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Tag Archives: Mortgages
US Pending Home Sales Tick Upward in March
“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading
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Tagged Chief Economist, condos, Contract Activity, Crash, Economist Lawrence, Existing Home Sales, Government Mortgage, Home Builders, homes, Inventories, Limited Supply, Map, Midwest, Mortgage, Mortgages, news, Norms, Pending Home Sales Index, Real Estate, real estate business, Real Estate News, Realtors, Sales Contract, Several Factors, Single Family, Spring Season, townhomes
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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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Tagged 30 Year Fixed Mortgage, Buyers And Sellers, condos, Decade, Delinquent, Foreclosure, Home Ownership Rate, homes, Household, Housing Market, Housing Starts, Mortgage, Mortgage Applications, Mortgage Rates, Mortgages, news, Perspective, Picking Up The Pieces, Processing Services, Real Estate, real estate business, Real Estate News, townhomes, Two Million, U S Census, Year Fixed Mortgage
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US Homeowners Rise Above Water on Mortgages
The negative equity numbers also don’t say anything about whether or not the loans coming out from underwater are delinquent. While the overall delinquency rate dropped dramatically in the fourth quarter of 2012 to 7.09 percent of all loans, according … Continue reading
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Tagged Assumption, Basis Points, Borrowers, Cautionary Note, Chief Economist, condos, Dallas Fort Worth, Decline, Delinquency Rate, Delinquent Loans, Distressed States, Foreclosure Rates, Fort Lauderdale, Fourth Quarter, homes, Mba, Metro Areas, Mortgage, Mortgage Bankers Association, Mortgages, Negative Equity, news, Real Estate, real estate business, Real Estate News, Sequestration, townhomes, Zillow
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Weird California real estate: Why the distribution of sales is abnormal
David McNew/Getty Images A “for sale” sign stands outside a home in Pasadena. The California real estate market is improving, but its fundamentals remain distorted. This week, real estate analytics firm DataQuick released a report that says cash-only housing sales in … Continue reading
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Tagged Andrew Lepage, Borrowers, california, California Market, California Real Estate, California Real Estate Market, Cash Purchases, condos, Current Real Estate, Dataquick, David Mcnew Getty Images, Home In Pasadena, homes, Homes For Sale, Housing Market, Housing Sales, Mortgages, news, People, Real Estate, real estate business, Real Estate Market, Real Estate News, Statistics, townhomes, Twelve Months, Wildcard
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Americans Are Using Their Houses as ATMs Again
With home prices up 8 percent year-over-year in December, according to the latest reading from CoreLogic, homeowners are regaining home equity at a fast clip—1.4 million borrowers rose above water on their mortgages through the end of September. That number … Continue reading
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Tagged Anecdotal Evidence, Atms, Blackwell, Borrowers, condos, Education Expenses, Equifax, Home Equity Line, Home Improvements, homes, Houses, Housing Bubble, Money Back, Mortgage, Mortgage Finance, Mortgages, news, Price Appreciation, Real Estate, real estate business, Real Estate News, Signs, townhomes, Withdrawals
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Foreclosure Deals: 2013′s Best and Worst
Phoenix, San Francisco, Los Angeles, Detroit and San Diego all saw a drop in foreclosure activity. But the numbers went the opposite direction in Tampa, Miami, Baltimore, Chicago and New York. “Markets with increasing foreclosure activity in 2012 took the … Continue reading
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Tagged Backlog, Bidding Wars, Buyers And Sellers, condos, Feds, Foreclosure Process, Foreclosure Sales, Foreclosures, homes, Housing Bubble, Months Supply, Mortgage, Mortgages, New York City, news, Opportune Time, Orlando Florida, Palm Bay, Percentage Increase, Real Estate, real estate business, Real Estate News, Realtytrac, San Jose Ca, townhomes, Vice President, York City Area, York Markets
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Pending Home Sales Fall Due to Dwindling Supply
The Realtors’ monthly index fell 5.4 percent in the Northeast month-to-month, rose 0.9 percent in the Midwest, fell 4.5 percent in the South and fell 8.2 percent in the West. The West, and its severely distressed markets like Phoenix and … Continue reading
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Tagged Borrowers, condos, Decline, First Time Home, First Time Home Buyers, Home Builders, homes, Investor Interest, Las Vegas, Midwest, Million Dollars, Mortgage, Mortgages, news, Perspective, Phoenix, Real Estate, real estate business, Real Estate News, Realtors, Red Flags, Rental Apartments, S Market, Sales Contracts, Seasonal Rise, Stocks, Time Home Buyers, townhomes
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One Overlooked Fact About the Housing Recovery
As federal regulators and banks argue over whether new lending standards will make mortgage credit too tight or too expensive, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright. … Continue reading
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Tagged American Homeowners, Banks, Cash Investors, condos, Crash, Demographics, Foreclosure, Geographical Location, Home Ownership, homes, Housing Market, Information Sales, Las Vegas, Mortgage, Mortgage Credit, Mortgages, news, Real Estate, real estate business, Real Estate Information, Real Estate News, Regulators, Survey, townhomes, Washington D C, Zillow
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Homeowners With No Mortgage Offer Clues to Recovery
As federal regulators and banks argue over whether new lending standards will make mortgage credit too tight or too expensive, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright. … Continue reading
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Tagged American Homeowners, Banks, Cash Investors, condos, Crash, Demographics, Foreclosure, Geographical Location, Home Ownership, homes, Housing Market, Information Sales, Las Vegas, Mortgage, Mortgage Credit, Mortgages, Nationwide, news, Real Estate, real estate business, Real Estate Information, Real Estate News, Regulators, Survey, Tight, townhomes, Washington D C, Zillow
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California foreclosures and short sales are a smaller part of October market
Reed Saxon A foreclosure sign in Pasadena. Foreclosures and short sales are a smaller part of the market in October, according to the California Association of Realtors. California’s real estate market has been anything but healthy since the housing bubble … Continue reading
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Tagged Association Of Realtors, Banks, Borrowers, california, California Association Of Realtors, California Foreclosures, California Real Estate, California Realtors, condos, Distressed Sales, Foreclosure, homes, Housing Bubble Burst, Inventories, Los Angeles County, Matthew Debord, Mortgages, news, Real Estate, real estate business, Real Estate News, Reed, S Real Estate, Saxon, Signs, Statewide Trend, townhomes, Twitter
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