Posted on February 25, 2010 by rashadhart
The share of homes on the market with price reductions declined to an average of 21 percent as of Feb. 1, according to Trulia.com, which has been tracking the information since April 2009. This is a significant decrease compared to November 2009, when 26 percent of homes had at least one price reduction The total [...]
Filed under: Bank Owned/REO, First Time Home Buyer, Foreclosures, Real Estate Investor, Seattle, Uncategorized | Tagged: WA REO, Seattle REO, WA Real Estate, Bank Owned/REO, Real Estate Investor, Foreclosures, Economy, Home Sellers, Home Buyers, Mortgage, Bank Owned Property, Bank Repossessions, Foreclosure, Real Estate, Financial services, Business, Freddie Mac, Real estate owned, Investor, Investing, Seattle, Mortgage-backed security, Supply and demand, Mortgage loan, King County, U.S. Housing Market, reo | Leave a Comment »
Posted on February 24, 2010 by rashadhart
The Internal Revenue Service has clarified which documentation taxpayers need to submit to claim the first-time and move-up homebuyer tax credit. While the IRS is still requiring the filing of Form 5405, it is not demanding that all parties’ signatures be on the HUD-1 settlement document in areas where requiring both the buyer and the [...]
Filed under: Bank Owned/REO, First Time Home Buyer, Foreclosures, Real Estate Investor, Seattle, Uncategorized | Tagged: Bank Owned Property, Bank Owned/REO, Bank Repossessions, Business, Economy, Federal Reserve System, Financial services, Foreclosure, Foreclosures, Home Buyers, Home Sales, mortgage news, Real Estate, Real Estate Investor, Seattle, seattle foreclosure, Seattle Real Estate, Seattle REO, Tax, Tax Credit, U.S. Housing Market, WA Real Estate, WA REO | Leave a Comment »
Posted on February 24, 2010 by rashadhart
The Mortgage Bankers Association is seeing signs that the foreclosure crisis is ending. “The continued and sizable drop in the 30-day delinquency rate is a concrete sign that the end may be in sight,” says Jay Brinkmann, MBA’s chief economist, in a published statement. Brinkmann said that normally there is a large spike in short-term [...]
Filed under: Bank Owned/REO, First Time Home Buyer, Foreclosures, Real Estate Investor, Seattle, Uncategorized | Tagged: WA REO, Seattle REO, Seattle Real Estate, WA Real Estate, Bank Owned/REO, Real Estate Investor, Foreclosures, Economy, Home Buyers, Bank Owned Property, Bank Repossessions, Business, Freddie Mac, Real estate owned, Supply and demand, Real estate pricing, U.S. Housing Market, seattle foreclosure, reo | Leave a Comment »
Posted on February 24, 2010 by rashadhart
Home prices across the U.S. rose for the seventh straight month in December, and were also up in Seattle, a sign of price stability as the housing market continues its bumpy road to recovery. The Standard & Poor’s/Case-Shiller 20-city home-price index released Tuesday rose 0.3 percent from November to December to a seasonally adjusted reading [...]
Filed under: Bank Owned/REO, First Time Home Buyer, Foreclosures, Real Estate Investor, Seattle, Uncategorized | Tagged: WA REO, Seattle Real Estate, WA Real Estate, Bank Owned/REO, Real Estate Investor, Foreclosures, Economy, Home Sellers, Home Buyers, Bank Owned Property, Bank Repossessions, Real Estate, Home Sales, Financial services, Business, Real estate owned, Investor, Seattle, Federal Reserve System, Supply and demand, King County, Real estate pricing, U.S. Housing Market, Case-Shiller index | Leave a Comment »
Posted on February 22, 2010 by rashadhart
Construction of new homes rose to an annual rate of 591,000 in January, up 2.8 percent from December when the revised rate was 575,000, the Commerce Department announced Wednesday. Meanwhile, the monthly home builder confidence scale rose two points in February to 17. The National Association of Home Builders Chair Bob Jones said, “Builders are [...]
