Recensie: Sunny Day Real Estate - Diary
2009-10-29 10:57:00 Onlangs werd ik gevraagd door de Oor om mijn top tien van dit decennium aan te leveren. Mijn hemel, wat een klotenopdracht. Ten eerste omdat het deels allemaal nog zo vers in mijn geheugen ligt en ten tweede omdat ik...
Plano Real Estate Update: Windhaven and Castlemere
2009-10-28 18:41:00 Real Estate Update for Windhaven & Castlemere Activity is very good in both neighborhoods, take a look at the absorption rate under inventory analysis. This is a very good indicator of how fast your home will sell. It takes the total sales units and divides by the total inventory for a year. You see there is only a two month supply of homes for the absorption rate. A normal inventory is 4-5 months. Also take a look at the median sales price - there is a 11% increase from last year. Median Days on market is around 30 days. Of course, this depends on the location, condition and pricing of the home. This is an example of two neighborhoods that are doing well. [where:75093, Real Estate Update, Windhaven, Castlemere]
By: Plano Blog
Willow Bend Real Estate Results
2009-10-26 22:42:00 Willow Bend Real Estate thru Mid Oct. 2009 Even though the market is tougher, sales have picked up from prior 4-6 months. 23 sales units is greater and inventory is larger, around 89 homes are active. Prices are holding somewhat too but that is because steep reductions have already been taken and the final sales price is around 96.5% of list. Lately there is more activity in the high end market with homes going under contract but most I see have a large down payment and keep the loan amount under the jumbo limit of 417K. Interesting... [where:75093, Plano Real Estate, Willow Bend Update]
By: Plano Blog
Pullman, bottom-out in this week's Chicago real estate news
2009-10-23 20:57:00 Here's a round up of this week's Chicago real estate news -Three thousand new homes and a new hotel were proposed in the Pullman neighborhood. According to Crain's, the non-profit arm of a local banker is proposing a new home site at 720 E. 111th, pending zoning approval. -Housing prices should hit rock bottom in March 2010 and start bouncing back up Bloomberg News reports that prices will drop 37 percent from their peak total, and after winter is over we will start to see some more action on the home-buying front. - Messages from Montie says Urban Equities saved her from Chicago real estate nightmares: Fellow ChicagoNow-er says she's been through bad real estate, but this landlord doesn't have that...
How Urban Equities saved me from Chicago real estate nightmares
2009-10-22 22:37:00 Me sitting on the front porch of my Missouri apartment in 2002 I've lived in three states within the past decade during my university years. I've gone from dorms to off-campus apartments to the south side of Chicago to the north side of Chicago, and I've had my fair share of real estate company tales. In Missouri, my real estate company was okay, but they wanted to charge me for utility issues that had nothing to do with me and everything to do with the building being old. But the rent in Jefferson City, Missouri (Lincoln University is my alma mater) was $225 for a one-bedroom apartment in a beautiful neighborhood. No sane person is going to pass that up,...
Keep investment real estate cash flow positive.
2009-10-22 00:45:00 In a recession it's easy to see that buying for cash flow is the only way to go. In a hot market everyone banks on equity. Which can be a very tenuous thing.The most important thing is how much cash flow you are getting at different rates. We are seeing the lowest interest rates in history but when they rise how will your investment perform. Will it still cash flow at 6% interest? How about when vacancy rates increase and you get a drop in rents?This is called stress testing your property. Although many people see cash flow at one point only - today's rates and today's rents the income will fluctuate leading to some unfortunate surprises.What to do:1. Do your property's income and expense numbers at a range of rates and of rents2. Know the scenario your property will and won't cash flow3. Have a good reserve fund to cover the skinny times.You don't retire or get rich by owning property that takes money out of your pocket every month.
