We all understand that this economy is difficult. In the aftermath of the real estate crash, many homeowners found themselves behind on their mortgage payments and in a difficult financial situation. The good news is that because foreclosures and bad financial news seem like the norm, ways up — and out of the situation — [...]
Posts Tagged ‘Sales’
In Real Estate Market, Short Sales On The Rise
March 1st, 2012
admin The five bedroom house on Maine Avenue in Cherry Hill was once the life of luxury. But now the home in an upper middle class neighborhood is in foreclosure, up for a sheriff's sale in March. View full post on real estate – Yahoo! News Search Results Share and Enjoy:
Short Sales Rise, More Banks View it as a Better Option
March 1st, 2012
admin Expect more lenders to agree to short sales this year as it increasingly becomes banks' prefered method for handling properties in default, rather than letting the homes fall into foreclosure. View full post on Daily News RSS Feed Share and Enjoy:
Appraisals Putting Less of a Dent in Home Sales
March 1st, 2012
admin Many in real estate and home lending say that today’s appraisal reports are hurting home sales. But one of the nation’s leading economists says that while appraisals had been impeding home sales, that is less the case today. Panelists at a National Association of Realtors conference during November in Southern California saw real estate appraisals [...]
Distressed Properties Nearly a Quarter of 2011 Real Estate Sales
March 1st, 2012
admin Posted To: MND NewsWire Sales of distressed real estate made up nearly a quarter of all single-family residential sales both in the fourth quarter of 2011 and the entire year according to information released today by RealtyTrac . Homes that were in some stage of foreclosure or lender-owned (REO) comprised 24 percent of the market [...]
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