Real Estate Auctions St Louis, Paul Roesch Auctioneer Top 1%

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Real Estate Agent - Palatium Auction and Appraisal Service, Real Estate Auctions, Estate, Moving, Downsizing Auctions 618-233-1000 USPAP Appraisals - proesch@ptauctions.net

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2010 

Las Vegas is one of the foreclosure capitals of the U.S., with about one in four households behind on house payments or in mortgage foreclosure. Yet all three of these shoppers—a professional real-estate investor, a county official with federal funds designated for stabilizing neighborhoods and a...
02/28/2010
Small-business owners who rely on their company's credit card to purchase big-ticket items or finance day-to-day operations won't see any benefits from this month's federal credit-card reform—unless they put those expenses on a personal card.The new law, which was passed last May and becomes effe...
02/28/2010
The default rate on commercial real estate mortgages held by U.S. banks closed out 2009 more than double what it was a year earlier. Real Capital Analytics reportedTuesday that the default rate on loans made for office, retail, hotel, and industrial spaces shot up to 3.8 percent in the fourth qua...
02/27/2010
The Obama administration’s Home Affordable Refinance Program (HARP) is set to expire on June 10. It’s a central component of the federal government’s foreclosureprevention efforts and is currently one of the only mortgage relief programs to help underwater borrowers refinance into more affordable...
02/27/2010
Reversing a long historic trend, mortgage default risk for consumers with high FICO scores now exceeds their credit card default risk, Minneapolis-based FICO recently reported. The provider of analytics and decision management technology said it uncovered this disturbing trend through observation...
02/27/2010
Sales of new single-family homes plunged last month, underscoring the fragility in the housing market.Sales dropped 11.2% in January from a month earlier to a seasonally adjusted annual rate of 309,000, the Commerce Department said Wednesday. The decline brought sales to their lowest level since ...
02/24/2010
Negative equity continues to diminish the severity of foreclosure for many homeowners. Numerous industry studies show that borrowers become more likely to defaulton their mortgage or simply walk away from the debt obligation when they owe more on the home than it is worth. Despite that home value...
02/24/2010
According to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions, short sales accounted for a substantial 15.9 percent of home purchase transactions in January. This was well above the share of other distressed property activity – with damaged REO accountin...
02/23/2010
Credit to Ann Hayden Prudential SelectChesterfield Missouri January 2010 Market Update Chesterfield Missouri had a very nice January 2010.  21 residential houses sold in January.  The average list price was $378,460 Average sale price of $358,090  or 94.62% of list 110 days on market Of the 21 ho...
02/22/2010
Nationwide housing production hit its strongest pace in the last six months this January, posting a 2.8% gain to a seasonally adjusted annual rate of 591,000 units, according to figures recently released by the U.S. Commerce Department.“Builders are starting to see the positive impacts of home bu...
02/22/2010
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Paul Roesch CDPE 618-233-1000

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