The following is an excerpt from an article written by Carrie Bay for DSNews: New data released by RealtyTrac Thursday shows that distressed homes – including those in default, scheduled for foreclosure auction, and REO – accounted for 25 percent of all U.S. residential sales in the third quarter. These ...
The following article was written by Nick Timiraos for The Wall Street Journal, published November 29, 2010: In April, the Obama administration formally rolled out a new program, called Home Affordable Foreclosure Alternatives, that was designed to spur more short sales, where banks allow homeowners to sell their homes for ...
Join us for an Open House in Stonehaven Subdivision this Saturday, December 4th! This is a joint Open House featuring six homes in the neighborhood, Showcase Realty will be presenting 6217 Ropley Court. We look forward to seeing you this Saturday! Click the flyer to view more pictures of the ...
The following is an excerpt of the article, “Moody’s Forecast for Housing and the Economy: Dim” by Carrie Bay for DSNews: The analysts at Moody’s Investors Service are downbeat in their outlook for both the U.S. economy and the housing market. In the agency’s ResiLandscape report issued last week, they ...
Join us for our Success in Distress Workshop for Agents! Wednesday December 8th 3:00 p.m. – 5:00 p.m. -Learn how to sell a HUD Home from the Owner and Broker-In-Charge of a HUD Registered Firm -Gain insight into how to successfully sell foreclosures, short sales and distressed properties -Pertinent mortgage ...
Reposted from a www.CDPE.com Blog entry: According to the Federal Reserve Bank of New York, 2.7% of current mortgage balances transitioned to delinquency, up from 2.6 percent last quarter. Additionally, industry research firm Foresight Analytics predicts residential mortgage delinquencies at 13.3% for the third quarter. New threads are popping up ...
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