Category Archivefor: ‘News’
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LEHIGH ACRES, Fla.—Joseph Reilly lost his vacation home here last year when he was out of work and stopped paying his mortgage. The bank took the house and sold it. Mr. Reilly thought that was the end of it. In June, he learned otherwise. A phone call informed him of a court judgment against him …
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Below is a list of the zip codes people live that have visited my personal real estate website, within the past 45 days. A high percentage of visitors stay on the site in excess of 60 minutes ing for properties. According to the 2010 Profile of Home Buyers and Sellers released by the Association …
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New York, September 27, 2011 – Data through July 2011, released today by S&P Indices for its S&P/Case-Shiller 1 Home Price Indices, the leading measure of U.S. home prices, showed a fourth consecutive month of increases for the 10- and 20-City Composites, with both up 0.9% in July over June. Seventeen of the 20 MSAs …
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The number of Americans who bought previously occupied homes rose in August. But the sales were driven by an increase in foreclosures, a sign that home prices could fall further next year and slow a housing recovery. The National Association of Realtors said Wednesday that home sales rose 7.7 percent last month to a seasonally …
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For the 56th straight month, Nevada continued to have the highest foreclosure rate in the country, where one in every 118 homes received a foreclosure filing during August, according to the latest figures from RealtyTrac. Nationally, 1 in every 570 households received a foreclosure filing in August. Meanwhile, five states accounted for 53 percent of …
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The federal government is increasing efforts to help distressed homeowners avoid foreclosure with new public service announcements about programs that could lower their monthly mortgage payments. The departments of Treasury, and Housing and Urban Development, have joined with the nonprofit Ad Council in a series of new television, radio, print, and online spots to inform …
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Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month. A notice of default is the first stage of the foreclosure process in non-judicial foreclosures states, that is, where foreclosures do not go before a …
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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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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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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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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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Windermere Real Estate, Sun Valley – Hailey, Idaho @ George Martin, Jr. Associate Broker
