Tag Archives: Corelogic

Mortgage alert: Borrowers change how they cheat

The good news: Fewer borrowers are lying on their mortgage applications. The bad news: The remaining cheaters may be pulling a more dangerous scam. Instead of inflating their home prices, they are now inflating their incomes and assets, according to … Continue reading

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Sales Soar as Manhattan Condos Kick Co-Op Prices

“They have may have re-financed, and they may have taken out a second mortgage,” said Jonathan Miller, CEO of Miller Samuel, a real estate appraisal and consultancy. “When they bought the home they may have figured out a way to … Continue reading

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Rising Rates Scare Borrowers Into Action

Roughly 10 million refinances took place over the past two years, although that may include borrowers who have refinanced more than once, according to Inside Mortgage Finance. From mid-2011 to mid-2012, rates dropped by 100 basis points, making it worthwhile … Continue reading

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Housing Recovery Shows Up In Job Gains

Residential construction jobs increased by just over 6,000 in April from the previous month, according to the Bureau of Labor Statistics, and residential specialty trade contracting jobs (plumbers, electricians, roofers, etc.) grew by over 7,000. Those workers need more trucks, … Continue reading

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San Francisco Real Estate Market Shows Home Price Increase That’s …

North Beach San Francisco Right now cash is king. Homes are consistently going for over list price with multiple offer scenarios being commonplace. San Francisco, CA (PRWEB) January 31, 2013 The San Francisco market is seeing a great seller’s market. … Continue reading

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