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Bank-owned homes and those in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first quarter. The increase was driven by a spike in short sales, or homes that sell for less than what the owner owed on their mortgage, foreclosure listing firm RealtyTrac...
The negative equity problem for US homeowners might be worse than previously thought, at least according to a new measure from Zillow. The online real estate data provider, in its first negative equity report, said 15.7 million, or 31.4%, of homeowners were underwater on their mortgages in the f...
Dare I Do it? Meaning do I put an UP ARROW on my Blog. I haven't seen one of those in years. Well, there it is! We have hit bottom and have taken a slight turn up. Well, maybe just a little bit. I'll make the "up arrow" a small one. Florida’s housing market had increased pending sales and higher ...
The take on the state of the housing market, according to Capital Economics, is that the U.S. is currently in recovery mode. Although other reports may contend the bottom is yet to be reached, the research firm points to increasing home sales and the drop in excess supply, which leads to price g...
The next two decades in housing markets depends largely on the Echo Boomers. That’s according to panelists at the “Shifting Demographics and Housing Choice: A Whole New World?” session during the recent National Association of Realtors® (NAR) 2012 Midyear Legislative Meetings & Trade Expo. There...
Ok,   I just read and and found this to be so True and inspiring. I have to share this with you all. Hope you like! Jack Welch. the former CEO of General Electric, is widely known for his key rules of business. Here Dirk Zeller of Real Estate Champions shares the real estate application to these ...
Buying a home may never get any cheaper than this. Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market. With home prices down 34% nationally since 2006 and mortgage rates at historic lows, homes...
The housing recovery will come in two phases. First, home prices will rise by just under 1 percent in the second half of 2012. In 2013, prices will rise by 1.5 percent, then go up another 2.5 percent in 2014. For the second phase, home prices will increase 3 to 3.5 percent between 2015 and 2017. ...
As one of the hardest hit states during the real estate downturn, Florida often pops up in market reports as having noticeably higher foreclosure rates and a greater number of underwater homes. Even so, the state is also becoming recognized for the amount of investor interest it is drawing and ho...
1. Credit Implications While the effects of a short sale on credit scores has been debated credit bureaus and modeling agencies including Fair Isaac and Experian have recently broken their usual silence to explain the effects of mortgage delinquencies on credit. Among these releases they have co...

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