Real Estate Infographic Tells The Big Story

Tag: housing crisis

Real Estate Infographic Tells The Big Story

Check out this really interesting infographic and article on the housing crisis and the state of the housing market. It’s presented from the perspective of someone getting ready to start their own life and find their American dream – someone just out of college. The interesting conclusion at the end of the article is that…  Continue Reading

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Foreclosures Down in September, Hit 5-Year Low

The latest foreclosure numbers are out, and the month of September showed the lowest rate of foreclosures since July 2007. It was the second month in a row that the numbers were down, following three months of increases. Year-over-year numbers for September showed a 16% drop, with the biggest declines in the states hardest hit…  Continue Reading

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HOPE NOW Releases May Short Sale Numbers

According to Faith Schwartz, executive director of HOPE NOW, short sales are drastically helping their overall foreclosure prevention efforts. The month of May brought nearly $38,000 completed short sales, bring the program’s total to over 900,000. In addition, 63,000 homeowners received permanent, affordable home loan modifications, with more than 17,500 through HAMP and 45,000 through proprietary…  Continue Reading

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Mortgage Delinquencies at Lowest Since 2008

Mortgage Delinquencies at Lowest Since 2008

Mortgage delinquencies have hit their lowest point in 4 years, according to the Mortgage Bankers Association, down from 7.58% to 7.4%. This includes mortgage payments that are at least one payment behind, but does not include loans already somewhere in the foreclosure process. The peak number was over 10%, during the height of the housing…  Continue Reading

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Looser Credit Standards Brings Housing Hope?

Looser Credit Standards Brings Housing Hope?

According to the analytics firm, Capital Management, the housing crisis will actually end this year, thanks to looser credit standards and availability for borrowers. Borrowers are required to have a credit score of 700 or higher to obtain a mortgage loan. This is consistent with numbers from a year ago. In addition, banks are “lending…  Continue Reading

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Housing Crisis Continues to Batter Nation’s Homeownership Rate

Housing Crisis Continues to Batter Nation’s Homeownership Rate

With the housing crisis still taking its toll, the nation’s homeownership rate slipped further during the first three months of this year. The U.S. Census Bureau reported Wednesday that the homeownership rate dropped to 66.4 percent at the end of the first quarter. It’s fallen back to a level not seen since 1998. Analysis of…  Continue Reading

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Register for Tonight’s IMPORTANT GSE Reform Update

Register for Tonight’s IMPORTANT GSE Reform Update

Good Morning, Back in July, a calculation was made as to how to frame the issues that concern real estate investors today. We framed the industry as a free market solution to the housing crisis, an industry that can protect taxpayers from Fannie and Freddie, and an industry that was ready to establish a permanent…  Continue Reading

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Jon Stewart on Bank Bailouts and Foreclosure Fraud

Jon Stewart on Bank Bailouts and Foreclosure Fraud

Jon Stewart’s take on the housing crisis from last night’s show is probably the most insight reporting I’ve seen to date about the recent revelations that banks hadn’t been “reading the fine print.” ~josh See The Daily Show

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Is the Bottom Still Years Away?

Is the Bottom Still Years Away?

It’s hard to find any two experts who agree on when we’ll hit the bottom of the housing crisis. We’ve seen predictions ranging from 2nd quarter of 2011 to the end of 2012. But more and more, we’re seeing predictions that run into 2013 and 2014, followed by a decade of slow improvement. While it’s…  Continue Reading

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Sign of the Times? Strategic Default More “Acceptable”

Sign of the Times? Strategic Default More “Acceptable”

It’s really a sign of the times – we’re so embedded in this housing crisis, and it’s becoming such a part of our culture that it’s actually losing some of its stigma. Get this – 36% of Americans now view strategic default – simply walking away from a mortgage – is acceptable, at least under…  Continue Reading

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Housing’s 10 Least Underwater Spots

Housing’s 10 Least Underwater Spots

While many areas across the country are feeling the housing crisis pinch, with high percentages of homeowners owing more on their home than it’s worth, there are actually parts of the country where there is a little more breathing room. Below is a list of two spots around the country where the amount of homeowners…  Continue Reading

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Home Appraisals Receiving Tighter Scrutiny

Home Appraisals Receiving Tighter Scrutiny

The days of quick home appraisals seem to be coming to an end, even at times being problematic. Lenders are becoming more demanding, and often calling for second appraisals on a home before giving the green light. Where does this stem from? Of course, from the problematic home loans of the past that got us…  Continue Reading

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Can Cornbread Stave Off Foreclosure?

Can Cornbread Stave Off Foreclosure?

The housing crisis is making a lot of people desperate to save their homes and ward off foreclosure, and some people are getting really innovative. Rather than rolling over and letting the banks take their homes, they’re taking up the fight on their own. People are turning to others for help – in exchange for…  Continue Reading

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The Incredible Shrinking Home

The Incredible Shrinking Home

Are the days of McMansions over? According to some, it looks that way… The trend in new housing today is smaller, more modest homes that appeal to a larger buyer base. This trend has been building for years as the economy and the housing crisis have taken a toll on consumer confidence. The average size…  Continue Reading

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“Buy and Bail” Homeowners Get Around Loan Restrictions

“Buy and Bail” Homeowners Get Around Loan Restrictions

Wow, we still have a long way to go before this whole housing crisis is striaghtened out. Homeowners are getting desparate, and getting more creative in how they deal with their underwater homes… Even after Freddie Mac and Fannie Mae increased their standards against mortgage fraud, a practice known as “buy and bail” is taking…  Continue Reading

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Weekly Real Estate Kick-Off & Webinar Info

Weekly Real Estate Kick-Off & Webinar Info

*************************************** Clear your schedules and mark your calendars because Thursday at 9:00pm EDT we’re going to tell you about a system that can literally save you TONS of time and money. Join me and my friend, SREC student and partner John Cochran as we introduce you to this incredible system that completely automates every step…  Continue Reading

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Commercial Short Sales: The Next Foreclosure Wave

Commercial Short Sales: The Next Foreclosure Wave

I’d been warning you about the next two foreclosures meltdowns. #1 – The resetting of all Option ARMS on residential properties. #2 – The commercial property meltdown. And honestly, this really scares me. Here’s why… You know the housing crisis is bad. The commercial foreclosure crisis is going to be MUCH WORSE.

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Weekly Kick-Off

** Have you registered for the SREC Foreclosure Academy yet? Join us May 14-16 in Dallas, TX to learn how you can “Conquer the Crash” and take advantage of the massive opportunity for real estate investors. For details and to register, visit www.srecforeclosureacademy.com. ** Stay tuned for an exciting announcement coming TOMORROW about a traffic…  Continue Reading

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Join our Membership Site!

This is the Short Sale Success University! by Strategic Real Estate Coach The choice for real estate investors serious about their SUCCESS. Silver Membership and the $4,987 of training materials are FREE Click on the button below to register now! JOIN a community of real estate investors that represent the best thinking in the industry….  Continue Reading

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Fannie, Freddie, and Indy

Fannie, Freddie, and Indy

By: Josh Cantwell Hey guys, you’ve got to check out the latest article that I wrote regarding Fannie Mae, Freddie Mac, and Indy Mac. There’s some crazy stuff going on that we all need to be aware of. Here’s a sneak peek, but click the link at the bottom to read the entire article in…  Continue Reading

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