foreclosures
foreclosures Articles
The elimination of the federal home buyer tax credit and the foreclosure documentation issue put a lid on fourth quarter 2010 foreclosure sales, but for the full year, foreclosure sales accounted for...
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The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers. That seems obvious, but the “buyers’ strike” has caused house prices to drop, along with an...
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Fewer homes had underwater mortgages in the third quarter. The trend means little if anything to current homeowners and potential buyers. “CoreLogic reports that 10.8 million, or 22.5 percent, of...
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Verdict: Very Bad Shadow inventory of unsold homes jumped in the month of August, according to CoreLogic “CoreLogic estimates shadow inventory, sometimes called pending supply, by calculating the...
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The Congressional Oversight Panel reports that the effects of the current foreclosure documentation crisis may have been underestimated. In a new study entitled “Examining the Consequences of...
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The decline of home prices continues at an unprecedented breakneck speed. According to real estate research firm Zillow, “U.S. home values continued to decline in the third quarter, falling 4.3...
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The Securities Industry and Financial Markets Association (SIFMA) which claims that it represents the interests of hundreds of securities firms, banks and asset managers, says that a full-scale...
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Average interest rates on fixed 30-year fixed-rate mortgages have fallen to an all-time low of 4.37%, according to Freddie Mac’s weekly survey of conforming mortgage rates. The drop in rates...
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Foreclosed home sales were 24% of all transactions in the second quarter of 2010. The average price of a foreclosed home that was sold was 26% below comparable homes not in foreclosure. These data...
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Home foreclosures remained high again in August, as might have been expected given recent news on home prices and housing sales. According to RealtyTrac, foreclosure actions were reported on 338,836...
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Two studies–one by Deutsche Bank and the other by TransUnion-show that mortgages with payments that are past due for 60 and 90 days have risen sharply. The Deutsche Bank data shows that in some...
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Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
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Looking back to early 2010, this is about the time of year many economists and real estate experts believed that the housing market would recover. GDP growth in the third quarter, they reasoned,...
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Alan Greenspan’s mastery of discovering the obvious is never more on display than when he examines a problem and says he has brought light to a dark corner which is already well-illuminated....
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Homebuilder confidence for newly built, single-family homes declined for a second consecutive month in July to its lowest level since April 2009, according to the National Association of Home...
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