Collin County Real Estate - September Update
2009-10-21 21:37:00 Collin County Update Here's a look at Collin County results for September. The most positive thing about this is prices have fallen very little compared to other regions in the country. Still a buyers market, but inventory levels are down 21.1% from a year ago and with mortgage rates lower it presents a wonderful buying window right now. To be honest, I don't know how long the low rates will last because they have been low for so long...that will change. I don't have a crystal ball but timing is crucial. If you're ready to buy the timing is excellent. If you're ready to sell the inventories are low and this presents a good time to consider your options. [where:75093, Collin County, real estate update]
By: Plano Blog
West Plano Real Estate Update: September 2009
2009-10-16 17:00:00 Plano Real Estate Update by Neighborhood As you know there a lot of great neighborhoods in West Plano and today we'll look at Deefield, Whiffletree, Preston Meadows and Glen Meadows. There are so many conflicting reports and real estate is local, so neighborhood information is very valuable. That tells you how the market is. The charts below are from the MLS and although it goes back a year it's broken down by prior periods as noted. The best rule of thumb now is go with the last 3 months for a more accurate picture but it's good to see where we come from and if the market is better or worse... DEERFIELD - WHIFFLETREE As true in many West Plano neighborhoods inventory is down in Deerfield and Whiffletree. Sale price has drop but has been fluctuating, days on market is 74, less than 3 months, that will be a home in good condition, location and priced to sell. And they can sell quicker than this. PRESTON MEADOWS Sales ha...
By: Plano Blog
Plano Real Estate Update - September 2009
2009-10-12 22:40:00 Plano Real Estate Overall Results - September 2009 So, how did Plano Real Estate do this past month? The answer is better. For the month of September sales were down 10%, Dallas was down 8%, at least going toward single digit results. Price per sq ft. is $95. which is only down 1% from a year ago. You should be glad you live in Plano. Sold to list price is 97% which means properties that are priced correctly, that have come down in price are selling at this acceptable level. Days on market are 59 days, down 11% from last year. Pending sales are only down 4% and more properties are actually closing in less time. Normal escrows are back to a 30 day close, less or more depending on the lender. What Plano needs now is more inventory, new listings are at 314 which is down 10% from last year and active listings are 997, down 22% from last year, months inventory is at 4.3, which is low. On a year to date note, the average price in Plano stands at $261,312,...
By: Plano Blog
Yeah for Canadian Real Estate!
2009-10-08 03:58:00 Canadian real estate is on the road to recovery."On balance, given the recent unbelievable strength in the Canadian housing market, the modest downshift in sales in August should not be seen as anything other than a brief respite in what has been a remarkable recovery in the sector," said TD Securities economics strategist Millan Mulraine."Even so, we believe that Canadian housing market activity in the coming months will be relatively tepid as the sector consolidates the gains made since January." Read More
Edmonton Real Estate Market
2009-09-24 01:45:00 The market in Edmonton is finally balanced again. Although prices are a little lower, less than 1%, than what we saw in August last year."Although sales numbers cooled a bit after record sales in June and July, we are still experiencing the strength of the market in Edmonton," said Charlie Ponde, president of the Realtors Association of Edmonton.June and July saw sales rise 28% over the same period one year before; low interest rates and great deals were probably behind the jump in activity. Seasonality could be in effect as well were winter saw a near freeze. The market picked up in the warmer weather.Alberta's economy will make a comeback in 2010--strong enough to contribute to the national recovery, yet modest enough so that we don't see the problems associated with the break neck growth we saw in the mid 2000s.
Revealed: The state of the international real estate market in Belize
2009-09-22 03:59:00 One of the frustrating things about investing in real estate in Belize (or elsewhere in Central America for that matter) is the difficulty of getting hold of objective market data. There are no easily accessible central databases or comprehensive Multiple Listing Systems to research. Buyers are often left with information they receive from real ...
August 2009 Real Estate Statistics and Indicators Report
2009-09-21 17:07:00 Alright, the August 2009 Real Estate Market Report from John Burns Consulting is ready for ya… The country’s recession has made the real estate market very volatile and difficult but it has practically burned out the construction business. * Lending has become tougher so there are fewer spec houses built. * The demand for new homes has ...
Hosting Change on Phoenix Real Estate Guy
2009-09-20 02:18:00 I just flipped the big virtual switch. We’re now hosted with Rackspace Cloud. The name servers could take a day or so to propagate, so you could be served up from either Media Temple or Rackspace over the weekend. This could produce some wonkyness in regards to comments – if someone gets the MT version and comments, those that get the RS version won’t see them. And vice versa. It should all be sorted out very soon. If you see something broken completely, please let me know! You are currently on the new Rackspace server
Hills at Prestonwood and Indian Creek Real Estate Market Conditions
2009-09-19 18:28:00 Hills at Prestonwood - Indian Creek Real Estate Update These days you need to know the numbers before you buy or sell and it's good to take a look at the current trends by neighborhood. You can see the Hills at Prestonwood and Indian Creek sales are better than the spring season 9 vs 11. The median sales price has come down considerably due to the lower end market being much more active, under 500K due to scarcity of jumbo loan financing. 417K is the threshed before you jump into jumbo lending. The sale to list price is 94.68% which indicates some properties might be priced too high in the beginning because sellers are making concessions. As far as inventory goes almost 70% of the homes are selling within 90 days. You can bet the other 30% are high end properties over 600K. Pending properties has picked up (waiting to close). If you have an opening price point home, chances are you have a great chance of selling it within 30 days and it looks li...
