Dave Rosenmarkle's (highlandagents) Blog

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Real Estate Agent - Highland Realty

ARCHIVED BLOG POSTS

2010 

Zillow has completed a survey which shows for the first time that Homeowners are no longer confident that their homes are going up in value. Only 20% believed their home had gone up in value, where, in fact Zillow shows about 28% of homes appreciated in the past year. For the first time since Zil...
02/28/2010
  First American CoreLogic Home Price Index (HPI) tracks home prices in all U.S. markets and basically concurs with Moody’s report that home prices are continuing to fall when considered nationally. The one silver lining the HPI reveals is that the decline is smaller and slower than before. The D...
02/27/2010
Moody’s Investors Service predicts another 8% decline in the housing market in many areas over the coming months. They blame the anemic Home Affordable Modification Program (HAMP) for failing to put a damper on foreclosure and the continuing escalation of foreclosure sales throughout the country ...
02/26/2010
  I know that many of you disagree with this, but according to Moody’s economists, the regional economic outlook shows that the economic recovery is gradually making its way across the country. It started in the central core of the country, and spread west first. Now it is beginning to impact the...
02/25/2010
  Amid concerns that interest rates may rise sharply this year, Bernanke is now expected to tell Congress today in his semi-annual report on the economy that interest rates will not be going up soon. The Federal Reserve chief is mindful that unemployment remains high and the housing industry is s...
02/24/2010
Foreclosure Activity Calms Down Over the Holidays Realtytrac’s January 2010 U.S. Foreclosure Market Report shows a 10% decline in foreclosure filings during January, after a 14% month-over-month increase reported in December. January’s foreclosure filings were still 15% ahead of the same month i...
02/23/2010
Unlike Clear Capital’s relatively rosy picture of a recovering housing market, Zillow is considerably more pessimistic. Zillow’s data is not as fresh as that of Clear Capital. The housing data it reports go only through December 2009. The last two months of the calendar year did see a considerab...
02/22/2010
  E.T. lives here.......   Clear Capital, the Truckee, CA-based property valuation company, reported the largest year-over-year home value increase since 2006 in January 2010, according to its Home Data Index Market Report. The national year-over-year gains were 2.3%. Gains in the Midwest were st...
02/21/2010
Real Estate columnist Ken Harney thinks the IRS may be on track to finally helping people understand what exactly needs to be filed in claiming the $6,500 and $8,000 buyer credits. Here's what's needed: A fully executed IRS Form 5405 (available at IRS.gov) on which taxpayers provide basic inform...
02/20/2010
Congressman Kenny Marchant (R-Texas) has introduced an electronic verification process requirement for those seeing loan modifications and refinancing through FHA, Fannie Mae and Freddie Mac. Marchant points out that studies have shown that much of the mortgage fraud that left unqualified people ...
02/19/2010
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