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What Will Home Prices Do In 2014 - 2015

Posted by James Trammell on May 19, 2014 at 1:10 AM Comments comments (0)

Can Home Prices Continue to Rise in 2014?

 December 16, 2013 by Mark Ferguson 

 home prices continue to riseThe real estate market has been appreciating in most areas of the country over the last two years. Some people are concerned rents and home prices are reaching unattainable levels similar to the situation before the recent housing crisis. The big question is whether price increases can be sustained or if we are in for dropping prices ...

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Shadow Inventory 2014

Posted by James Trammell on May 19, 2014 at 1:05 AM Comments comments (0)

Shadow Inventories Are Quickly Vanishing, Report Says

 

 

Daily Real Estate News | Friday, April 04, 2014

 

For the past three years, the shadow inventory has declined year-over-year and posted double-digit declines for the past 16 consecutive months as the housing market continues to heal, Anand Nallathambi, president and CEO of CoreLogic, says in the company’s February 2014 National Foreclosure Report.

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Refinance ? Keep in mind the essential dos and don?ts

Posted by Catherine on December 24, 2012 at 3:05 AM Comments comments (0)

It’s evident that the lowest mortgage rates that you’re experiencing now, has actually triggered off an avalanche of new mortgages. In fact, the Mortgage Banker’s Association is expecting to see about 3 trillion dollars in business this year. However, it’s literally the new buyers who seem to be interested in applying for the home loans. Statistics show that 80 percent of the recent home loans actually went to the current homeowners going in for

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Obama extends help to struggling homeowners ? Loan modification benefits

Posted by martinez on April 27, 2012 at 6:05 AM Comments comments (0)

With the rise in the number of monthly debt obligations and the bruised job market in the US, most of the homeowners are struggling with their monthly mortgage payments. The Obama administration is extending its home mortgage assistance program in order to extend help to all those struggling homeowners who don’t qualify for home mortgage modification. As the nation’s housing market is tumbling, you need to take immediate steps to get on the right track so that you don’t end ...

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Home buyer tips

Posted by James Trammell on January 27, 2011 at 10:13 PM Comments comments (0)

7 Steps to Take Before You Buy a Home

By: G. M. Filisko

 

By doing your homework before you buy, you’ll feel more content about your new home.

 

1. Decide how much home you can afford

Generally, you can afford a home priced 2 to 3 times your gross income. Remember to consider costs every homeowner must cover: property taxes, insurance, maintenance, utilities, and community association fees, ...

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Lead based paint new EPA regulations

Posted by James Trammell on June 25, 2010 at 12:46 AM Comments comments (0)

EPA Requirements

 

Common renovation activities like sanding, cutting, and demolition can create hazardous lead dust and chips by disturbing lead-based paint, which can be harmful to adults and children.

To protect against this risk, on April 22, 2008, EPA issued a rule requiring the use of lead-safe practices and other actions aimed at preventing lead poisoning. Under the rule, beginning April 22, 2010, contractors performing renovation, repair and painting projects th...

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Short Sale No More State Tax On Forgiven Debit

Posted by James Trammell on April 28, 2010 at 12:36 AM Comments comments (0)

 

 Real Estate News | Permalink 

Published: Friday, April 23, 2010

 

Concerned homeownersno longer have to disburse California state income tax on debt forgiven in a short sale, forclosure, or loan modification. On the 12th of April, the Senate Bill 401 by and large supports California's tax management of mortgage debt relief income with federal law. For debt forgiven on a loan protected by a "qualified principal residence," borrowers will nowadays ...

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Where?s Housing Headed? Follow Rents

Posted by James Trammell on February 17, 2010 at 7:34 PM Comments comments (0)
It may not be the most widespread measure of housing prices, but if you want to follow a powerful driver, look at rents. Specifically, it?s the rents Americans pay on condos, apartments or houses that are about the same size, and share the same neighborhood as your ranch or colonial, that in the end determine what your house is worth. "If you look at the trend in rents to see where housing prices are headed, you?re looking at the right measure," says Yale economist Robert Shiller. In re... Read Full Post »

Investors are happy with new FHA flip rules

Posted by James Trammell on January 25, 2010 at 11:20 PM Comments comments (0)

HUD No. 10-011

Lemar Wooley

(202) 708-0685 FOR RELEASE

Friday

January 15, 2010

 

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS

Measure to help bring stability to home values and accelerate sale of vacant properties

WASHINGTON - In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary policy that will expa...

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