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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: Lenders
Reverse Mortgages Are Backfiring on Some Seniors
Experts argue reverse mortgages often are being used today for all the wrong reasons. Seniors now have less home equity, less savings, and more debt. “This was originally contemplated as something you could draw money from over a long period … Continue reading
Posted in Real Estate News
Tagged Aarp, Advocates, Borrowers, Home Equity, Home Values, homes millbrae, Hud, Lenders, Mortgage Counselor, Mortgage Loans, Mortgage Rates, One People, Period Of Time, Prospective Borrower, Reverse Mortgage, Reverse Mortgages, Robert Bennett, Safeguards, Seniors, Transparency, Valuable Tool
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Foreclosures Fall Due to New Laws
Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading
Posted in Real Estate News
Tagged Borrowers, California Home Sales, Cash Purchases, Consumer Confidence, Dataquick, Delinquencies, Delinquent Properties, Dubious Distinction, Foreclosure Sales, Foreclosures, homes millbrae, January 1st, John Walsh, Legal Changes, Lenders, Low Mortgage, Mortgage Rates, New Laws, Realtytrac, Southern California, Spectacular Job
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Builders Bump Up Thanks to Drop in Existing Home Supply
Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high. There are just 2.1 million existing homes for sale, which is a … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Borrowers, Current Sales, Existing Home Sales, Favorable Prices, Fence, Foreclosures, Home Builder, homes millbrae, Lenders, March 1, Mortgage Relief, Nahb, National Association Of Home Builders, National Association Of Realtors, National Mortgage, Negative Sentiment, New Home Builders, Principal Reduction, Rutenberg, State Attorneys
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Home Builders Need Mortgage Bankers to Keep Recovery Alive
A jump in signed contracts to buy newly built homes in September brought volumes to the highest level since April of 2010, when the home buyer tax credit temporarily infused the housing market. The median price of a newly built … Continue reading
Posted in Real Estate News
Tagged Consumer Protection, Distressed Properties, Exclamation Point, Federal Reserve, Fine Balance, Home Builders, Home Buyer, homes millbrae, Housing Market, Infusion, Lenders, Median Price, Mortgage Applications, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Market, Mortgage Rates, Murmurs, Refinances, Tax Credit, Uncertainty
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Foreclosures, default notices plunge
The deluge is over. Foreclosures and default notices in California and the Bay Area have subsided back to their 2007 levels. Foreclosures are still running about double historical averages, but are a far cry from the sky-high levels during the … Continue reading
Posted in SF Bay Area News
Tagged Christopher Thornberg, Consulting Firm, Dataquick, Decline, Default Notices, Delinquencies, Deluge, Discovery Bay, Downward Trajectory, Far Cry, Financial Shock, Foreclosure, Foreclosureradar, Foreclosures, Groundwork, Healing Process, homes millbrae, Lenders, Mortgage Payments, No Doubt, Pace
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