Home prices are expected to slowly stabilize in the new year, according to the experts at any rate, but this is unlikely to affect the different in opinion between buyers and sellers, who will most likely continue to be at odds with each other over property values in 2012.
Home Appraisals Continue to Derail Housing Markets
November 8, 2011 by
Home appraisers are continuing to be an obstacle in the way of sales, with more than a third of real estate professionals blaming them for delaying or canceling proposed contracts in the first six months of this year. This marks a staggering increase of 29% on the number of deals blocked by appraisers in 2010,
7% Rise in Mortgage Applications Last Week
August 3, 2011 by
Applications for new mortgages rose last week, increasing by more than 7% over the week before, according to new reports from the Mortgage Bankers Association. The refinance index saw an increase of 7.8%, while the real gauge for mortgage requests, the purchase index, jumped up by 5.1%. According to MBA research and economics vice president
US Banks Are Still Robo-Signing
July 19, 2011 by
In March the major mortgage lenders in the US said they would stop dodgy foreclosure proceedings which caused such scandals last year, but according to a Reuters investigation many are still continuing to use techniques such as robo-signing. Their investigation has found that many loan providers are continuing to file foreclosure documents that have been
US Mortgage Debt Slashed By $100 Billion In The Last Year
May 18, 2011 by
A recent article on the USA Today website reported that American homeowners have managed to trim $100 billion off of mortgage debts over the past year. Apparently, there are a number of contributing factors to the reduction of the US’s yearly mortgage debt, such as refinancing of mortgages, lower interest rates and homeowners choosing
Americans Lose Interest in Home Ownership
April 20, 2011 by
What with the lowest housing prices in a generation, you would think that anyone in a position to buy a home would jump at the chance. But in fact, as Victoria Pauli concurs, the housing collapse has made many people think twice about home ownership.
