Here we go again… we have discussed Automated Appraisals (- Computer Generated Appraisals) in the past and we are still experiencing the same challenges. Computerized Models Are...
Tag Archives: market update
Bank of America to resume foreclosures
By Aaron Smith, staff writer – NEW YORK (CNNMoney.com) — Bank of America said earlier last month that it was ending its hiatus on foreclosure sales, and promised to get its...
Bull vs. Bear: Will housing rebound?
An interesting read to say the least… let me know your thoughts! As seen in CNN Money – Posted by Nin-Hai Tseng, writer-reporter- December 27, 2010 It’s a question...
Mortgage Rates May Have Hit Bottom…
By LYNNLEY BROWNING – THE NEW YORK TIMES MORTGAGE rates in 2010 were the lowest in six decades, but a recent and sustained increase may indicate that consumers can expect to pay...
What do the banks know… that the typical home sellers may not?
If you are thinking about selling your home, you must read this! The typical equity seller must be willing to think, act and behave just like a bank owned home or risk facing the...
Test-Driving Homeownership
When buyers–or their banks–aren’t quite ready to commit, rent-to-own can be the answer. By SARAH MAX In October 2008 Ashley and Jason Repaal packed up their rental home near...
Banks are in a difficult situation…
Banks and the government have struggled to get the current foreclosure situation under control. The modification programs have helped many families avoid foreclosure. However, the...
More Foreclosures Expected in 2011
What does that mean to you if you are buying? Selling? By AMY HOAK @ the WSJ Brace yourself for another rough year in housing: The number of foreclosures is expected by many to...
Good article Lew. Shouldn’t they do this? I would think that it should be common practice, however what happens if the clients credit becomes compromised? There is nothing in the...
Luxury home prices are still heading down…
Very good and well written article with keen insight from some of Orange Counties well known agents. What are your thoughts? While Southland housing values overall have rebounded from...