By: Plano Blog
Obama, Bueller, condo associations in Chicago real estate news this week
2009-09-19 16:44:00 It's a bit of lifestyle of the rich and famous in this week's news round-up: 1. YOU can be Obama's next door neighbor if you can prove you can pay upwards of 1.5 million, explain why you want the house in the 5000 block of South Greenwood, and pass a secret security screening. No MLS listing for this one. 2. Cameron Frye's house might be torn down to create multiple lots The $2.3 million listing has received several inquiries from developers about tearing it down to create multiple lots for new houses. now you have a decision: Bueller or Obama? 3. Dreamtown Realty reports the biggest sale of the year so far The $5.6 million, six-bedroom, 5.5 bath sold in 56 days at...
Real Estate Marketing Campaigns: Aim Before You Shoot
2009-09-19 16:24:00 I received the Google Analytics newsletter the other day in the mail and it got me thinking about long tail keywords. But Peter Kolat has already written some great posts about that subject, so I shifted my thinking more generally to targeting your prospects. Because that?s what using long tail keywords is really about, after all ? honing in on the prospects that are searching specifically for what you offer. What?s in it for me? Let?s do a thought experiment: Imagine you?re looking for someone to clean up and fix the houses you buy before you flip them. You happen, just as you?re thinking about it, to get three postcards in the mail.This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved. Real Estate Marketing Campaigns: Aim Before You Shoot
Robert Kiyosaki & Joe Aldeguer
2009-09-19 06:46:00 World renowned author and Real Estate investor, Robert Kiyosaki, talks to Joe Aldeguer about his insights and strategies in investing into Real Estate.
Commercial Real Estate: The Iceberg is Melting Faster!
2009-09-18 17:24:00 This isn't a global warming post in any sense of the phrase. Unless, of course, it is your bank account that is melting away faster than you care for it to melt away. This post is a kinda-sorta extension of last week's post in which I said a new wave of foreclosures is in the immediate future. My statement was based on the commercial real estate market and lo and behold the very next Monday, Corus Bancshares Inc. was seized by the Feds. As it turns out, CBI financed a 377 unit condo called The Montage in downtown Reno. Several years ago the latest craze to hit this city was to take shuttered casinos - yes, casinos go belly up - and convert them into condo complexes. This particular complex had units priced from $150,000 to more than $1 million. This was during the high flying years. Today these same units won't fetch $10,000 no matter where they are located in the complex. My youngest son was in the market at about that time for a dwelling. He liked the idea this complex wa...
Real Estate Tip for Sacramento Home Buyer
2009-09-18 15:30:00 Sacramento, CA Sometimes it seems a little overwhelming when you first think about buying a house or condo. As a Sacramento Realtor ® helping home buyers, home sellers, investors and buyers relocating to the Sacramento area, I explain to home buyers the details of home buying. Disclosures are just one of the many aspects of home buying. ...
Windhaven Real Estate Market Conditions
2009-09-18 00:17:00 Windhaven Market Conditions It's no secret that inventory is low in some West Plano neighborhoods. So the good houses go quick, meaning updated and nothing to do unless you have a buyer that wants a project. The biggest shout out is that around 70% of the listings in Windhaven sell within 60 days and 92% sell in 90 days, that's good news for sellers. And for home buyers: it's a great location in the Willow Bend area. Also you can see the sale to list price is 100% for homes on the market for over 120 days...and that's because the home was overpriced in the first place and by the time price reductions are taken, slowly but surely, the price gets low enough for a buyer to buy for the condition of the home. It's a painful journey.... [where:75093, Windhaven Real Estate, Market Update]
By: Plano Blog
Meet the Investor: Interview with Real Estate Investor, Will Barnard
2009-09-17 23:14:00 Its that time again . . . where we get to meet another successful real estate investor. For those of you who are unfamiliar, we will from time to time, interview investors on BiggerPockets for our Meet the Investor series. With that in mind, we've got a great interview for you with real estate investor Will Barnard. Will has been one of the most active members of BiggerPockets over the course of the last year or so, and has given back much to others in the community. He is a great resource and a nice guy. With that in mind . . . Meet Real Estate Investor Will Barnard How long have you been investing in real estate full time? I started investing in 2004 and went "full time" in 2006. What attracted you to becoming a real estate investor? I have almost always been self-employed and I am a true entrepreneur at heart. I have always been interested in real estate investing; in fact, I was out looking at homes to buy, rehab and flip back in 2000, but never pulled the trigge...
