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- A year later after my Strategic Default - some eye-opening surprises..Forum: Deed in Lieu of Foreclosure - Do You Need Help to Walk Away? Posted By: Hanover Post Time: 05-16-2012 at 11:01 AM […]
- B of A Survey? Anyone else get one?Forum: Bank of America Home Loans Posted By: skoobywrx Post Time: 05-16-2012 at 10:01 AM […]
- Bank of America is a joke!!!!Forum: Bank of America Home Loans Posted By: mayela Post Time: 05-16-2012 at 09:59 AM […]
- On Chase Repayment Plan - Filed Chapter 7 - help please!Forum: Chase Mortgage - Tell Us Your Chase Story Posted By: chased in seattle Post Time: 05-16-2012 at 07:28 AM […]
- Will A Line of Credit Foreclose??Forum: US Bank Home Mortgage Posted By: tazzaro Post Time: 05-16-2012 at 12:35 AM […]
- Need advice and directionForum: Wells Fargo Home Mortgage Posted By: menmn Post Time: 05-15-2012 at 09:49 PM […]
- Are we just out of 8 months worth of payments.. they suddenly stopped accepting payments.Forum: Bank of America Home Loans Posted By: FrustratedInSoCali Post Time: 05-15-2012 at 09:35 PM […]
- Done with Citi - Loan Mod process a jokeForum: Citi Mortgage Posted By: done with citi Post Time: 05-15-2012 at 09:01 PM […]
- need advice regarding my fannie mae mod please!Forum: Loan Modification Posted By: trixi Post Time: 05-15-2012 at 08:44 PM […]
- foreclosure refForum: US Bank Home Mortgage Posted By: squiz Post Time: 05-15-2012 at 08:10 PM […]
Real Estate News
Short Sales Complicate Local Real Estate Market
(Source: My Desert Brad Schmett) – Before you get too excited over the prospect of buying that La Quinta short sale property you found online, pick up the phone and call your real estate agent. He or she needs to [...]
Financial Turmoil Boosts Europe Real Estate
(Source: Bloomberg By Simon Packard) – Irish investor Aidan Brooks’s Tribeca Holdings Ltd. paid 13 percent more than the asking price for a shop on London’s Bond Street that generates slightly more income than a U.K. government bond. It beat [...]
Langford Says Demand for Commercial Real Estate is Huge
Aug. 17 (Bloomberg) – Guy Langford, national head of distressed asset and debt services at Deloitte & Touche LLP, talks about the outlook for the commercial real estate market. Langford speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.”
Dhahi for Regulation of Real Estate Sector
(Source: khaleejtimes) – Lieutenant General Dhahi Khalfan Tamim, Commander in Chief of Dubai Police, has advised caution on real estate development in the emirate, while calling for regulation of new projects.
America’s Recession-Resistant Cities For Real Estate
(Source: Forbes) – Since Standard & Poor’s downgraded the United States’ credit rating, the financial markets have ping ponged hundreds of points per day, dropping to 2008 levels only to inch back up. The July jobs report highlights a national [...]
China Real Estate 2Q Net Income Drops on Expenses
NEW YORK (Source: MSNBC) — China Real Estate Information Corp.’s second-quarter net income slid 59 percent, burdened by higher expenses and absent a hefty tax refund.
Homeownership Beats Renting in 74% of Major U.S. Cities
(Source: CVBT) – Buy? Or rent? The numbers come down in favor of buying in three out of four of the nation’s largest cities, according to the real estate information company Trulia Inc. of San Francisco.
Buying is Cheaper Than Renting in Most U.S. Cities
NEW YORK (Source: CNNMoney By Les Christie) – Home prices have taken such a beating and demand for rental units has increased so much that it’s now cheaper to buy a two-bedroom home than to rent one in most major [...]
Dollar Amount of Manhattan’s Distressed Real Estate Halves
(Source: The Real Deal Online) – The total dollar amount of Manhattan assets classified as distressed has halved since 2008, Crain’s reported, a sign that the market is rebounding at a healthy pace.
Paris Hilton Enters Real Estate Business
(Source: The Times of India) – Socialite Paris Hilton is following in her family’s footsteps as she is heading to the Philippines to launch a property venture.
