Mortgage, US Real Estate

Underwater Borrowers Regain Equity as Home Prices Rise

By Mike Wheatley | March 21, 2013
Underwater homeowners have been given a tremendous boost by rising home prices over the last 12 months, with more than 1.7 million borrowers regaining equity by the end of 2012. This means that there are now 38.1 million homeowners with equity in the US, according to the latest report from CoreLogic.
Mortgage, Real Estate, Residential, US Real Estate

Summer Foreclosures on Their Way - Should we be Worried?

By Mike Wheatley | April 3, 2012
Real estate experts have been warning for months now that we can expect to see a flood of new foreclosures on the market this summer. With more foreclosures, this will surely be the trigger for home prices to drop even further. So, is it time for homeowners to start worrying again?
Mortgage, Real Estate, Residential, US Real Estate

“High-Risk” Renters to Get a Credit Rating Boost

By Mike Wheatley | January 11, 2012
Renters who have a good history of paying their bills on time may be about to benefit from a boost to their credit rating. A recent reports suggests that timely rent payments will now taken into account when calculating credit scores, giving a boost to renters who make it a habit to pay their rent on time.
US Real Estate

Real Estate Connect NYC 2012 Focuses on Innovation in Action

By Tavis J. Hampton | December 2, 2011
In January 2012, representatives from numerous tech companies will visit New York for the Real Estate Connect conference. The theme for this year is “Innovation in Action”. The annual conference brings together influential people from the worlds of real estate and technology.   Among the industry-leading thinkers and innovators featured this year are: Phil Libin, […]
Real Estate, Residential, US Real Estate

Poor Housing Markets Present Golden Opportunity for Scammers

By Mike Wheatley | November 15, 2011
It seems that no matter how good or bad housing markets are performing, real estate fraudsters will always find some way to con homeowners out of their money. But scammers are doing particularly well out of the current economic downturn, taking advantage of hundreds of desperate homeowners, according to a report in MarketWatch. Schemes involve […]
Real Estate, US Real Estate

CoreLogic Report Shows House Prices Fell During August

By Mike Wheatley | November 3, 2011
Average property prices in the US have fallen for the first time in four months, according to CoreLogic’s report for August, which showed a 0.4% decrease in prices. The August Home Price Index (HPI) also showed that distressed sales had reduced by 4.4% compared to one year ago. CoreLogic also reported that sales prices fell […]
Home Builders/Developer's, Real Estate, US Real Estate

New Home Starts Increase in September, But Are Still at Half The Normal Levels

By Allison Halliday | October 20, 2011
Homes were built in September at their fastest pace in the last 17 months, according to a report in USA Today, but while this should help boost economic growth and create jobs it's still too early to say if it signals a recovery. Most of the homes built were apartment buildings. Single-family homes, which accounts […]
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