Forecasting Home Price Recovery

Home prices in many areas are already rebounding from the bottom of the market, according to the March HomeValueForecast.com update from Pro Teck Valuation Services. This month, the company explores the turnover rate, which is the number of non-distressed sales divided by the total housing stock in a particular market. Pro Teck says this calculation …

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Time share scam tips

Timeshares seem like the best vacation ever–resort vacation, your trip destination planned in advance, fixed or floating times to use your unit, manicured grounds, good food…  But what happens when you get tired of it? Those fees add up, the time share locations can get boring–and you may want to sell your time share. Unfortunately, …

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Another Drop in Home Prices in 2011

Home prices in 2011 fell by 4.7 percent, according to CoreLogic–for the fifth straight year.  However, that decrease is due in large part to distressed sales, since once CoreLogic excluded short sales and REOs, prices declined only by 0.9 percent. Year-end data from CoreLogic shows home prices fell by 4.7 percent over 2011. It marks …

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Three mortgage mistakes to avoid

The mortgage market is in a state of tumult these days. Rates are bizarrely low, but many homes are worth much less than the mortgage balances they secure. People are still losing their homes left and right, but millions of mortgage applications of creditworthy borrowers are being rejected every year. Against this backdrop, it’s really …

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