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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: Foreclosure
Homes Selling at Fastest Pace Since Boom
While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading
Posted in Real Estate News
Tagged 3 Years, Boom, Cnbc, Diana Olick, Distressed Properties, Facebook, First Time Home, First Time Home Buyers, Foreclosure, homes millbrae, Homes To Buy, Interest Rates, Mortgage Applications, Mortgage Rates, Nar, Pace, Price Gains, Processing Services, Realtors, Time Home Buyers, Wage Growth
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Housing Foreclosures Start to ‘Flare-Up’ Again
In California, foreclosures slowed dramatically last year due to a new law designed to protect homeowners, the California Homeowner Bill of Rights, and due to the $25 billion National Mortgage Settlement with mortgage servicers over so-called “robo-signing” foreclosure paperwork fraud. … Continue reading
Posted in Real Estate News
Tagged Bill Of Rights, California Foreclosures, California Real Estate, California Real Estate Market, Cnbc, Decline, Diana Olick, Facebook, Flare, Foreclosure, Foreclosureradar, Fraud, Government Intervention, Home Lenders, homes millbrae, Mortgage Servicers, Motivated Sellers, No Worries, Owned Inventory, Paperwork, Upward Pressure
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Housing Recovery Leaves Some Behind
To add to the delays, now some non-judicial states are seeing a big jump in backlogs due to new state laws that while attempting to safeguard borrowers, are delaying the foreclosure process in general. Nevada instituted a new law criminalizing … Continue reading
Posted in Real Estate News
Tagged Backlog, Backlogs, Bank Repossession, Bill Of Rights, Borrowers, Distressed Loans, Distressed Properties, Foreclosure, Foreclosures, Home Values, homes millbrae, Inventories, Liquidation, Mortgage Delinquencies, New Mortgage, Price Surge, Problem Loans, Processing Services, Rough Winter, Slowdown, State Laws
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