Filed under: Bank Owned/REO, First Time Home Buyer, Real Estate Investor, Seattle, Uncategorized | Tagged: Bank Owned Property, Bank Owned/REO, Bank Repossessions, Economy, Foreclosure, Foreclosures, Freddie Mac, Home Buyers, Home Sales, Investor, King County, Real Estate, Real Estate Investor, Real estate pricing, reo, Seattle, seattle foreclosure, Seattle Real Estate, Supply and demand, U.S. Housing Market, WA Real Estate, WA REO | Leave a Comment »
Posted on February 20, 2010 by rashadhart
According to the most recent REALTORS® Confidence Index, buyers continue to be discouraged with the extended short sale process, which frequently results in foreclosures that could have been prevented. New resources from the National Association of REALTORS® aim to help REALTORS® and consumers successfully navigate the short sale process to help more home owners avoid [...]
Filed under: Bank Owned/REO, First Time Home Buyer, Foreclosures, Real Estate Investor, Uncategorized | Tagged: WA REO, Seattle REO, WA Real Estate, Bank Owned/REO, Real Estate Investor, Foreclosures, Home Buyers, Mortgage, Bank Owned Property, Bank Repossessions, Foreclosure, Real Estate, Financial services, Freddie Mac, Fannie Mae, Real estate owned, Investor, Investing, National Association of Realtors, Real estate pricing, seattle foreclosure | Leave a Comment »
Posted on February 18, 2010 by rashadhart
Home prices rose in more than a third of U.S. metropolitan areas in the fourth quarter, the National Association of Realtors said Thursday as it pointed to a “broad stabilization” in values. The median price for single-family home resales was up from a year earlier in 67 of the 151 U.S. metropolitan areas included in [...]
Filed under: Uncategorized | Tagged: WA REO, Seattle Real Estate, WA Real Estate, Bank Owned/REO, Foreclosures, Home Sellers, Home Buyers, Bank Owned Property, Bank Repossessions, Foreclosure, Real Estate, Home Sales, Business, Freddie Mac, Fannie Mae, Real estate owned, Investor, Investing, Seattle, Federal Reserve System, King County, National Association of Realtors, Real estate pricing, U.S. Housing Market, reo | Leave a Comment »
Posted on February 16, 2010 by rashadhart
Call it three birds with one stone: The federal government hopes to help low-down-payment home buyers, investors who fix up foreclosures, and communities burdened with too many bank-owned and foreclosed homes — all with one potentially far-reaching policy change. The Federal Housing Administration is revising its long-standing anti-flipping rules starting Feb. 1 and just might [...]
Filed under: Uncategorized | Tagged: WA Real Estate, Bank Owned/REO, Real Estate Investor, Foreclosures, Economy, Home Buyers, Mortgage, Bank Owned Property, Bank Repossessions, Foreclosure, Financial services, Business, Home insurance, Freddie Mac, Fannie Mae, Real estate owned, Mortgage Rates, National Association of Realtors, Real estate pricing, U.S. Housing Market, seattle foreclosure, reo | Leave a Comment »
Posted on February 11, 2010 by rashadhart
First the housing market tanked, eventually sending home prices down 30% from their 2006 peak. Then came warnings that commercial real estate would be the next shoe to drop — and that the problems could dwarf those in the residential market. Lately the signs of distress have become starkly visible: Prices of commercial property such [...]
Filed under: First Time Home Buyer, Mortgage, Real Estate Investor, Uncategorized | Tagged: WA REO, WA Real Estate, Bank Owned/REO, Real Estate Investor, Economy, Bank Owned Property, Bank Repossessions, Foreclosure, Home Sales, Financial services, Business, Fannie Mae, Investor, Investing, Federal Reserve System, Mortgage-backed security, Real estate pricing, U.S. Housing Market | Leave a Comment »
Posted on February 11, 2010 by yourmortgageplanner
In Pictures: The Severity Of The Foreclosure Crisis Depends On Where You Live
Filed under: Foreclosures | Tagged: Add new tag, Arizona, Business, California, Florida, Foreclosure, Real Estate, RealtyTrac, Washington D.C | Leave a Comment »