Tag Archives: Banks

2013 real estate kicks off with inventory crisis

Many economists have their predictions for how the real estate market will perform in 2013, but one thing that is certain and that will likely play a large role is that there are a lot less available homes for sale. … Continue reading

Posted in SF Bay Area News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , , , | Leave a comment

One Overlooked Fact About the Housing Recovery

As federal regulators and banks argue over whether new lending standards will make mortgage credit too tight or too expensive, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright. … Continue reading

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

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

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