of house debt from being penalized with additional taxes. Essentially, the Act excludes the reduced or cancelled debt from being counted as taxable income. According to IRS.gov, Uncle Sam makes e...
05/05/2011
Price Trends The median single family home price as of May 01 2011 for SEATTLE is $339,257. The Seattle housing market hit a new four-year low in the first quarter, according to the latest Standard & Poor’s/Chase Shiller Home Price Indices study. In the past year home prices in Seattle have fall...
05/04/2011
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