Buyer’s Perspective: Short Sales vs. Foreclosures
August 2, 2013
in Home Foreclosures, Short Sales Tagged foreclosure, markets, real estate, short saleThey are known as “distressed properties,” when in reality they are properties that belong to distressed homeowners. Foreclosed properties and those being sold short are homes that the homeowner can no longer afford, for any number of reasons. If you have your heart set on purchasing from among an area’s distressed properties, you may have […]
Can I Keep My House if I go Bankrupt?
November 9, 2012
in Home Foreclosures, Mortgage Loans Tagged bankrupt, bankruptcy, chapter 13, chapter 7, foreclosure, real estate, short saleBankruptcy is never an enjoyable process. And in some cases, yes, you will not be able to stay in your house. But not in all of them, say experts. Sometimes, filing bankruptcy could be just the ticket for keeping your home. Exempt vs. Non-Exempt Assets Bankruptcy is either the liquidation or reorganization of a person’s […]
More Good News for Housing Market, but Foreclosures Loom on Horizon
February 17, 2012
in This Week in Real Estate Tagged foreclosure, home builders, home prices, home sales, housing market, housing starts, mortgage rates, real estate marketHome Builders Continue to be Optimistic Will Spring bring a new lease of life for the housing market? Home builders seem to think so. They are hopeful home sales will pick up with the warmer weather, ushering in good news for the market and the economy. For the fifth straight month, builder sentiment in February […]
Is Real Estate Recovery Right Around the Corner?
February 10, 2012
in This Week in Real Estate Tagged foreclosure, home builders, home building, homeowners, housing market, real estate market, recovery55+ Consumers Boosting Builder Confidence A new index by the National Association of Home Builders show there’s optimism in the market for single family homes targeting the 55+ consumer. The measure takes into account builder sentiment based on current sales, prospective traffic and anticipated sales for six months. Builder confidence in the segment increased four […]
Strict Lending Standards & Foreclosures Taking Their Toll
February 3, 2012
in Home Foreclosures, Mortgage Interest Rates, This Week in Real Estate Tagged foreclosure, home building, home sales, housing market, lending, mortgage rates, new home construction, real estate market, real estate newsNew Home Orders Rise Looks like the market for new homes is on the mend. Orders for new homes increased in the quarter ended December, bringing a much needed cheer to the home building industry.The news has made the chief executives for some of the nation’s biggest home building companies cautiously optimistic about a market […]
Foreclosures Have Dropped, but Housing Market Remains Frail
January 13, 2012
in This Week in Real Estate Tagged foreclosure, housing market, real estate market, recoveryForeclosures Touch Lowest Level According to a new report, foreclosures plummeted 34 percent in 2011 and reached the lowest mark since the recession began. Though that’s good news, the numbers are still daunting. RealtyTrac Inc., said about 1.9 million homes began their journey on the foreclosure process last year. That number could also be misleading […]
Real Estate News: Foreclosure Rates Continue to Slow Market
October 14, 2011
in Home Foreclosures, This Week in Real Estate Tagged foreclosure, home prices, real estate newsAnother Two Years for a Market Turnaround Have you been wondering when the housing market will pick up steam again? Give it another year or two, says a leading economist. That’s how much time it could take for the foreclosure storm to blow over and the oversupply of inventory to rectify itself, according to Mark […]