The research firm, Capital Economics, has found that housing has never been this undervalued, according to an article by Carrie Bay published in DSNews. The following is an excerpt from the article. “The continuing depreciation of residential property values at the end of last year has made housing look more undervalued ...
The following is a portion of an article published by DSNews today, March 3rd, 2011, regarding the short refi program. “As the House prepares to debate on the future of the Federal Housing Administration’s Short Refinance option, FHA Commissioner David Stevens implored House subcommittee members to give the program a ...
The following article was written by Heather Hill Cernoch for DSNews: The Department of Veteran Affairs (VA) has instructed mortgage servicers to pay relocation assistance to borrowers completing short sales or deeds-in-lieu (DIL) of foreclosure on VA loans. “VA has a longstanding policy of encouraging servicers to work with veteran borrowers ...
The housing market’s climb from the depths of depression is continuing at an uneven pace, and economists say signs point to further slow improvement in 2011. “The trend is starting to move in the right direction,” says Diane Swonk, chief economist at financial services firm Mesirow Financial. A string of ...
Homes sold without the help of a real estate professional dropped to a record low over the past year. According to the 2010 NAR Profile of Home Buyers and Sellers, unrepresented sellers made up only 11 percent of the market, down from 13 percent in 2009. Owners who sell their ...
The following is an excerpt from an article in DSNews by Carrie Bay. The sharp fall in residential property prices in the third quarter means that housing in the United States has become even more undervalued, according to the analysts at Capital Economics. Based on the latest S&P Case-Shiller index, ...
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