Local and Real Estate News
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Below is a graph that shows the real estate activity in the Wood River Valley, i.e. Sun Valley, Elkhorn, Warm Springs, Ketchum, Hailey and Bellevue areas. The chart shows the percent of properties that are financially distressed properties, i.e. short sales and/or bank owned REOs. If you have any questions regarding the chart please feel …
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Raise a glass to winemaker Chateau Ste. Michelle, which has won this year’s Battle of the Brands. In the final showdown for bragging rights as Washington’s Most Respected Brand, online voters gave Woodinville-based Chateau Ste. Michelle the edge over Seattle’s Windermere Real Estate . More than 20,000 online votes overall were cast in last week’s …
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View all Bank Owned REO listings currently available for purchase listed in the Sun Valley Board of Realtors MLS database. These are not Short Sales subject to lenders approval, these are homes owned by various banks, Fannie Mae, Freddie Mac, etc., that are ready to purchase and close without extended negotiations with both the seller …
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U.S. homes nearing foreclosure accounted for 12 percent of total sales in the second quarter as banks agreed to more transactions at prices below the outstanding mortgage balance, RealtyTrac Inc. said. The proportion of sales of homes in default or scheduled for auction rose from 10 percent a year earlier and was little changed from …
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Daily Real Estate News | Friday, August 19, 2011 Housing affordability continued to be near record highs in the second quarter, hovering near its highest level in the 20-plus years it has been recorded, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. About 72 percent of all new and existing-homes sold …
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Associate Broker for Windermere Real Estate, Hailey – Sun Valley. George started his real estate career in 1975 in the Seattle area. In 1977 he received an award for his 1st “Million Dollar Month” when homes averaged apx $40,000. He is a Graduate of the Realtor Institute. George has been in top 1% in nation …
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WASHINGTON (AP) — Foreclosures made up roughly one-third of all home sales this spring. While that’s a smaller share of sales from the previous quarter, it’s six times the percentage of foreclosures in a healthy housing market. Foreclosure sales, which include homes purchased after they received a notice of default or were repossessed by lenders, …
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The federal government would like to sell some of its huge portfolio of foreclosure homes to investors who will rent them out. These are houses with loans backed by Fannie Mae, Freddie Mac and the Federal Housing Administration that lenders and investors have foreclosed on and handed back to these federally owned agencies to take …
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According to Microsoft, the future of consumer behavior is all about online, and that has brought with it an opportunity for advertisers to understand. The future of consumer behavior lies online – and that’s brought with it an opportunity for advertisers to understand their audiences better than ever, says one of Microsoft’s top online consumer …
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People buying homes in the country’s most expensive housing markets likely will face pricier mortgages starting in the fall.That’s when the current conforming mortgage limits are scheduled to expire, with limits for the most expensive markets falling to $625,500 from $729,750 in the contiguous U.S. On Friday, however, two lawmakers introduced a bill in the …
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WALNUT CREEK, Calif., July 11, 2011 The PMI Group, Inc. (NYSE: PMI) today announced that Homeowner Reward Co., a PMI subsidiary, is launching an innovative new pilot program intended to support sustainable homeownership in certain hard-hit real estate markets. Under the new program The PMI Group will offer cash incentives to some homeowners in negative …
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WASHINGTON, DC July 5, 2011 — The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the June edition of the Obama Administration’s Housing Scorecard– a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as home prices turned slightly upward, …
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Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of REALTORS®. The Pending Home Sales Index rose 8.2 percent to 88.8 in May from an upwardly revised 82.1 in April and …
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As buyers wade back into the market, there’s plenty of information to be found online. And that may be more trouble than it’s worth. arlier this year, a client asked Troy Deierling, a realtor in Sedona, Ariz., to set up appointments for three homes he’d seen online. Those viewings never happened: In spite of their …
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Monday, June 20th, 2011, 1:24 pm The Department of Housing and Urban Development launched a long-awaited program to provide interest-free loans to help unemployed borrowers in 27 states with their mortgage payments. “Through the Emergency Homeowners’ Loan Program the Obama Administration is continuing our strong commitment to help keep families in their homes during tough …
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Windermere Real Estate, Sun Valley – Hailey, Idaho @ George Martin, Jr. Associate Broker
