Tag Archives: Foreclosure

Homes Selling at Fastest Pace Since Boom

While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading

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Foreclosures Fall Sharply in San Ansemlo

The housing market continues to heat up in Marin County The number of building permits being issued by cities is on the rise this spring. In addition, foreclosures are on the decline. RealtyTrac reports the number of single-family building permits nationwide increased … Continue reading

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New Home Construction Builds in Mill Valley

The housing market continues to heat up in Marin. The number of building permits being issued by cities is on the rise this spring. In addition, foreclosures are on the decline. RealtyTrac reports the number of single-family building permits nationwide increased 27 … Continue reading

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Highest Southland April Home Sales Since ’06; Median Price Nears 5-Yr High

WASHINGTON, D.C. – May 14, 2013 – (RealEstateRama) — Southern California homes sold at the fastest pace for an April in seven years amid the release of pent-up demand for move-up homes and high levels of investor purchases. The median … Continue reading

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Mortgage Fix Failing at ‘Alarming Rate’

A new report from Special Inspector General for the Troubled Asset Relief Program points to disturbing numbers, but offers no reason for the high rates. Treasury’s data shows that the longer a homeowner remains in HAMP, the more likely he … Continue reading

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Number of Homes Sold, Median Price Up for March Calif. Homes

WASHINGTON, D.C. – April 19, 2013 – (RealEstateRama) — An estimated 37,764 new and resale houses and condos sold statewide last month. That was up 31.5 percent from 28,719 in February, and up 0.8 percent from 37,481 sales in March … Continue reading

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FYI DataQuick: California February Home Sales Findings

WASHINGTON, D.C. – March 15, 2013 – (RealEstateRama) — An estimated 28,719 new and resale houses and condos sold statewide last month. That was down 0.5 percent from 28,871 in January, and down 3.1 percent from 29,630 sales in February … Continue reading

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Housing Foreclosures Start to ‘Flare-Up’ Again

In California, foreclosures slowed dramatically last year due to a new law designed to protect homeowners, the California Homeowner Bill of Rights, and due to the $25 billion National Mortgage Settlement with mortgage servicers over so-called “robo-signing” foreclosure paperwork fraud. … Continue reading

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Housing Recovery Leaves Some Behind

To add to the delays, now some non-judicial states are seeing a big jump in backlogs due to new state laws that while attempting to safeguard borrowers, are delaying the foreclosure process in general. Nevada instituted a new law criminalizing … Continue reading

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Housing: Picking Up the Pieces

As for home building, which had surged to a peak of just over two million housing starts earlier in the decade, by October 2007 builders were starting about half that at 1.2 million. Today, while coming back, starts are still … Continue reading

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