Category Archives: Real Estate News

Apartments reap rewards of rising rates

“I am scared, in part due to the fact that my father and mother had a lot of problems with their mortgage and due to the job market,” said Charles Desanpedro Jr., a renter in Northern New Jersey. (Read More: … Continue reading

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Fast rising mortgage rates are dire for housing

Hanson is predicting a 19 percent jump in contract cancelations for the home builders for sales made between December 2012 and June of this year. That is because 70 percent of homes sold in that time were not built yet, … Continue reading

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Foreclosures fall even as judges ramp up

U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading

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Fast Rising Mortgage Rates Are Dire for Housing

Hanson is predicting a 19 percent jump in contract cancelations for the home builders for sales made between December 2012 and June of this year. That is because 70 percent of homes sold in that time were not built yet, … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Foreclosures Fall Even as Judges Ramp Up

U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment