Image from Pixabay When a homeowner is unable to continue making the monthly mortgage payments on their home, they are often faced with the choice of a short sale vs foreclosure. There are several important factors to consider before choosing one option over the other and time is usually a major factor in the availability… Continue reading Short Sale vs Foreclosure: A Distinct Difference You Should Know
Category: Foreclosure
Foreclosures Rise 18%
The epidemic of foreclosures is rising, according to newly released figures from RealtyTrac, despite a slight slowdown in activity during the month of May. Year over year foreclosures rose 18%. Foreclosure filings, including default notices, scheduled auctions and bank repossessions were reported on 321,480 properties during the month, a decrease of 6% from April. The… Continue reading Foreclosures Rise 18%
Metropolitan Real Estate Forecasts
The top 25 largest metropolitan real estate market forecasts in the U.S are listed from the largest cities based on population density and the number of homes to the smallest. The forecasts that compile this list are taken from the 230 cities annually forecast by Housing Predictor analysts after collecting data on more than 20… Continue reading Metropolitan Real Estate Forecasts
Next Real Estate Boom Not Till 2020
A boom in the majority of the nation’s real estate markets won’t develop again until at least sometime after 2020, according to the consensus of opinion of Housing Predictor analysts. The credit crunch, which was started by a fuselage of new creative financing products, including aggressive adjustable rate subprime mortgages and specially designed loans for… Continue reading Next Real Estate Boom Not Till 2020
Housing Predictor Poll Results 2009
Survey Says Congress Will Fail in Economic Crisis An overwhelming majority of Americans believe Congress and other government policymakers will fail in their efforts to get the U.S. economy straightened out and halt the foreclosure epidemic, according to a new Predictor Poll. The online survey was completed Sunday and it found that 81% of those… Continue reading Housing Predictor Poll Results 2009
Foreclosure Crisis – “I Wouldn’t Have Bought the House”
Barbara MacGregor and her husband are a lot like a lot of other people. They had never owned a home. Barbara would look through the newspaper occasionally dreaming about some day owning a home with her husband, but she new they couldn’t really afford one in high priced Southern California real estate. At the grocery… Continue reading Foreclosure Crisis – “I Wouldn’t Have Bought the House”
National Real Estate Recession Hits
Troubled by the mortgage melt down and falling home prices, the U.S. housing market has fallen into a national real estate recession, according to the latest analysis by Housing Predictor. The over-whelming majority of local real estate markets are either in housing recessions or battling to keep their economies strong enough to keep from declining.… Continue reading National Real Estate Recession Hits
News Releases from Housing Predictor
News releases are posted from the newest to the oldest. The news releases posted here are for the use of news organizations, web site owners and bloggers, who want to keep their visitors up to date on the latest Housing Predictor news. They are provided here for you to copy and paste on to your… Continue reading News Releases from Housing Predictor
U.S. Real Estate Market Rebound
Recovery Forecast Not Until 2011 The U.S. real estate market will take at least three years to recover from its massive slump and it wont fully rebound from the mortgage mess until at least some time in 2011, Housing Predictor forecasts. Housing Predictor analysts forecast the overall U.S. economy will suffer from a recession as… Continue reading U.S. Real Estate Market Rebound
Housing Predictor Poll Results 2009
Predictor Poll Results 2009 Survey Shows America Wants Claw-Backs Apparently sick and tired of the way the U.S. government is handling the economy, more than 2 out of 3 surveyed say they want Congress to institute new laws to force corporate executives to return money they received as bonuses in the financial crisis, according to… Continue reading Housing Predictor Poll Results 2009