Mortgage Defaults Surge Higher

By Kevin Chiu Mortgage defaults, the first step homeowners face in the foreclosure process, surged higher during the month of June demonstrating an increase in future anticipated foreclosures growing at the fastest rate in more than a year, according to Lender Processing Services, a real estate data supplier which tracks defaults. The surge in mortgage… Continue reading Mortgage Defaults Surge Higher

Markets Forecast to Rise with Housing Inflation

In a turning point that demonstrates U.S. housing markets are making a recovery, Housing Predictor is forecasting that local markets in seventeen states will experience housing inflation in 2011. The states are dominated by the Mid-west and most Northern regions that were less affected by harmful new mortgage lending products during the real estate bubble,… Continue reading Markets Forecast to Rise with Housing Inflation

2010 Montana Housing Market

Protected by more conservative mortgage lending standards and less outside influences, Montana’s housing markets haven’t crashed like many other areas of the country. Few foreclosures and lower priced homes have had a stabilizing impact. But the slowdown in home sales is nagging at markets. Housing sales slowed in most of the state and then got… Continue reading 2010 Montana Housing Market