October 5, 2011 (Chris Moore) Real estate appraisers from across the country are feeling the heat from real estate agents, home builders, home sellers and buyers as an ever increasing amount of home purchases are cancelled due to low appraisals. […]
August 26, 2011 (Chris Moore) In last month’s RPX Composite Price Index Report, Radar Logic predicted that as a result of the virtually non-existent seasonal price bump, housing prices would set new post-bust lows this fall. In this months report the storm clouds start to brew as Radar Logic explains how the abundant signs of [...]
July 21, 2011 (Chris Moore) Radar Logic’s RPX Composite Price Index (CPI) for May declined 5.9 percent compared to May of 2010, continuing a pattern of year-over-year price declines that has accelerated since June of 2010 and was the fastest rate of decline in home prices since September 2009. […]
May 13, 2011 (Chris Moore) The massive delays in processing foreclosures threaten to prolong the effects of the current housing crisis and delay the ability of the housing market to recover. Like a ticking time bomb, the number of properties in the foreclosure inventory continues to expand as the amount of time it takes to [...]
March 9, 2011 (Chris Moore) Freddie Mac has posted a chart on its website in response to information that it feels was erroneous in an article by the New York Times. In the article, the author Binyamin Appelbaum, claims that Fannie Mae and Freddie Mac had slashed the requirements for down payments in recent years [...]
March 8, 2011 (Chris Moore) They come from all walks of life. From the guy next door, to celebrities, to even large prominent companies, strategic default is a growing option for more and more borrowers to take. The exact amount of strategic foreclosures is unknown but a recent study by the Federal Reserve Board showed [...]
February 23, 2011 (Shirley Allen) According to the RE/MAX National Housing Report, home sales in the 54 markets surveyed increased for the first time in six months. January 2011 sales increased 0.7 percent from January 2010 as the inventory of homes for sale continued a downward trend and is now 5.6 percent lower than last [...]
February 22, 2011 (Jeff Alan) The housing crisis which has famously ravaged Florida and the Southwest, is delivering a new wave of distress to communities once thought to be immune, where the housing boom was relatively restrained. In the last year, home prices in Seattle had a bigger decline than in Las Vegas. Minneapolis dropped [...]
February 21, 2011 (Jeff Alan) It’s a brave new world out there. There are more homes for sale than political promises, but getting a mortgage loan has never been tougher. The housing crisis has resulted in a boon of new regulations, with new mortgage-lending regulations to protect you from predatory lenders and many new underwriting [...]