Real Estate Investing Keys to Know
2009-09-17 21:40:00 It is likely that you think of a number of things when you hear the words real estate investing. You might immediately leap to real estate investing being real estate portfolios and real estate retirement plans or you may think instead of short sales, bulk reo investing and virtual real estate investing. Likely you also ...
Placer County Real Estate Market Report
2009-09-17 19:33:00 Have you been anxiously awaiting the single family home sales report for August in neighborhoods like Roseville, Granite Bay, Rocklin, Lincoln and Auburn? I finally got the time to put the August 2009 home sales report together for you. Be sure to click and check out your specific neighborhood for the real estate trend in your ...
Willow Bend Real Estate Market Conditions
2009-09-16 22:40:00 Current Market Conditions for Willow Bend If you want to know the truth about real estate you really need to drill down to each sub division to see what's really going on. General information is good but rarely depends on your exact location. The report below is just for Willow Bend, a glimpse into this area. The results go back to September of last year when the bottom fell out and things got quieter. The current last 3 months of sales is better than the prior, much better. The absorption rate is important because it tells you how deep the inventory is. Now 7.67 months supply is not ideal but financing issues on jumbo loans have a great deal to do with that. Median prices have adjusted considerably and you do have to figure in a few foreclosures for that. Days on market are almost 50% lower than a year ago, a good sign. And sale to list price is better also at 96.48%. As a buyer you can see that activity has picked up and going the right ...
By: Plano Blog
10 questions you must ask the real estate developer before you buy
2009-09-16 19:58:00 Master-planned communities in Central America come in all shapes and sizes - from small condo buildings to developments covering thousands of acres offering resort style amenities. Many offer pre-construction sales where you buy before you see the finished product. Great gains can be made as properties are offered at a discount. But you have ...
Can Real Estate be Spiritual? Real Estate Mom answers a LITTOF reader quest
2009-09-16 16:58:00 Happy Wednesday, everyone! Today I'm answering a question from LITTOF reader Jo of New Zealand:I'd like to ask your mum about doing real estate business in a "spiritual" way. Not sure that's the right word, but cannot think of another! What I mean is this:So many real estate transactions I have been involved in (as both buyer and seller) have been anchored in "business" or "profit" or "commission". I appreciate that realtors have to earn a living and am happy to pay a commission to someone who successfully sells my home. But how do I filter out the puff and the patter? What are the signs I should look for which tell me that a realtor is truly out for...
Real Estate Investing Tools & Tips
2009-09-16 14:42:00 The term real estate investing likely brings a number of things to mind. You might immediately leap to real estate investing being real estate portfolios and real estate retirement plans or you may think instead of short sales, bulk reo investing and virtual real estate investing. Likely you also wonder how these things will factor ...
Real Estate Prices Stabilizing in Alberta
2009-09-15 03:10:00 "The difference in the resale housing market now, compared to the beginning of the year, is night and day and nowhere is this more evident than in the West," said Dale Ripplinger, association president."Homebuyers recognize that interest rates and prices have bottomed out, and are taking advantage of excellent affordability before prices and interest rates move higher."A five-year fixed-rate mortgage, the most popular among consumers, is still available for less than four per cent at some financial institutions.Variable-rate mortgages, tied to prime, remain at about three per cent and are not expected to rise until June. The Bank of Canada has pledged not to change its lending rate until then -- but it is not an ironclad guarantee.The low rates seem to have worked and have the market even hotter than in 2007, a record year. July sales in 2009 were 3.9 per cent above the previous July high set in 2007.It has been a stunning reversal for a real estate market that had almost ground to ...
Real Estate Investing in 2009 And Beyond
2009-09-14 16:08:00 A number of things likely come to mind when you think of real estate investing. Depending on how familiar you are with real estate investing already, you might think of real estate portfolios and real estate retirement plans, or you might focus on short sales, bulk reo investing and virtual real estate investing. You likely ...
