The recurring price recovery and increase in positive equity all around the country has been source for celebration among many industry commentators-- but they're not much comfort to those who continue to struggle to pay their mortgages, Fitch Ratings says in a new release. While equity is ... » Learn More about Borrowers Struggle Despite Equity Gains
Decline in Foreclosures Outpaces The Decrease in Loan Modifications
An approximated 44,000 homeowners obtained permanent loan modifications from mortgage servicers at the time of the month of November under both proprietary servicer programs and the government's Home Affordable Modification Program (HAMP), HOPE NOW reports. Although that total represents a 12 ... » Learn More about Decline in Foreclosures Outpaces The Decrease in Loan Modifications
Economist Prediction To The Real Estate In 2014
Specialists at Freddie Mac and Equifax expect dropping unemployment and economic growth to keep the housing market steady in 2014. This, regardless of climbing rate of interest and anticipated development in housing prices nationwide. Unemployment drooped to 6.7 percent across the country in ... » Learn More about Economist Prediction To The Real Estate In 2014
Realtor Guide To Money Making Activities In 2014
We are now in the last week of Jannuary, how are you feeling about 2014? If you seem like most realtor experts (and the majority of people ), you get so excited with this new year and intending be the best you can be. You plan your new diet regimen; you participate in a new gym. You develop a ... » Learn More about Realtor Guide To Money Making Activities In 2014
Real Estate Market Update San Fernando Valley, Los Angeles, CA January 27, 2014
2012 & 2013 were very strong years for the local market with major price appreciation. Hedge Funds and foreign investors were buying REOs in bulk, and buying multiple unit and single family residential units for cash, driving up pricing. Over the past few months it has definitely slowed ... » Learn More about Real Estate Market Update San Fernando Valley, Los Angeles, CA January 27, 2014