Lengthy foreclosure timelines carry hidden costs for homebuyers YYYC NEWS – Y Yes You Can.Com – Next year is an election year, but that does not relieve us of our responsibility to carry out the people’s business. The American people did not elect us to govern in odd years, and campaign in even years. They expect us to get things done. That’s what we’ve accomplished over the past few weeks, and we need to carry this momentum into next year.
Zombie Foreclosure. shadow inventory. vampire properties. You may have heard these terms tossed around but didn’t really understand their meaning. In this post, learn more about these types of properties, why they matter and how you can find them for investments.
Obama Scorecard: Housing headed in right direction White House: In this week’s address, President Obama says that the economy is moving in the right direction, but there is still more. The rise of health care costs is slowing, too. And a housing.House to vote Monday on limiting GSE CEO pay Home >> Daily Dose >> Proposal to Limit Salaries for Top GSE Executives Advances in Committee. Salaries for Top GSE Executives Advances in Committee. of the pay raises was to "promote CEO.Natural hazards increase propensity of mortgage default "Our research demonstrates that borrowers, after controlling for their propensity to default based on traditional mortgage credit characteristics, default at a higher rate the higher the propensity of natural disaster is at the property level." Accounting for natural disasters
That would also imply pent-up demand. But it’s also possible that investors are putting. homes and short sales from the "shadow inventory" pipeline has been steady, Yun said. Sales of "distressed".
The reason the shadow inventory was thought to be bad news for the housing market was that when these homes finally did go up for sale, they would overwhelm the demand for housing, which had slowed in recent years due to the poor economy and sluggish population growth.
Mortgage Bankers Association adds 24 new members in September The provision will go into effect 120 days after the bill’s signing, which will be likely be in mid-September. "This new law. Industry Association, a trade group that includes 100 corporate members.
Many lenders were slow to put their inventory up for sale for fear of. Real estate investors may also benefit from the existence of shadow.
Where Did All The "Shadow Inventory" Homes Go? Foreclosure is that black sheep of the real estate industry that could mean great deals for the unexpected homeowner, but overall long-term decreasing property values and demand in the market. It’s kind of a double-edged sword, really.
What Ever Happened to the Big, Bad Shadow Inventory’ of. – · The reason the shadow inventory was thought to be bad news for the housing market was that when these homes finally did go up for sale, they would overwhelm the demand for housing, which had slowed in recent years due to the poor economy and sluggish population growth.
Cash investor snatching up metro Phoenix’s affordable houses – Investor named after mythical hellhound is snatching up metro Phoenix’s affordable houses. An investor named Cerberus wielding cash has snatched up almost 600 Valley houses priced below $300,000.
Gateway First Bank appoints head of community reinvestment, fair lending Your blog resource for current local news, events, and real estate market updates and real estate market news for Beryl, Beaver, Cedar City, Central, Enoch, Brian Head, duck creek village, Hurricane,
Shadow Inventory: What is It and How can it Benefit Real Estate Investors? Shadow Inventory: Many investors have been asking me about shadow inventory, what it means for real estate investors, and how it’s affecting the recovery. What is shadow inventory? "Shadow inventory" in real estate refers to properties that are already foreclosed on and bank owned (REO.)
The year-over-year improvement in resales, which extends back seven consecutive months to last September, was given a boost again in March by foreclosure-driven bargain. of local house hunters.