Buying a house after a Short Sale in 2013 September 25, 2013 by dreamwellhomes

Buying a House after a Short Sale in 2013 There are many factors that will affect your ability to qualify for a loan in order to buy a house again after a short sale. If you have taken good care of your credit since, paid all your bills on time in the last 12 months, … More Buying a house after a Short Sale in 2013 September 25, 2013 by dreamwellhomes

Home prices climb the most in seven years

Home prices in 20 U.S. cities rose in the 12 months through July by the most in more than seven years, helping boost owner equity. The S&P/Case-Shiller index of property values in 20 cities increased 12.4 percent from July 2012, matching the median projection of 31 economists surveyed by Bloomberg and the biggest year-to-year advance … More Home prices climb the most in seven years

Debt Ceiling Déjà Vu

Debt Ceiling Déjà Vu Although Democrats and Republicans seemed to lose politically from failing to raise the debt ceiling until the last minute in August 2011, both parties appear poised for a rerun this October.  While we hope Congress avoids such behavior, investors could hear again about the U.S. possibly defaulting on its payments if … More Debt Ceiling Déjà Vu

Deficit Deadlines Ahead

Deficit Deadlines Ahead 2014 Budget Deadline: By Oct. 1, Congress must pass either a federal budget or a continuing resolution to fund the government.  Even in the past few years without budgets, Congress has generally agreed to resolutions to keep the government operating. Despite undoubtedly heated commentary, we expect that to be the case again.  … More Deficit Deadlines Ahead

HOPE NOW Announces 63,000 Mortgage Modifications

HOPE NOW, the private sector association of mortgage servicers, announced Thursday that it had helped approximately 63,000 homeowners modify their mortgages in July. HOPE NOW has helped 6.6 million homeowners modify their mortgages since 2007. “HOPE NOW is currently in its sixth year of existence and our members and partners still remain committed to helping … More HOPE NOW Announces 63,000 Mortgage Modifications

August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices Media Contact: Walter Molony

WASHINGTON (September 19, 2013) – Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.7 percent … More August Existing-Home Sales Rise, Limited Inventory Continues to Push Prices Media Contact: Walter Molony

News Summary: Fewer US homes on foreclosure track News Summary: US homes entering foreclosure process slowed to near 8-year low in August

  The Associated Press September 12, 2013 2:19 AM     FORECLOSURE STARTS: Foreclosure listing firm RealtyTrac says that the number of U.S. homes that entered the foreclosure process in August fell 8 percent from July and declined 44 percent from a year ago. The August total was the lowest since December 2005. COMPLETED FORECLOSURES: … More News Summary: Fewer US homes on foreclosure track News Summary: US homes entering foreclosure process slowed to near 8-year low in August

Foreclosure Litigation Declines in Q1, Activity Still High

Mortgage-related litigation remained historically high in the first quarter, according to data from Mortgage Daily. The site’s First Quarter 2013 Mortgage Litigation Index shows there were 227 mortgage-related cases tracked that saw activity in Q1—little changed from Q4 2012’s 223 but up from 216 the year prior. Among all cases, those related to foreclosures were … More Foreclosure Litigation Declines in Q1, Activity Still High

Florida falls behind Nevada in foreclosures

  By Martha Brannigan   mbrannigan@MiamiHerald.com   Florida fell to the No. 2 spot in the nation for foreclosure activity in August behind Nevada after three consecutive months on top, according to RealtyTrac. In August, one in every 383 residences in Florida received some type of foreclosure filing. A total of 23,372 Florida properties received … More Florida falls behind Nevada in foreclosures

Home » REOCON 2013: An update on short sale and REO trends Real Estate REOCON 2013: An update on short sale and REO trends Megan Hopkins January 28, 2013 3:05PM

The nation turned a corner since entering a foreclosure crisis more than four years ago, analysts attending the 2013 REOCON Summit & Expo said Monday.  Speaker Daren Blomquist, vice president of RealtyTrac, elaborated on 2012 short sale and REO trends when speaking to Realtors attending the conference in Dallas.   Blomquist assured the crowd, saying … More Home » REOCON 2013: An update on short sale and REO trends Real Estate REOCON 2013: An update on short sale and REO trends Megan Hopkins January 28, 2013 3:05PM