2012 is on track to become a record year for short sales, according to a report from foreclosure data aggregator RealtyTrac. Sales of U.S. homes in the foreclosure process, typically short sales, rose 33 percent year over year, to 35,000, in January. A total of 32 states saw annual increases in short sales, and 12 [...]
Archive of posts tagged listings
2012 could be record year for short sales
12 May 2012, 8:26 am
Tagged 2012, average, Bank of America, borrowers, buyers, delinquent borrowers, distressed properties, Fannie Mae, Federal Housing Administration, foreclosure data, foreclosure process, foreclosures, forecloure sales numbers, Freddie Mac, government, homebuyers, increases, lenders, listings, PNC Financial, properties, property, real estate owned sales, RealtyTrac, REO, residences, residential, sale, sales, servicers, short sales, short-sellers, trend, U.S. homes, underwater mortgages
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Home seller pitfalls to avoid
7 May 2012, 8:21 am
Six years after the market peaked in 2006 and prices started to decline, many sellers are still in denial about the current market value of their homes. It’s difficult for most sellers to accept the reality of today’s home-sale market, whether they bought at or near the peak and will lose money selling today, or [...]
Tagged agents, appraiser, buyers, communities, comparable sales, current market value, home price, home prices, home sellers, home-sale markets, homeowners, homes, homesellers, homeselling, house hunting, houses, housing markets, listings, market value, neighborhoods, overpay, owners, pitfalls, price accommodation, properties, property, real estate market, real estate markets, refinance appraisals, residences, residential, sale, sellers
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6 signs a home will hold its resale value
24 April 2012, 9:24 am
Buying at a low price does have a downside Most buyers have a wish list of features they’d like to have in a home. Often missing from that list is how salable the home will be when they later decide to sell. Generally, buyers deal indirectly with resale value. They want a home they can [...]
Tagged buyers, buying, C.A.R., California Association of Realtors, CAR, deals, Dian Hymer, features, home buyers, homebuyers, homebuying, homes, houses, housing markets, housing recession, Inman News, listings, low price, market value, markets, priced, properties, property, real estate markets, resale value, resales, residences, residential, sell
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