Posts Tagged ‘housing news’
Real Estate Market Update June 2020
It certainly has been a challenging time for all of us, but the real estate market does not seem to be affected. There are fewer homes for sale now than at any time since 2006 – according to Altos Research – and the number of listed homes seems to be falling rather than increasing, as…
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Real Estate News Roundup
There has been much conflicting news lately about the real estate market – reports saying it continues to improve, others claim many fear we are heading toward another bubble. Let’s look at some of the latest news in the real estate industry…see for yourself what you think. Home Sales Increases: We have all read about…
Read MoreHome Prices are Rising
Home prices are rising and have been doing so for the last three months. According to Standard and Poor’s newest Case-Shiller index report, prices have actually showed a decline, but that fact has been disputed by other reports. In North San Diego, I agree that prices seem to be rising and market times, not including…
Read MoreReal Estate News REcap for January 12, 2012
There is a lot of news out there in the real estate market, and much of it is very positive in pointing toward a market recovery. I am not putting a spin on things – this is what is going on now and the news looks good. Mortgage Delinquencies Down. The number of mortgage delinquencies…
Read MoreWeekly News REcap 12-2-2011
Happy December everyone! I can’t believe the year is almost at an end (we won’t mention that I am completely unprepared for the holidays either). Here is what has been happening in the real estate market this week. Foreclosure Moratorium for the Holidays. Some lenders are finding kindness in their heart to put in place…
Read MoreRecent Real Estate News, and How it Effects You
There has been plenty of recent housing news that could effect the value of your home, so here are some of the latest updates: Bill to allow visas to foreign home buyers. Congress is considering a bill that would allow foreign homebuyers to purchase residential property in the U.S., in an effort to stimulate the…
Read MoreWhy Short Sales Fail
Not all short sales get approved; in fact, some statistics claim only half make it to closing. The truth is that both the agent and seller need to do everything in their power to get these sales approved, but sometimes it is simply out of their hands. Here are the reasons short sales fail: 1. …
Read MoreBanks May Pay You to Short Sell Your Home
Cash for keys programs – where the banks pay money to the homeowners if they walk away from their homes and leave them in good condition – have been common in the foreclosure arena for some time. Now the banks want to apply this principle to the short sale industry. I have been hearing tidbits…
Read MoreConforming Loan Limits to Get the Ax
On Friday the House of Representatives failed to extend the current conforming loan limits, which are set to expire on September 30. This was a big blow to the real estate market and to buyers and sellers. But does this mean the fight for extension is over? Let’s take a look at the situation so…
Read MoreForeclosures: Is the Barrage Over?
Recent studies indicate that foreclosure filings are down across the nation, but what does that really mean? Several theories have been discussed in the media about what will happen next. One is that things are improving, albeit slowly, and lenders are embracing foreclosure prevention measures (like loan modifications and short sales) more heartily. The other…
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