The Experts You Can Trust
Buying a home is more affordable today than in the last two decades, this according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). NAHB/Wells Fargo HOI data shows that 75.9 percent of all existing and new homes sold in the fourth quarter of last year were affordable to families earning …
Home Buying More Affordable Today Than in the Last 20 Years Read More »
Based on the data of CoreLogic – a leading provider of real estate information and analytics, close to 50,000 homes in Maryland have been foreclosed since 2006. Since January 2006 – the last days of the U.S. housing bubble, about 49, 600 homes in Maryland have been foreclosed by banks or mortgage servicers. This means …
About 50,000 Maryland Homes have been Foreclosed Since 2006 Read More »
Based on the data supplied by MRIS and Coastal Association of Realtors, home sales prices continue to fall statewide in Maryland. Median home sale price fell by 6.7 percent between December 2010 and December 2011 in Maryland. The median home sale price statewide in December 2010 was $239,007; while the median home sale price in …
During his recent State of the Union address, President Obama said these are the facts: “In 2008, the house of cards collapsed. We learned that mortgages had been sold to people who couldn’t afford or understand them.” President Obama proposed a plan that would give responsible homeowners an opportunity to refinance their mortgages. As mortgage …
The average days to foreclose is up to 348 nationwide; over 800 days in New York, New Jersey and Florida, this according to the 2011 year-end foreclosure report released last Thursday by RealtyTrac. A total of 2.69 million foreclosure filings – including default notices, scheduled auctions and bank repossessions – were reported this year. The …
Foreclosure Processing Timelines Continue to Increase, RealtyTrac Reports Read More »