The Experts You Can Trust
Home prices will decline only a little this year and home prices will bottom by 2013, this according to the June 2012 Zillow Home Price Expectations Survey. “This is the first time the individual economists surveyed were largely in agreement on the trajectory of home prices nationally, signaling that a true bottom may be imminent,” …
U.S. Home Prices to Bottom by 2013 – Zillow Survey Says Read More »
Homeowners who were victims of foreclosure processing abuses could each receive up to $125,000 from mortgage lenders, this according to the Office of the Comptroller of the Currency (OCC) and the Federal Reserve. The OCC and the Federal Reserve are the two government agencies that oversee the Independent Foreclosure Review. This foreclosure review is different …
Homeowners to Collect Up to $125,000 as Compensation for Foreclosure Processing Abuses Read More »
The latest housing statistics of the Maryland Association of Realtors (MAR) show that homes sales and homes prices increased in May this year. For the month of May this year, a total of 5,328 home units were sold. This was a 10.5% increase as compared to the 4,822 home units sold in May last year. …
Maryland’s May 2012 Home Sales and Home Prices Rise Read More »
Home sales that were in some stage of foreclosure or bank owned accounted for 26% of all U.S. home sales during the first three months of 2012, this according to the latest U.S. foreclosure sales report of RealtyTrac. This first quarter of 2012 distressed properties sales data is up from 22% in the preceding quarter …
Foreclosures Comprise 26% of U.S. Residential Sales in 1st Quarter of 2012 Read More »
There are two ways where you can buy foreclosed homes: first is through “auctioned on the courthouse steps,” and second, via buying from the bank. Auctioned on the Courthouse Steps Before a bank can repossess a house, the bank has to go through the auction process. In this auction process, the general public can …