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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Category Archives: Real Estate News
US Home Prices Surge Despite Distress
Just six states, Delaware, Illinois, Connecticut, New Jersey, Rhode Island and Alabama saw annual price depreciation. New Jersey still has a huge backlog of distressed properties, as does Illinois. Arizona, Nevada and California are seeing big home price gains, as … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Backlog, Banks, Connecticut, Delaware, Depreciation, Distressed Properties, Distressed Sales, Earnings, Employment Growth, Foreclosures, Homes For Sale, homes millbrae, Housing Prices, Investors, National Association Of Realtors, Price Gains, Ramp, Rhode Island, U Turn
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Rentals Chip Away at Home Builder Gains
“Single family starts did ‘improve’ suddenly early in 2012 on the Twist gap down in mortgage rates, but it quit ‘improving’ several months ago. Once 2013 data start to come in, the segment could quickly go from year-over-year positive to … Continue reading
Posted in Real Estate News
Tagged All Time High, Cantor Fitzgerald, Cash Investors, Family Apartments, First Time Home, First Time Home Buyers, Gap, Home Builder, homes millbrae, Housing Market, Limited Supply, Low Mortgage, Lows, Market Rents, Mortgage Rates, Mortgage Underwriting, Mud Developers, Necessary Numbers, Red Flags, Reis Inc, Time Home Buyers
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Housing Crisis: New Rules Hit Mortgage Servicers
The nation’s five largest banks service about half of all mortgages, but recently they have been selling those servicing rights to so-called “specialty servicers,” like Ocwen and Nationstar, whose stocks have been soaring. These companies specialize in delinquent mortgages. The … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cfpb, Common Sense, Crediting, Delinquencies, Delinquent Mortgages, Department Of Justice, Director Richard, Enforcement Regime, Exponentially, Federal Regulator, Foreclosure, homes millbrae, Mandates, Monthly Statements, Mortgage Servicers, Nationstar, Ocwen, Poor Job, Richard Cordray, State Attorneys
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After Eight Months, Home Builder Confidence Stalls
Current sales conditions remained unchanged, sales expectations over the next six months fell one point, and buyer traffic gained one point. Regionally, home builders were less confident in the Northeast and Midwest, but gained confidence in the South and particularly … Continue reading
Posted in Real Estate News
Tagged Banks, Chief Economist, Confidence, Current Sales, David Crowe, Distressed Properties, Eight Months, Home Builder, Home Builders, Homes For Sale, homes millbrae, House Price, Influx, Midwest, Mortgage, Nahb, Nation Builders, Price Improvement, Rewards, Single Family, Six Months
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When Banks Walk Away, Homeowners Don’t Always Win
The trouble is, there are many borrowers who received delinquency notices or notices of default and thought they had to vacate. These were not notices of eviction or final foreclosure. Still, the borrower left before receiving the notice that the … Continue reading