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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
Why ‘Fiscal Cliff’ Deal Will Help the Housing Recovery
The housing market is on firmer ground today, as two major tax provisions survived the “fiscal cliff.” Congress did not touch the mortgage interest deduction, and it extended tax relief for one year on mortgage debt forgiveness. “An extension of … Continue reading
Posted in Real Estate News
Tagged Aggressive Stance, Borrowers, Debt Forgiveness, Debt Relief, Guggenheim Partners, Home Values, homes millbrae, Housing Market, Joseph A Smith, Joseph A Smith Jr, Loan Balance, Mortgage Debt, Mortgage Interest Deduction, Principal Balance, Principal Reduction, Principal Relief, Securities Group, Streamlined Procedures, Tax Break, Tax Provisions, Tax Relief
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Mortgage Recovery Still Rocky
The trouble is, the banks are close to finishing their obligations under the settlement, and the largest, Bank of America, will not continue to offer principal reduction afterward. “The programs then going forward will provide for similar relief, but I … Continue reading
Higher-End Homes Finally Selling Again
“While there’s still a risk that the fiscal cliff will derail the housing recovery, the balance between supply and demand suggests that, if anything, the risks around our forecast of a 5 percent increase in house prices next year are … Continue reading
Posted in Real Estate News
Tagged Affordability Index, Bank Repossessions, Banks, Bump, Buyers And Sellers, Current Sales, Decade, Decent Job, Delinquent Loans, Diggle, Foreclosures, Homes For Sale, homes millbrae, House Prices, Job Creation, Miller Tabak, New Nightmare, Realtors, Sales Pace, Skilled Workers, Supply And Demand
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Rising Mortgage Rates Spook Housing
“Despite the Federal Reserve’s announcement last week that it would purchase an additional $45 billion in Treasury securities per month as part of its continuing quantitative easing effort, rates increased in the second half of the week,” said Mike Fratantoni, … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cash Investors, Cohort, Consumer Spending, Federal Reserve, Harp, homes millbrae, Housing Industry, Housing Market, Housing Starts, Mba, Miller Tabak, Mortgage Rates, National Association Of Home Builders, Northeast Mortgage, Owner Occupants, Qe3, Quantitative Easing, Robust Recovery, Second Half, Treasury Securities
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