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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
New Nightmare for Home Builders: Not Enough Skilled Workers
Housing starts are finally coming off their lows of barely a half a million in 2009, and are now surging quickly up in to a rate of around 800,000 annualized, according to the U.S. Department of Commerce. While this is … Continue reading
Posted in Real Estate News
Tagged Beggar, Department Of Commerce, Destination States, Drastic Change, Grinding Halt, Half A Million, Home Builders, homes millbrae, Housing Market, Housing Starts, Job Corps, Liaison, Linda Thomas, Lows, Momentum, New Nightmare, Private Lender, Resumes, Six Months, Skilled Workers, U S Department
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Housing Recovery Depends on Slashing Mortgage Debt
(Read More: Mortgage Deduction Is Popular, but Few Claim It) “The prospect of being taxed on potentially tens or hundreds of thousands of dollars in additional income may motivate more distressed homeowners to forgo a short sale and allow the … Continue reading
Posted in Real Estate News
Tagged Additional Income, Amherst, Bank Of America, Blomquist, Borrowers, Daren, Distressed Homeowners, Foreclosure, homes millbrae, Hundreds Of Thousands, Joseph A Smith, Loan Balances, Mortgage Debt, Mortgage Deduction, Mortgage Interest Deduction, Principal Reduction, Principal Relief, Quagmire, Realtytrac, Securities Group, Thousands Of Dollars
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New Foreclosures Plummet, but Fall Is Temporary
As such, the impact on foreclosure starts, while significant now, is likely to be temporary as the industry adapts to the new requirements, according to LPS’s Herb Blecher. In other words, the settlement designed to protect borrowers from faulty foreclosure … Continue reading
Posted in Real Estate News
Tagged Amherst, Bank Owned Homes, Bill Of Rights, Blecher, Borrowers, California Homeowners, Foreclosure Proceedings, Foreclosures, Goodman, homes millbrae, Housing Market, January 1, Legislation, Lps, Mortgage Applications, Mortgage Deduction, Pace, Pipeline, Principal Reduction, Twelve Months
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How Rising Home Prices May Actually Stall the Recovery
Home prices have been rising steadily for the past several months, but some fear the rapid increase could actually start hurting the housing recovery. The reason is that the rise in prices is mainly due to investors, mostly large hedge … Continue reading
Posted in Real Estate News
Tagged Bidding Wars, Borrowers, Case Shiller Home Price Index, Credit Scores, Diggle, Economics Today, First Time Buyers, Foreclosure, Hedge Funds, Home Price Index, homes millbrae, Influx, Inventories, Investment Demand, Losses, Mortgage Market, National Housing, Paces, Rapid Increase, Time In History, Witness
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Pending Home Sales Surge to Five Year High
Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring contracts to purchase existing homes surged 5.2 percent in October from September. The monthly gauge of pending home sales from the National Association … Continue reading
Posted in Real Estate News
Tagged Antidote, Association Of Realtors, Chief Economist, Consumer Confidence, Distressed Properties, Gauge, homes millbrae, Housing Affordability, Housing Market, Hurricane, Industry Index, Job Creation, Midwest, Momentum, Mortgage Interest Deduction, Nar, National Association Of Realtors, Obama, Quite Some Time, Steady Job, Steam
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