Tag Archives: Bank Owned Properties

Anian Tunney Piedmont Ca Real Estate Expert: San Francisco, Oakland, San … – Virtual

Anian Tunney, Piedmont, CA real estate expert talks about the Piedmont real estate market being part of the top 3 areas in real estate value appreciation. Inventory is tight, but the decline in shadow inventory is expected to continue, which … Continue reading

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Q&A With America’s Real Estate Professor

Q. About six months ago I kept reading about all the “Shadow Inventory” that was going to hit the market, potentially dropping prices, and bringing to market lots of inventory for first-time buyers like myself. Sure doesn’t seem like that … Continue reading

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Tight inventories and lending may curb 2013 California home sales

CAR’s statewide median home price forecast California home sales and prices will likely rise this year and in 2013, though low inventory and restricted lending will continue to curb housing market growth, according to a forecast from the California Association … Continue reading

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Will Fed’s Mortgage Buying Juice the Housing Recovery?

Home prices are stabilizing, and new construction is bouncing back, but apparently the U.S. Federal Reserve isn’t buying a bullish housing recovery.  Its announcement Thursday that it would buy up to $40 billion in agency mortgage-backed securities every month, with … Continue reading

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Pending Home Sales Fall in June Due to ‘Fewer Listings’

Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery. The pending home sales index from the National Association of Realtors fell 1.4 percent from May. It is up 9.5% from … Continue reading

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New Crop of Foreclosures Is Coming

While fewer Americans are falling behind on their mortgage payments, the huge backlog of already delinquent mortgages is finally making its way through the banking system to foreclosure. Total foreclosure activity rose in the first half of this year from … Continue reading

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Now It’s the Big Banks That Are Getting Foreclosed On

Call it a case of man bites dog. Since the start of the housing crash, millions of Americans have lost their homes to foreclosure. Many of them lived in homeowner or condo associations. These are organizations that collect monthly dues … Continue reading

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Investors Get Creative with Hot Rental Market

Remember mortgage-backed securities? Big banks and investment houses pooled mortgages of all types and sold them off to investors, who then traded them all over the place, pumping so much liquidity into the mortgage market that brokers were basically giving … Continue reading

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Palm Springs-area home sales, prices trend upward

<!–Saxotech Paragraph Count: 22–> Jim Franklin, a Realtor with Prudential California Realty in Palm Springs has seen a dramatic improvement in recent months. Of 20 listings that Franklin has, 20 are in escrow. “We sold four in Movie Colony East, … Continue reading

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Foreclosures Move East as Hardest-Hit Markets Clear

Foreclosure activity in April fell nationally to the lowest level since the summer of 2007, but government intervention and the recent $25 billion mortgage servicing settlement are now changing the face of the crisis. Foreclosure filings, which include default notices, … Continue reading

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