Sacramento Real Estate Trends for 2009-2010
2009-09-14 15:30:00 Seems there is a rumor that Real Estate is turning around in Sacramento. I keep hearing that from people I run into and it surprises me. That is not what I am finding. Home sales were down last month for a very good reason. Most homes for sale are Short Sales and they take feverishly ...
Queensland Real Estate Investment ? Is This The Time?
2009-09-14 03:00:00 Has the time come to take a second look at the fire sale property market in Queensland? Well I’m not sure but I think it might be time to check out a bargain, particularly if you are looking to live in a modern Queensland apartment for at least the next 10 years – and here’s why I say that. Read more on Queensland Real Estate Investment – Is This The Time?…
eMarketing In Real Estate Events
2009-09-12 18:43:00 Step outside the box. Share ideas, learn tips, and make deals.
PruPref buys Rubloff, economy stabilizing? This week in Chicago real estate
2009-09-11 23:22:00 -Prudential Preferred Properties purchased Rubloff: After Berkshire Hathaway bought Koenig & Strey last week, we're seeing yet another move to increase effciency and cut costs among the once-overfowing Realtor industry. I'm glad their keeping both names (Prudential Rubloff) because of Arthur Rubloff's impact on Chicago real estate. Crain's photo -The Condoist stirs the rumor mill on the $8,000 tax credit: Will it go up to $15,000? Or will it get lost in the hubbub of the healthcare machine? -The Huffington Post reports that the economy may be stabilizing: Chicago real estate gets props for increasing home sales over the last six weeks, as well as a slight increase in construction -Jameson reports selling 24 condos in bulk on the North Side: Most of the 39-unit Lincoln...
Get the Best Deal - Wesley Chapel Real Estate
2009-09-10 21:01:00 The population in Florida is increasing from the past twenty years. Mostly, the population of Florida is increasing in the Tampa Bay area. Wesley Chapel real estate has maintained a primary role in raising the popularity from the past twenty years in the state of Florida. Wesley Chapel provides all most all facilities that Florida ...
Olive 8 Condo receives LEED Silver certification
2009-09-10 20:30:00 Olive 8 has been awarded Seattle's first LEED Silver certification (hotel/condo) by the U.S. Green Building Council.ShareThis
The Real Estate Mom: How I reinvented myself in the middle of a housing cri
2009-09-09 21:37:00 "There is nothing permanent except change."-Heralitus 500 BC Change is everywhere right now. We hear about change in political speeches, we see change in all the real estate foreclosure signs on the street, we read about job loss and change in the papers, even menopause is called "the change." People change jobs, they change locations, they change marriages, they change their minds, and the biggest change of all is the change from this life to the next. Change is defined as "a variation, alteration or substitution." Change is really one of the few constants we have, and I guess how we change is a measure of who we are. Three years ago this month my husband, Tom and I made a big...
Sell Anything Online
2009-09-08 03:54:00 Online marketing is a common activity today not only for businessmen but also for independent entrepreneurs. Anything can be sold online as long as it has value. Online business is a considered an excellent strategy of selling a product since there are millions of users all over the world who can be ...
By: Gio's Weblog
Avoid These Mistakes When Buying Westchase Real Estate
2009-09-05 20:52:00 When it comes to the Westchase real estate market today, you?ve probably heard more than your fair share about how it?s a buyer?s market out there, and that you should get your hands on one of the Westchase homes for sale. With prices plummeting to record lows and foreclosures continuing to materialize all over Florida, ...
Tip for Sacramento Real Estate Home Buyers
2009-09-04 15:30:00 Sacramento, CA If you are a home buyer in the Sacramento area, you need to know what to expect in the upcoming months when buying a Bank Owned home and/or a Short Sale. Come take a ride with Gena and get the latest scoop about Real Estate and what some of the banks are requiring. If ...
Auctions, green home ratings, discounts: This week's real estate news
2009-09-04 00:01:00 Here's some other real estate news in Chicago this week: 1. Your bid may be rejected at auction: This Tribune story tells how some auction contracts allow the reection of bids that don't meet minimum requirements. But some experts predict auctions are just beginning their rise. Auctioneers are trying to do more due diligence to determine what prices auctioned items might sell at. 2. Energy ratings for your home?: Home Energy Raters (HERs) can evaluate the greenness of your home for $200-$400, reports DreamTown Realty. While this may seem expensive, they claim you can recoup the cost in just a couple of years...if you follow the recommendations. 3. Best areas to get a discount: Redfin.com rates the best and worst places...
