Foreclosure Delays Stretch Imagination

Over the past month we noticed that Bank of America has been resuming foreclosures on loans originated by Countrywide. As you may recall in October BofA voluntarily imposed a foreclosure moratorium following the robo-signing scandal. We actually expected an increase in activity as lenders began to catch up after these delays and were instead surprised to see foreclosure activity drop in April.

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Even the Naysayers Are Saying To Buy Now!

Business School professors Eli Beracha of East Carolina University and Ken H. Johnson of Florida International University have done extensive research on which makes more sense financially:to rent or own a home. They published,Lessons from Over 30 Years of Buy versus Rent Decisions:Is the American Dream Always Wise? In their paper,the professors do not dispute the social benefits of homeownership:

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5 Reasons You Should Consider Selling Now

If you plan on moving anytime in 2011,you should strongly consider selling your house now rather than waiting. Here are five reasons why:1.) This is when your house will get the most exposure

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Shedding a Little Light on Shadow Inventory

Last week,we posted a blog titled:The Impact of Distressed Properties on Neighboring Values. In the article,we said there would be more distressed properties coming to market in the next six months and that these properties would via Shedding a Little Light on Shadow Inventory. . . . →Read More:Shedding a Little Light on Shadow Inventory

Almost 14,000 Houses Sold Yesterday

One of the biggest misconceptions in today’s housing market is that homes are not selling. That is simply not true. Last month’s Existing Sales Report from the National Association of Realtors (NAR) showed that homes were selling at an via Almost 14,000 Houses Sold Yesterday. . . . →Read More:Almost 14,000 Houses Sold Yesterday

May 2011
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