Real Estate

$26 Billion Settlement To Speed Up & Increase Foreclosure Activities, Experts Say

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Experts say that the recently approved $26 billion foreclosure settlement will pave the way to the eventual increase in new foreclosure activities. Even as the number of U.S. foreclosure filings in the 1st quarter of 2012 has been the lowest since the 4th quarter of 2007, this does not mean that foreclosures are easing up, …

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Fed Sanctions Foreclosure to Rental Approach

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As some banks are venturing into rental activities as part of their disposition  strategies, the Federal Reserve issues its policy statement regarding this matter. The Fed’s policy statement says that the “Federal Reserve’s regulations and policies permit the rental of residential other real estate owned (OREO) properties to third-party tenants as part of an orderly …

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March 2012 Real Estate Market Statistics for Prince George’s County, MD

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In Prince George’s County we see the number of home sales down year over year the same as Charles and Calvert. In addition the average price has dropped but only .5% year of year is nothing to get concerned about when looking at a one month snap shot. Days on market stayed the same from …

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March 2012 Real Estate Market Statistics for Calvert County, MD

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  As with Charles County the number of closed units is down year over year and for much of the same reason.   Statistic Values YoY MoM Total Sold Dollar Volume $16,735,648 -46.25% +46.43% Closed Sales 57 -40% +29.55% Median Sold Price $279,900 +1.78% +20.13% Avg Sold Price $293,608 -10.42% +13.04% Avg Days on Market …

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March 2012 Real Estate Market Statistics for Anne Arundel County, MD

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instead of just the raw data for Anne Arundel County do you like this format better?       Statistic Values YoY MoM Total Sold Dollar Volume $141,521,775 -2.09% +31.56% Closed Sales 430 +9.14% +26.84% Median Sold Price $283,850 +2.66% +10.45% Avg Sold Price $329,120 -10.29% +3.72% Avg Days on Market 134 days +3.88% +3.08% …

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