What Is FHA Loan?
2009-09-02 05:09:00 The process of selling our house is moving forward. This morning, our attorney told that the attorney review has completed and now the house is officially under contract. The buyer will do the home inspection this weekend. After that we will move to Virginia and leave the house and all other matters to our agent, ...Original Post on The Sun's Financial Diary Special bonus offers Citi Forward Card 11,000 Bonus ThankYou Points Lending Club $25 Sign Up Bonus TradeKing $50 New Account Bonus in August What Is FHA Loan?
Two Bronx men indicted - accused of selling real estate they did not own
2009-09-01 20:10:00 In the following press release Bronx District Attorney Robert T. Johnson announced today that two Bronx men have been charged with bilking three people out of more than one point three million dollars ($1,300,000) in an alleged scam involving the sale of property that the defendants did not own and were not authorized to sell. [Indictment] It is alleged that the victims were led to believe that they were purchasing property that had been owned by the City of New York because the previous owners had either failed to pay taxes or correct numerous building code violations. Mario Tolisano, 59, of 1669 Astor Avenue, and Celestino Orta, 40, of 588 Timpson Street, have been charged with 1 count of Grand Larceny in the 1st degree, 3 counts of Grand Larceny in the 2nd degree, 1 count of Criminal Possession of Stolen Property in the 1st degree and 3 counts of Criminal Possession of Stolen Property in the 2nd degree. Tolisano also was charged with 7 additional counts of Practicing or Appearin...
Realty Income (O): 'Rock solid' in real estate
2009-09-01 14:00:00 "Right now, I believe real estate investment trusts (REITs) are one of the worst places you can put your money; but there is one exception," says Tom Dyson.In Daily Wealth, he looks to Realty Income (NYSE: O), explaining, "This REIT -- which has paid 463 consecutive quarterly dividends -- is one of my all-time favorite income investments." Here's his review."I see abandoned real estate all over my town. Half the businesses still operating are running on fumes. "Our Kmart is a basket case. It's always empty. The Walgreen's is a teardown. Sears has gone. The carpet store has gone and they've boarded up the car dealership."On the other hand, guess what businesses are working best near my house? The gas station, the dry cleaners, the post office, and the Mexican restaurant. These businesses haven't seen any dent in custom, as far as I can tell."And Realty Income only does business with companies that provide basic se...
When is the next wave of foreclosures coming?
2009-09-01 00:14:00 This Diana Olick blog post might help you answer that question: Now that Making Home Affordable programs are operational, we do project an increase in foreclosures as we exhaust every available option to qualify customers for modifications and other solutions. While we have very strong loan modification programs now available, unfortunately, these foreclosure projections reflect the increasing ...
By: National Bubble
Gallery & Brix Condo Auctions
2009-08-28 18:18:00 Brix and Gallery Condominiums are heading to auction on September 27th with 83 homes available. Minimum bids start from $165,000.ShareThis
The next ?leg down? for the housing market
2009-08-26 22:59:00 If you think the housing market is recovering, you are probably wrong. According to the NY Times: First American CoreLogic anticipates 600,000 option ARMS to reset within four years. Option ARMs, which lenders stopped offering last year, gave borrowers four payment options: less than the interest, which increases the balance every month; just the interest; the equivalent ...
By: National Bubble
California delinquencies continue to rise
2009-08-25 17:04:00 More bad news for the Golden State. According to the LA Times: TransUnion expects the percentage of California home loans that are at least 60 days late or are in foreclosure to skyrocket to more than 14% by year-end. Mortgage delinquencies will continue to rise and set records the rest of this year in California, according to ...
By: National Bubble
Foreclosures keep going up in Florida
2009-08-22 08:38:00 The housing crash in Florida is getting worse. According to the Miami Herald: As home prices fell and the job picture worsened, the percentage of Florida home loans either past due or in foreclosure hit 23 percent in the second quarter, outpacing any other state in the nation. The figure represents 807,000 loans, a staggering sum ...
By: National Bubble
Prime fixed-rate mortgage delinquencies increased in Q2
2009-08-20 18:24:00 We have been saying this for a long time here on our blog and the latest numbers from the Mortgage Bankers Association (MBA) confirmed it. Our current foreclosure mess is not a subprime problem anymore, but it is now moving to prime mortgages. According to the MBA: The delinquency rate for mortgage loans on one-to-four-unit residential ...
By: National Bubble
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