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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
Tag Archives: Foreclosed Homes
Obama to push for reform of mortgage giants
The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading
Posted in Real Estate News
Tagged Administration Official, Administration Officials, Backdrop, Borrowers, Cnbc, Crux, Diana Olick, Federal Reserve, First Time Buyers, Foreclosed Homes, Homeownership, homes millbrae, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Investors, Mortgage Rates, Mortgage Refinancing, Phoenix Market, Private Investors, Private Mortgage Market, Senior Administration
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Obama to push for housing reform of mortgage giants
The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading
Posted in Real Estate News
Tagged Administration Official, Administration Officials, Backdrop, Borrowers, Cnbc, Crux, Diana Olick, Federal Reserve, First Time Buyers, Foreclosed Homes, Homeownership, homes millbrae, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Investors, Mortgage Rates, Mortgage Refinancing, Phoenix Market, Private Investors, Private Mortgage Market, Senior Administration
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Housing Recovers, but the Repo Man Is Back
Foreclosures continue to ease in the formerly hard hit states, like California, Arizona and Nevada, as investor demand continues to prop up home prices and clear distress from those markets. Newly started foreclosures fell 63 percent from a year ago … Continue reading
Posted in Real Estate News
Tagged Arizona Foreclosure, Banks, Borrowers, Buyers And Sellers, Congress, Debt Forgiveness, Foreclosed Homes, Foreclosures, homes millbrae, Investor Demand, Isi, Mitigation Strategies, Mortgage Servicing, Overhang, Perspective, Principal Reduction, Repo Man, Risk, Tax Relief
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Foreclosure discounts shrinking away
Back in 2008 and 2009, foreclosed homes were selling for double-digit discounts, but nowadays savings are much slimmer, especially in some California cities, according to an analysis by real estate site Zillow. In Sacramento, buying a bank-owned property saves you … Continue reading
Posted in SF Bay Area News
Tagged Affordability, Bank Owned Homes, Bank Owned Property, Bus Tours, California Cities, Carrie Kirby, Chief Economist, Foreclosed Homes, Foreclosed Properties, Foreclosure Process, Freelance Writer, homes millbrae, Housing Market, Landlords, Long Distance, Pittsburgh Pa, Price Advantage, Real Estate Agents, Six Years, Stan Humphries, Zillow
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Investors rushing into real estate deals
Real estate investors – an increasingly potent force in the Bay Area market during the housing downturn – are rushing to lock up deals before rising home prices wipe out their chances for profits. Droves of cheap foreclosed homes are … Continue reading
Posted in SF Bay Area News
Tagged Brian Burke, Dataquick, Droves, Foreclosed Homes, Home Investor, homes millbrae, Investor Money, Jeff Lerman, Losing Proposition, Market Dynamics, National Landscape, Peak Values, Potent Force, Profit Margins, Real Estate Investment, Real Estate Investment Company, Real Estate Investors, Real Estate Lawyer, Retirement Income, San Rafael Real Estate, Stratospheric Prices
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