A Housing Recovery : Not So Fast

Stocks of home builders have had an impressive run recently, thanks to a stream of improving macroeconomic data, including home sales and consumer confidence, climbing an average of 38% since March 9. But will the recovery last? Recent gains in long-dated U.S. Treasury yields augur rising mortgage rates, while the likelihood of increasing foreclosures could [...]

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Posted August 28, 2009 by ][-NooM-][ under More Real Estate

Analysts Hoping the North Texas Real Estate Market has Hit Bottom

Has the Dallas Fort Worth housing market finally bottomed out? Many real estate experts hope so. Let’s look at the facts: – Pre-owned, single-family home sales in North Texas dropped nearly 25 percent in May from the previous year, according to the North Texas Real Estate Information Systems Inc. and the Texas A&M University Real [...]

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Posted August 3, 2009 by ][-NooM-][ under More Real Estate

Californians Face Foreclosure Despite Loan Modifications

Foreclosures are soaring in California with 473,652 foreclosed homes and thousands more nearing foreclosure. California continues to have the highest number of foreclosures regardless of the government intervention loan modification programs. The Federal Government under Obama’s direction implemented a Making Homes Affordable Campaign, which is designed to help homeowners stay in their homes by lowering [...]

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Posted July 25, 2009 by ][-NooM-][ under More Loans, More Real Estate

Californians Face Foreclosure Despite Loan Modifications

Foreclosures are soaring in California with 473,652 foreclosed homes and thousands more nearing foreclosure. California continues to have the highest number of foreclosures regardless of the government intervention loan modification programs. The Federal Government under Obama’s direction implemented a Making Homes Affordable Campaign, which is designed to help homeowners stay in their homes by lowering [...]

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Posted July 24, 2009 by ][-NooM-][ under More Loans

A Housing Recovery : Not So Fast

Stocks of homebuilders have had an impressive run recently, thanks to a stream of improving macroeconomic data, including home sales and consumer confidence, climbing an average of 38% since March 9. But will the recovery last? Recent gains in long-dated U.S. Treasury yields augur rising mortgage rates, while the likelihood of increasing foreclosures could further [...]

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Posted July 23, 2009 by ][-NooM-][ under More Real Estate

Foreclosures and Houses With Multiple Mortgages

Buying a foreclosure is a bargain, right? If you have been looking for a house for a while, you may have thought of this as an option to get more for your money. With Canadian mortgage rates at all time lows, many people are turning away from a Toronto refinance in exchange for selling their [...]

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Posted July 8, 2009 by ][-NooM-][ under More Real Estate