Recovery Expected to Enter ‘Middle Innings’ in 2014 by Krista Franks-Brock

While the housing market is still far from “normal,” it is inching that way, according to a report released Thursday from Zillow. Last year’s skyrocketing home price appreciation, frenzied demand from investors, and high tide of negative equity are all expected to subside somewhat this year, according to the real estate company. Nationally, home prices increased 6.4 … More Recovery Expected to Enter ‘Middle Innings’ in 2014 by Krista Franks-Brock

Can a Property Be Bought Before the Auction? by Brian Kuzdas

Can a Property Be Bought Before the Auction? by Brian Kuzdas Brian Kuzdas, Founder and CEO of RealEstateAuctions.com When we’re in an open house and a buyer asks us, “Can I buy the property now?” We always answer with, “Of course you can!” Real estate auctions offer a great platform to get the most money … More Can a Property Be Bought Before the Auction? by Brian Kuzdas

What every short sale seller should know – direction from the IRS

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through … More What every short sale seller should know – direction from the IRS

Short Sale Laws that Favor Home Sellers in California in 2014 January 23, 2014 by dreamwellhomes Short Sale Information and Favorable Laws for California Homeowners in 2014 Here are the Short Sale related laws you should know about as a homeowner in 2014. Please seek the advice of a real estate attorney and a tax professional on … More

Housing Recovery Unmoved by Rising Interest Rates Authors: Krista Franks-Brock January 23, 201

Mortgage rates may be rising, but the housing market doesn’t seem to mind. In fact, several indicators have improved alongside rising rates, according to the HousingPulse Tracking Survey released by Campbell Surveys and Inside Mortgage Finance this week.   The lending atmosphere is becoming friendlier, especially to first-time buyers. Simultaneously, the average time on market for … More Housing Recovery Unmoved by Rising Interest Rates Authors: Krista Franks-Brock January 23, 201

Housing and Mortgage Outlook: Expect Declines in 2014

Following a year of fast-paced appreciation, Fitch Ratings expects home price gains to slow to a more moderate pace in 2014 in the United States, according to its Global Housing and Mortgage Outlook released Tuesday. The ratings agency also predicts mortgage volume will decline and delinquencies and shadow inventory will decrease, albeit slowly, while liquidation … More Housing and Mortgage Outlook: Expect Declines in 2014

NATION: Foreclosures decline, hit 6-year low in 2013 Published: Monday, January 20, 2014

By Alex VeigaAssociated Press         The number of U.S. homes that got started on the path to foreclosure fell last year to a low not seen since before the high-flying days of the housing boom, the latest evidence that the threat of foreclosures continues to diminish. Lenders also took back the fewest … More NATION: Foreclosures decline, hit 6-year low in 2013 Published: Monday, January 20, 2014

Homeowners Still Access Referral Services in Post-Crisis Period

With the lingering effects of the housing crisis, many homeowners still find themselves in need of assistance for home-related services or other basic requirements. The Illinois-based MortgageKeeper Referral Services recently issued its 2013 Homeowner Needs Status report and found that homeowners received 1,223,000 referrals from the company’s MKDirect and MKDesktop technologies in 2013. That’s the … More Homeowners Still Access Referral Services in Post-Crisis Period