I don’t have any clever observations to share along with it, but theWSJ Daily Shotshared an interesting breakdown of the US housing market. Occupied or Vacant, Owned or Rented, Mortgage or Not, Negative Equity or Not, Foreclosure or Not, and so on. There was also a chart of the histo...
Thus, some of the data earlier this year seemed to be very reassuring. For example: Foreclosure rates in major US cities were falling in the year to May 2013 (see the above chart). Sales of previously occupied homes rose 7.8 % in August from July to a seasonally adjusted annual rate of...
Foreclosure rates in major US cities were falling in the year to May 2013 (see the above chart). Sales of previously occupied homes rose 7.8 % in August from July to a seasonally adjusted annual rate of 4.82 million, said the National Association of Realtors. That was the highest level si...
We are retired- living on my Husbands SSDI. I am 61 & not eligible for SS ) After foreclosure & bankruptcy in 2008 ( GM closed plant) which relieved us of our home& cars ( also removing our ability to look for employment) we are surviving (?) All our $ goes to bills : rent/util...
disc disease. The back pain had become unbearable. I was laid off after major spinal fusion surgery 2 years ago, while out of work recovering. Being 60 years old, I did not qualify for Social Security retirement. I was very depressed over the possibility of bankruptcy and home foreclosure....
Meanwhile, the delinquency rate — derived from those who are behind in their payments but have not yet entered the foreclosure process — rose to 5.12 percent of all loans. That's up nearly three-fourths of a percentage point from the same period a year ago. . . . So the president ...
, Hawaii charges the cheapest property taxes in the US, at least by tax rate. Of course, they also feature some of the highest property values in the country, so a low tax rate still yields a hefty total sum. The ten states with the lowest property taxes in the US (by rate) are:...
and the value of the underlying properties are insufficient to recover the outstanding loan balance in the event of foreclosure, at least some CMBS investors are likely to suffer a loss. CMBS issuance ground to a halt during the financial crisis, but slowly reemerged starting in 20...
The rate for the DMP is Loan Modification and it an alternative to foreclosure. As it sophistically organizes payment of the a monthly amount into their account which is normally less than what they are paying now. Sometimes credit counselors can advice you over the best ways to stop the ...
One 24-year-old investor has started the Web site: iamfacingforeclosure.com. Speed of Housing Downturn Surprises Homeowners http://www.npr.org/templates/story/story.php?storyId=6123037 Morning Edition, September 22, 2006 · The real estate market has made a surprisingly quick downturn in some...