Notice Of Defaults Delayed As Banks Deal With Foreclosures
I'm sure you've all seen the headlines from RealtyTrac today that show a new record for bank repossessions. In some of the news reports today, I've also heard TV anchors make mention of some bright news in the report, that Notices of Defaults (NOD's) are down 30...
NAR Report and CoreLogics Index Show Home Price Declines are Just Beginning; More Short Sales!
Check this out... National Association of Realtor's (NAR) Report: Residential Home Sales Down 27+% Sales at lowest level since 1999 Housing Inventory went up 2.5% 12.5 Months of Housing Inventory...just below record numbers of 12.9 Months CoreLogic Report: 36 States...
Bank Foreclosures Set New Record In August…
Well, we certainly have felt the squeeze from major lenders NOT extending trustee sales...even in our active short sales... The reason comes as no surprise, as banks have allowed homeowners to "live rent free" due to the mass amount of homes mortgages that are in...
Unemployment,Under Water Loans,Shadow Inventory…Chase Predicts Housing Recovery In 2014
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