Real Estate and the American Revolution
(Source: The Slate By François Furstenberg) – Ethan Allen was at various times: reckless speculator, captain of the continent’s largest paramilitary force, outlaw with a £100 bounty on his head, American Revolutionary commander, prisoner of war, best-selling author, radical Deist [...]
Dear Treasury, Investors Can Fix the Housing Market
(Source: The Atlantic) – Dear Treasury Secretary Geithner, First, kudos on your decision to stay on for the rest of your boss’s term. I know Goldman is aching to get you on board, but you’ll have plenty of time to [...]
Why the Fed Announcement Won’t Boost the Housing Market
(Source: Moneyland By Alison Rogers) – The Federal Reserve’s announcement this week that it would keep a key interest rate near zero seemed designed to be a chill pill — a way to calm jittery stock market investors by showing [...]
Chinese Pump $1 Billion Into NY Real Estate
(Source: NewsMax By Andra Varin) – As the song says, if you can make it there, you can make it anywhere. And that’s why Chinese investors are flocking to New York.
Washington Short-Sale Brokers will Fight License Revocation
(Source: In Man News) – A husband-and-wife broker team who specialize in short sales and bank-owned properties can continue to operate their business while they appeal a 10-year suspension of their licenses by Washington regulators.
Does a Short Sale in the Condo Complex Lower all Prices There?
(Source: The Boston Globe by Rona Fischman) – Mike wrote to me with a question that is on the mind of anyone who owns a condo in a building where there is a short sale or foreclosure.
Is a Short Sale Worth the Knock on my Credit?
(Source: By GARY M. SINGER Sun Sentinel) – Question: My townhome has lost about 25 percent of its value. I’m barely managing the payments. Similar homes in my complex are renting at less than half of what I am paying [...]
Getting Home Appraisal, Sale Price to Match is Getting Harder
(Source: By ALAN J. HEAVENS The Philadelphia Inquirer) – Financing a home purchase has become extremely difficult since the housing boom turned to bust. Getting an appraisal to match the price for which one’s lender has preapproved a mortgage can [...]
Florida Real Estate Markets Slip Amid Economic Worries, Political Infighting
GAINESVILLE, Fla. (Source: University of Florida News) — Economic worries and continued acrimony among lawmakers have claimed yet another casualty: The outlook for real estate markets in Florida declined slightly through the second quarter of 2011, according to a new [...]
As Investors, Chinese Turn to New York
(Source: New York Times By KIRK SEMPLE) – Chinese banks have poured more than $1 billion into real estate loans in New York City in the past year. Investors from China are snapping up luxury apartments and planning to spend [...]
U.S. Looks Outside the Box to Stem Housing Glut
(Source: By Jim Puzzanghera and Alejandro Lazo, Los Angeles Times) – Reporting from Washington and Los Angeles— With the real estate market continuing to drag down the economy, federal officials are seeking ideas from investors and others about ways to [...]
Is the Turmoil in D.C. Hobbling Its Housing Market?
(Source: Wall Street Journal By Robbie Whelan) – More signs of cracks are showing in the Washington, D.C. market, which has held up in the last year as the nation’s strongest, according to a report released Wednesday.
Short Sales Strong Through 2013
(Source: UPI) – Short sales will remain strong for the next several years as foreclosure inventories timelines grow even longer, according to the chief operating officer of Equator, a premier software platform for default servicers.
High Number of Homes in OC are Distress Sales
(Source: NBS Los Angeles By Vikki Vargas and Olga Spilewsky) – One out of every two homes sold in July in Orange County is a distress sale, which means it’s either a foreclosure or a short sale.
Stay Away From Real Estate Sector: Mavani
(Source : CNBC-TV18) – Stay away from the real estate sector, says Vivek Mavani, Vice President & Senior Portfolio Manager, Brics Securities.
The Ten Housing Markets That Will Collapse This Year
(Source: 24/7 Wall Street) – The real estate market is already in the deepest depression in modern U.S. history. If you think it can’t get any worse, think again. In several cities, the real estate market is about to drop [...]
Mortgage-Bond Selloff Threatens Rebound in U.S. Commercial Property Market
(Source: Bloomberg By Hui-yong Yu, Brian Louis and Sarah Mulholland) – The nascent recovery in U.S. commercial real estate may be cut short as Europe’s debt crisis and Standard & Poor’s credit downgrade of Treasuries send borrowing costs to their [...]
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