Category Archives: Real Estate News

REO Properties Are Moving Faster

Posted on December 21, 2011 by admin

Homebuyer demand appears to be intensifying, especially among lower-priced REO properties, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey released Tuesday. Time-on-market for move-in ready REO was just 10.1 weeks in November, the lowest in 15 months, according to … Continue reading →

Posted in Foreclosure, Real Estate News, REO | Tagged , , , , , , , , , , , , | 1 Comment

Las Vegas No Longer Top Foreclosure City, Hello Stockton Calif.

Posted on November 10, 2011 by admin

Las Vegas is no longer the top foreclosure city in the country. A new Nevada law that went into effect in October caused many mortgage servicers to pause the foreclosure process, knocking Vegas off the spot it held for 22 … Continue reading →

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Foreclosure Timeline Lengthened 140 Days Over Last Year

Posted on November 2, 2011 by admin

Mortgages backing homes that were foreclosed on in September had been delinquent for an average of 624 days, according to Lender Processing Services (LPS). That’s up from 484 days in September of last year, just before the processing issues surfaced. … Continue reading →

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Barclays Expects a ‘Triple-Dip’ in Home Prices

Posted on October 17, 2011 by admin

The analysts at Barclays Capital say a “triple-dip” in home prices will likely materialize by early next year. The term “triple-dip” emerged in a Clear Capital report a couple of weeks ago, and Barclays says its analysis corroborates the idea. … Continue reading →

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Realtors: Are You Shooting Video? You Should Be…

Posted on September 29, 2011 by admin

If you are a realtor, lender, contractor or consultant and you are not using video as part of your marketing, You are really missing the boat. We’re an ocular centric culture – meaning we have to “see it to believe it.” Video is the next best thing to being in a room with someone because we share so much more than we can write. Our writing may be more articulate, but it isn’t as real as watching someone’s body language.

Your audience can connect with you on a whole new level when you utilize video. They can see the energy behind your message. The true power behind video is this ability to establish a report much faster – and it doesn’t matter how Continue reading →

Posted in 203k Rehab Loan, Real Estate News | Tagged , , , , , , , , , , , | 1 Comment

203k: The Secret to 1970′s Kitchens

Posted on September 24, 2011 by admin

Buying a home in “as-is” condition to many home buyers is scary thing.  Many people want homes in move in ready condition to make things simple.  But what if you find a great deal on an As-Is property?  Maybe there’s … Continue reading →

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Low Rates, Rising Pessimissm

Posted on September 11, 2011 by admin

By: Diana Olick CNBC Real Estate Reporter “The numbers don’t add up. Mortgage giant Freddie Mac reports the rate on the 30-year fixed hit a new record low of 4.12%, at the exact moment that cohort Fannie Mae released its … Continue reading →

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Summer Home Sales Up. Slowing This Winter?

Posted on September 8, 2011 by admin

Clear Capital said home prices rose 4% in the second quarter, but the real estate data firm warns rocky times lie ahead. Still, gains made in the summer are likely to be short-lived with consumer confidence weakening toward the end … Continue reading →

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Home Builders Post Weak Quarter

Posted on August 1, 2011 by admin

Two of the nation’s largest home builders reported weak quarterly financial results Thursday, but their stocks rallied after an industry report indicated future sales could be stronger. The positive news came as the National Association of Realtors reported that its … Continue reading →

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A Warning About HUD 203k Mortgages

Posted on July 15, 2011 by admin

Not the most stimulating headline, I admit, but it’s a topic that deserves some discussion. Now let’s be honest: who out there even knows what a HUD 203k Mortgage is? Who’s first instinct was that it is a strange program … Continue reading →

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