Housing Sales Explode Overnight
Even the First Couple take jump on the sudden sales bandwagon. Palm Coast, FL – April 1, 2011 – When will the housing market turn around? Wait no longer. This RISMedia video has shocked thousands.
Author Archive for: toby
Entries by Toby Tobin
Seriously Delinquent Mortgage Volume Hits Two-year Low
The percentage of seriously delinquent mortgages (those 60 or more days delinquent or delinquent loans to bankrupt borrowers) at Dec. 31 dropped to a level not seen since the second quarter of 2009. Palm Coast, FL – March 31, 2011 – The percentage of mortgages classified as seriously delinquent within the portfolios of large banks […]
Foreclosure Aid Fell Short, and Is Fading: House Votes to End HAMP
Tens of billions of dollars remain unspent and hundreds of thousands of homeowners have been rejected. Now the existence of the main program, the Home Assistance Modification Program, is in doubt. Palm Coast, FL – March 30, 2011 “We wait and wait, and they keep saying it’s coming,” said James Tyson, 50, a Philadelphia homeowner […]
Palm Coast City Council Discuss Plans for Community Center(s) at Workshop
Everyone agrees there is no money to pay for a new center, but planning goes forward nonetheless. Palm Coast, FL – March 29, 2011 – The Palm Coast City Council heard a "Community Center Concept Plan" presentation from its Parks and Recreation Department at the today’s workshop. The presentation envisioned a 40,000 square foot building as a […]
Real Estate: It’s Time to Buy Again
Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. This is a VERY IMPORTANT read. Palm Coast, FL – March 29, 2011 From his wide-rimmed cowboy hat to his roper boots, Mike Castleman fits moviedom’s image of the lanky Texas rancher. On […]
February Pending Home Sales Rise
Pending home sales increased in February but with notable regional variations, according to the National Association of Realtors®. Palm Coast, FL – March 29, 2011 – Pending home sales increased in February but with notable regional variations, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator, rose 2.1 percent […]
Homeowner Equity: How Home Ownership Impacts Wealth – Part Two
Part two of a two-part look at how long term home ownership affects wealth accumulation. Palm Coast, FL – March 28, 2011 – Despite the national scope of the housing downturn, our look into the latest equity picture reminds us that real estate is incredibly local. For instance, 55 metropolitan areas have had positive price […]
Ongoing MERS Lawsuits May Hurt Current RMBS
DBRS said it has found a lack of consistency among courts who have addressed MERS’ legal standing in situations where a foreclosure is filed on a servicer’s property that is assigned to MERS. Palm Coast, FL – March 28, 2011 – Ratings agency DBRS says a lack of consistency when it comes to court rulings on […]
Homeowner Equity: How Home Ownership Impacts Wealth – Part I
Part I of a two-part look at how long term home ownership affects wealth accumulation Palm Coast, FL – March 27, 2011 – NAR Research has looked at the equity a homeowner might have in a home owned for 5, 10, 15, and 20 years if it were purchased at the median price. This analysis […]
Economic Indicators: Weekly Update – March 26
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – March 26, 2011 – Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give […]