From the category archives:
Those of you who have been following the housing situation probably knows that until now, there is no clear signs the market bottom has been reached. These signs include an uptick in home prices, increasing home sales activity and a decline in foreclosure inventory. But just last week, experts have been saying foreclosure activity could increase as many lenders have finally started on their shadow
Continue Reading: Home Sales Activity Inch Up Despite Threat of More Foreclosures
Sellers of residential properties, even homes for sale by owner sellers, should look forward to the spring home buying season in South Carolina, market analysts have stated. According to them, the month of March usually provides signs on what the home buying season will be like; and this year, the signs seemed to be pointing towards a high-selling season.
Continue Reading: Spring Looking Good for Sellers of Homes for Sale by Owner
The number of foreclosed properties, including Fannie Mae foreclosure properties, continues to increase in Massachusetts as most lenders are reportedly favoring foreclosure over short sales. According to a number of state homeowners, banks are not cooperating despite their best efforts to initiate a short sale and are opting instead to seize their properties.
Continue Reading: Fannie Mae Foreclosure Properties Rise As Lenders Avoid Short Sales
Prices of homes in Metro Detroit, Michigan have risen during the 2010 second quarter despite the thousands of foreclosed dwellings under listings of residential properties in the area. The region recorded a 3.5% rise in property prices for the April to June period compared with the January to March period of 2010.
Continue Reading: Prices Surged Despite Foreclosed Listings of Residential Properties
The houses that were purchased by Indio, California from bank and Freddie Mac foreclosure lists and were renovated under the Neighborhood Stabilization Program are about to be sold. To make the renovated dwellings even more affordable, the city also offers financial assistance to buyers up to a maximum of $75,000 or 30% of the selling price.
Continue Reading: Bank and Freddie Mac Foreclosure Lists Provide Homes to Rehab Effort
Utah is one of the states hit hardest by bank and Fannie Mae foreclosures. However, home builders in the state are not hindered by such concerns and are demonstrating resilience, particularly during the first half of 2010. Latest reports from the Bureau of Economic and Business Research from the University of Utah showed that new houses for 2010 will be 50% more than those constructed in 2009.
Continue Reading: Utah Construction Thrives Despite Bank and Fannie Mae Foreclosures
First time home buyers and investors alike are checking the listings of foreclosure homes for sale in South Florida. Included in the said list are really cheap condominiums.
Continue Reading: Listings of Homes for Sale in South Florida Include Cheap Condos
Foreclosures list prices and sales pulled down the average home sales price in Grand Rapids, Michigan in September, based on data from the Grand Rapids Association of Realtors.
Continue Reading: Foreclosures List Pulled Down Home Prices in West Michigan
As mortgage lenders accumulate losses from foreclosure listings and as they implement stricter processes and more requirements for loan applicants, incidents of loan fraud have started to increase.
Continue Reading: Mortgage Fraud Soars Amid Foreclosure Listings
According to the Mortgage Banker’s Association, their mortgage applications index has plunged by 23 percent, from 591.4 to 455.4 during the week that ended September 26.
Continue Reading: Mortgage Applications Drop
With the housing industry still trying to recover from the losses suffered because of the mess in the subprime market, it is indeed surprising that the government-sponsored enterprise Fannie Mae has announced that it is making an effort to boost finances. Unfortunately, this effort comes with a high price for consumers.
Continue Reading: Mortgages Becoming More Expensive
If you have managed to escape the subprime mortgage mess, it should not mean that you will let down your defenses. One of the ways you can easily avoid losing your home to foreclosure is by organizing your finances early on.
Continue Reading: Avoiding Foreclosure By Organizing Your Finances
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