Tag Archives: Mortgages

Housing: Picking Up the Pieces

As for home building, which had surged to a peak of just over two million housing starts earlier in the decade, by October 2007 builders were starting about half that at 1.2 million. Today, while coming back, starts are still … Continue reading →

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US Homeowners Rise Above Water on Mortgages

The negative equity numbers also don’t say anything about whether or not the loans coming out from underwater are delinquent. While the overall delinquency rate dropped dramatically in the fourth quarter of 2012 to 7.09 percent of all loans, according … Continue reading →

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Americans Are Using Their Houses as ATMs Again

With home prices up 8 percent year-over-year in December, according to the latest reading from CoreLogic, homeowners are regaining home equity at a fast clip—1.4 million borrowers rose above water on their mortgages through the end of September. That number … Continue reading →

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Foreclosure Deals: 2013′s Best and Worst

Phoenix, San Francisco, Los Angeles, Detroit and San Diego all saw a drop in foreclosure activity. But the numbers went the opposite direction in Tampa, Miami, Baltimore, Chicago and New York. “Markets with increasing foreclosure activity in 2012 took the … Continue reading →

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Pending Home Sales Fall Due to Dwindling Supply

The Realtors’ monthly index fell 5.4 percent in the Northeast month-to-month, rose 0.9 percent in the Midwest, fell 4.5 percent in the South and fell 8.2 percent in the West. The West, and its severely distressed markets like Phoenix and … Continue reading →

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