CoreLogic CLGX -0.46% , a leading provider of information, analytics and business services, today released its March Home Price Index (HPI®) report which shows that nationally home prices, including distressed sales, declined on a year-over-year basis by 0.6 percent in March 2012 compared to March 2011. On a month-over-month basis, home prices, including distressed sales, increased by 0.6 percent in March 2012 compared to February 2012, the first month-over-month increase since July 2011. Excluding distressed sales, month-over-month prices increased for the third month in a row. The CoreLogic HPI also shows that year-over-year prices, excluding distressed sales, rose by 0.9 percent in March [...] Click Here To View More
2012 Home Sale Predictions | S&P Case/ Shiller Housing Index Results
“The plunging collapse of prices seen in 2007-2009 seems to be behind us. Any chance for a sustained recovery will probably need a stronger economy.” For the third quarter, prices were down 1.2 percent from the previous quarter on a seasonally adjusted basis and were down 3.9 percent from the third quarter a year ago. Compared to a year ago, price declines in the 20 cities continued to improve in September and were down 3.6 percent after a year over year decline of 3.8 percent the month before. WARNING: Short Sales…love em or hate em…they are here to stay! Go [...] Click Here To View More
Banks Cash For Keys Paying $10-$30,000.00 | Defaulted Borrowers Paid To Move
In default, losing your home to foreclosure and running low on cash? No worries! ……your friendly mortgage company may soon be offering you cold hard cash to move. We have been hearing from Harris Real Estate University students across the US that banks have become very aggressive with their cash for keys offers….defaulting borrowers are now receiving $10,000…$20,000…$30,000+ to vacate the home. You read that right…someone hasn’t made a payment (potentially for years) yet they are getting a little nice golden parachute as they retire from their lives as squatters… ..oh..and another thing. NO DEFICIENCY JUDGMENTS! First, a partial article [...] Click Here To View More
Trulia’s Home Offer Report & Interactive Map Reveals Where Homebuyers Can Find Deep Discounts Across America
Today, Trulia launched its Home Offer Report to help give homebuyers and sellers the upper hand – whether they’re making an offer or putting their home on the market. This brand new quarterly report and interactive price reductions map offers ZIP-code level insights on when the first price reduction occurs in your neighborhood, where the [...] Click Here To View More
Trulia’s Home Offer Report & Interactive Map Reveals Where Homebuyers Can Find Deep Discounts Across America
Today, Trulia launched its Home Offer Report to help give homebuyers and sellers the upper hand – whether they’re making an offer or putting their home on the market. This brand new quarterly report and interactive price reductions map offers ZIP-code level insights on when the first price reduction occurs in your neighborhood, where the [...] Click Here To View More
Real Estate Recovery Slow and Steady | 2011 Home Sales Predictions.
More information on last weeks NAR pending home sales report…. Worth noting is the fact that the real estate industry is recovering despite difficult lending standards, no government intervention (buyer credit). Americans clearly believe in homeownership and that isn’t going to change anytime soon. The National Association of Realtors (NAR) released their Pending Home Sales Report for March showing home sales increasing with the seasonally adjusted national index climbing 5.1% since February while remaining 11.4% below the level seen in March 2010. From the National Association of Realtors Chief Economist, Laurence Yun: “Since reaching a cyclical bottom last June, pending home sales [...] Click Here To View More
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