Twenty-nine percent of U.S. housing sales were from all-cash acquisitions in 2013-- with the percentage trending significantly higher in the second half of the year, according to RealtyTrac's December and Year-End 2013 U.S. Residential and Foreclosure Sales Report. About 32 percent of REALTORS ... » Learn More about More Buyers Show the Money at Closing
HELOC Payments Set To Increase For Many Borrowers
A swath of borrowers are set to experience a payment surprise in 2014 as payments attributed to a crop of home equity lines of credit (HELOCs) made through the housing boom will begin to rise suddenly, The New York Times reports. For several years, borrowers making monthly payments on about $30 ... » Learn More about HELOC Payments Set To Increase For Many Borrowers
Home Sellers Are More Positive
Home sellers are more positive about repurchasing a house than in the past few years, thanks to strong growth in home prices, record-low rate of interest, and better personal financial situations, based on the CALIFORNIA ASSOCIATION OF REALTORS. Beyond two-thirds (69 percent) of home ... » Learn More about Home Sellers Are More Positive
Foreclosure Rate Down To 2.5 % at Year-End
2013 saw "significant, sustained" developments in both delinquency and foreclosure numbers, which is based on Black Knight Financial Services (BKFS). The company's Data and Analytics division released its year-end Mortgage Monitor Report, which builds on its recently released "first-look" stats for ... » Learn More about Foreclosure Rate Down To 2.5 % at Year-End
How Short Sales Will Increase Home Sales In 2014
You might just have thought this article would have to do with short sales on the market today, but that is not the case. You see, the real estate market will experience a rise of homebuyers who took part in short sales as sellers three to five years back. That's correct, there is a surge of ... » Learn More about How Short Sales Will Increase Home Sales In 2014