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

Buying a House after a Short Sale in 2013There 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, have … Continue reading 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 … Continue reading Home prices climb the most in seven years

Deficit Deadlines Ahead

Deficit Deadlines Ahead2014 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.  Debt Ceiling Deadline: … Continue reading 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 … Continue reading 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 to … Continue reading 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: Lenders repossessed 39,277 … Continue reading News Summary: Fewer US homes on foreclosure track News Summary: US homes entering foreclosure process slowed to near 8-year low in August