Foreclosure Outlook: Opportunities Galore
Foreclosure Crisis
James Foxx / October 6th, 2011
When it comes to foreclosures, there are pros and cons to the entire situation. On one hand, homeowners are losing their homes due to an inability to pay their mortgage payments as a result … More »
Banks Offer Incentives to Attract Homebuyers and those Looking to Refinance
Bank Foreclosures
John Evan Miller / October 5th, 2011
The news is filled with talks about the horrible economic situation of our economy and the continuously struggling real estate market. From the lack of confidence in the Obama … More »
Is Now the Time to Buy Real Estate?
Cheap Houses
James Foxx / October 4th, 2011
The short answer? Probably. The long answer? Probably – but it depends. Let’s take a deeper look at the question and the potential answers for homebuyers and More »
The $1 Billion Loan Program Comes to an End
Foreclosure Crisis
James Foxx / October 3rd, 2011
In an effort to provide some relief to struggling and unemployed homeowners, the federal government provided $1 billion in funding to assist homeowners that lost their jobs and have been … More »
Unemployment, Consumer Confidence, and Lending Standards Affect Pending Home Sales
Foreclosure Crisis
James Foxx / September 29th, 2011
When you take a look of the real estate market from the outside looking in, the first thing you think is “Wow, there are great investment opportunities.” Home prices are … More »
Operation Twist Prompts a Drop in Mortgage Rates and an Increase in Mortgage Applications
Bank Foreclosures
James Foxx / September 28th, 2011
Over the last few months there have been mixed reports in regards to the real estate market. It appears as though one month foreclosures are down and mortgage applications are up and the … More »
Freddie Mac Makes a Costly Error in Analysis
Bank Foreclosures
James Foxx / September 27th, 2011
Everyone can probably recall the settlement between Freddie Mac and Bank of America back in December/January that left Bank of America paying $1.35 billion in an effort to settle a dispute … More »
Short Sales Apparently Not for Real Estate Beginners
Foreclosure Short Sales
James Foxx / September 26th, 2011
Short sales have become incredibly popular in the real estate market over the past four years – mainly because underwater homes have proliferated to the point where almost one out of … More »
The National Association of Realtors Spends $7 Million in Lobbying Efforts
Fannie Mae Foreclosures
John Evan Miller / September 23rd, 2011
A recent report indicates that the National Association of Realtors spent over $7 million in the second quarter alone in lobbying efforts. From Congress to the Federal Communications … More »
Luxury Real Estate Market Indicates Recovery
Foreclosure Crisis
James Foxx / September 22nd, 2011
Multimillion dollar homes are actually causing bidding wars that leave the sellers with a nice chunk of change in their pocket and has the closing rate near the level of 2007 in many areas. … More »
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