Real Estate Market News

For Home Foreclosure Victims, It Was Too Much, Too Fast
by Al Heavens

It may be my imagination, but since the market began cooling in the middle of 2005, economists and trade groups have begun looking at real estate as... full story

Subprime Over-reactions Killing Deals?
by David Reed

The subprime biz is over-reacting and so is everybody else.

Look at it this way. If the foreclosure rate for subprime loans is at 4.00 percent then that means four people out of 100 are in foreclosure. At least in some state of foreclosure. People who get behind in their mortgage... full story

Flipping Houses in a Down Market
by Ralph Roberts

My team and I flip houses in Michigan, where the housing market is currently experiencing a significant slump. Wherever these dips in the market occur, they often discourage investors, particularly novice investors, from flipping, but you don't need... full story

Who Owns the Fence?
by M. Anthony Carr

Property line issues have suddenly cropped up in the emails I've received in the past few weeks. It appears that homeowners are more aware of their property lines (specifically if a neighbor is violating it) during the spring and summer months than at other times. As we get out there... full story

Credit Score Boosting Offers for Home Buyers Trouble Federal and State Officials
by Kenneth R. Harney

Federal and state regulators say it's one of the fastest-spreading new scams in the mortgage market: Internet-based companies that artificially raise loan applicants' FICO scores... full story

Slower Markets, Quicker Recovery, with Exception
by Al Heavens

Housing markets with the biggest booms in 2004 and 2005 are generally expected to be the slowest to return to normal levels of activity.

That's the word from the National Association of Home Builders, which adds that the markets that didn't go boom... full story

Are Home Equity Loans The Next Zombie Mortgages?
by Broderick Perkins

Some second mortgages may be joining the condemned ranks of subprime and nontraditional first mortgages in the pool of dead loans walking.

As if there wasn't enough horror in the mortgage sector of the housing market, the rate of delinquencies on home equity loans rose... full story

Low Ball Offers Are Back
by Bob Hunt

Many parts of the country are currently experiencing an "adjusting" market. Such an environment tends to bring out low ball offers. Considering that many -- indeed, probably most -- currently active agents have only been in the business during the past five years, i.e. during the good times, low ball offers are pretty much a new phenomenon... full story

Mold, a Growing Problem
by Phoebe Chongchua

Mold is often a silent but costly roommate. Sometimes homeowners aren't even aware that there's an issue until the problem has progressed to a more serious level. That means if you're a prospective homebuyer you should be doing your own investigating and perhaps hiring a certified... full story

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