Category Archives: Uncategorized

Home Prices Increase – Underwater Homes Keeps Inventory Low

Tight market conditions fueling price increases – Home prices saw the largest spring gain in a quarter century during the three months through May, but the sluggish economy [..]

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CA Lawmakers Approve Homeowner Rights Bill

California lawmakers approved legislation Monday hailed as the nation’s most comprehensive push to strengthen homeowner rights since the housing meltdown, acting despite opposition from the banking and finance [..]

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Shortgage of Homes For Sale Causing Fierce Competition

The newest problem for the slowly improving housing market isn’t a shortage of serious buyers, it’s a shortage of good homes.

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Shadow Inventory: 45 Months to Clear Distressed Housing Supply

It will take at least 45 months to clear the market’s supply of distressed homes, or the shadow inventory, according to estimates from Standard & Poor’s Rating Services [..]

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Foreclosures Up In More Than Half of Major Cities

A $25 billion settlement approved in March brought new standards and relief requirements for struggling homeowners, however, since the guidelines are still not in place … the craziness [..]

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What is the Foreclosure Timeline in California?

Understanding the TRUST DEED FORECLOSURE TIMELINE in California By Frank Verni When you find yourself in the position of not being able to make your mortgage payments, it is [..]

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Pitfalls When Buying Foreclosure Homes

Due to the mortgage crisis that our country faced over the last several years, there are continually more and more foreclosure properties that are being put up for [..]

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The Top 12 Reasons Why You Should Hate the Mortgage Settlement

Posted: 02/ 9/2012 8:46 am by Yves Smith As readers likely know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma [..]

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Home Prices Continue to Slide in Latest Case-Shiller Report

Tue, 2012-01-31 17:04 — National Mortgage Professional Magazine Data through November 2011, released by S&P Indices for its S&P/Case-Shiller Home Price Indices, showed declines of 1.3 percent for [..]

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