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HousingPulse Distressed Property Index Rises in March
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You're Now Reading:
HousingPulse Distressed Property Index Rises in March
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
HousingPulse Distressed Property Index Rises in March
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

April 26, 2011 (Jeff Alan)
mortgage-distressed-image
Nearly half of the homes on the housing market are now distressed properties according to the latest HousingPulse Distressed Property Index (DPI) report released by Campbell/Inside Mortgage Finance as part of the HousingPulse Tracking Survey. The DPI rose to 48.6 percent in March, the second highest level seen in the past 12 months.

As a result, one of the problems reported by respondents who contribute to the report was that the high proportion of distressed properties on the housing market has lead to difficulties for appraisers to find recently sold non-distressed properties to gauge value.

However, as a positive sign, short sales increased from 17.0 percent in February to a record high 19.6 percent in March, and the proportion of damaged distressed properties in March fell from 14.9 percent in February to 12.0 percent in March. Damaged distressed properties play even more havoc on the ability of appraisers to gauge home values by distorting the value of comparable sales. Smaller amounts of damaged distressed properties should affect appraisals less in the coming months.

Additionally, the Tracking Survey contains the Homebuyer Traffic Index (HTI), which registered a slowdown in owner-occupant activity in March as both current homeowners and first-time home buyers activity fell from 52.5 in February to 52.1 in March. The HTI for investors increased slightly from 57.1 in February to 57.2 in March.

The Campbell/Inside Mortgage Finance HousingPulse Tracking Survey involves more than 3,000 real estate agents nationwide each month and provides up-to-date intelligence on home sales and mortgage usage patterns.

Tags: Campbell/Inside Mortgage Finance, HousingPulse Tracking Survey, Distressed Property Index, Homebuyer Traffic Index, distressed property, appraisers, gauging value, investors

Source:
Campbell/Inside Mortgage Finance
ForeclosureLisings.com (image)

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

April 26, 2011 (Jeff Alan)
mortgage-distressed-image
Nearly half of the homes on the housing market are now distressed properties according to the latest HousingPulse Distressed Property Index (DPI) report released by Campbell/Inside Mortgage Finance as part of the HousingPulse Tracking Survey. The DPI rose to 48.6 percent in March, the second highest level seen in the past 12 months.

As a result, one of the problems reported by respondents who contribute to the report was that the high proportion of distressed properties on the housing market has lead to difficulties for appraisers to find recently sold non-distressed properties to gauge value.

However, as a positive sign, short sales increased from 17.0 percent in February to a record high 19.6 percent in March, and the proportion of damaged distressed properties in March fell from 14.9 percent in February to 12.0 percent in March. Damaged distressed properties play even more havoc on the ability of appraisers to gauge home values by distorting the value of comparable sales. Smaller amounts of damaged distressed properties should affect appraisals less in the coming months.

Additionally, the Tracking Survey contains the Homebuyer Traffic Index (HTI), which registered a slowdown in owner-occupant activity in March as both current homeowners and first-time home buyers activity fell from 52.5 in February to 52.1 in March. The HTI for investors increased slightly from 57.1 in February to 57.2 in March.

The Campbell/Inside Mortgage Finance HousingPulse Tracking Survey involves more than 3,000 real estate agents nationwide each month and provides up-to-date intelligence on home sales and mortgage usage patterns.

Tags: Campbell/Inside Mortgage Finance, HousingPulse Tracking Survey, Distressed Property Index, Homebuyer Traffic Index, distressed property, appraisers, gauging value, investors

Source:
Campbell/Inside Mortgage Finance
ForeclosureLisings.com (image)

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

April 26, 2011 (Jeff Alan)
mortgage-distressed-image
Nearly half of the homes on the housing market are now distressed properties according to the latest HousingPulse Distressed Property Index (DPI) report released by Campbell/Inside Mortgage Finance as part of the HousingPulse Tracking Survey. The DPI rose to 48.6 percent in March, the second highest level seen in the past 12 months.

As a result, one of the problems reported by respondents who contribute to the report was that the high proportion of distressed properties on the housing market has lead to difficulties for appraisers to find recently sold non-distressed properties to gauge value.

However, as a positive sign, short sales increased from 17.0 percent in February to a record high 19.6 percent in March, and the proportion of damaged distressed properties in March fell from 14.9 percent in February to 12.0 percent in March. Damaged distressed properties play even more havoc on the ability of appraisers to gauge home values by distorting the value of comparable sales. Smaller amounts of damaged distressed properties should affect appraisals less in the coming months.

Additionally, the Tracking Survey contains the Homebuyer Traffic Index (HTI), which registered a slowdown in owner-occupant activity in March as both current homeowners and first-time home buyers activity fell from 52.5 in February to 52.1 in March. The HTI for investors increased slightly from 57.1 in February to 57.2 in March.

The Campbell/Inside Mortgage Finance HousingPulse Tracking Survey involves more than 3,000 real estate agents nationwide each month and provides up-to-date intelligence on home sales and mortgage usage patterns.

Tags: Campbell/Inside Mortgage Finance, HousingPulse Tracking Survey, Distressed Property Index, Homebuyer Traffic Index, distressed property, appraisers, gauging value, investors

Source:
Campbell/Inside Mortgage Finance
ForeclosureLisings.com (image)

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.