Real Estate Economic News

January 22, 2010

Texas Short Sales Financial Information Required for Dallas Short Sales and Houston Short Sales

A lender is not simply going to take your word that you can no longer afford your home You must provide backup financial information to them […]
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January 22, 2010

Miami Foreclosed Homes for Sale Put City 10th in Rate Chart

Miami foreclosed homes for sale put the area 10th in a ranking of metro areas in the nation based on foreclosure rates in 2009 More than […]
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January 22, 2010

Foreclosure listings in Charlotte Easy way to become a homeowner

Foreclosure listings in Charlotte comprise of properties that cost lower but rich in equity Hence they ensure better future return on investment
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January 22, 2010

Phoenix Foreclosures Reached Record High in 2009

Phoenix foreclosures reached record high in 2009 as job losses forced more homeowners to default About 41,000 home foreclosures and more than 5,000 condo foreclosures were […]
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January 22, 2010

Why are foreclosure listings a good barter and how to find the details of listing

As foreclosure listings are trouble-free to find and the deals are more in favour of the buyer than the seller Be it an individual or an […]
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January 22, 2010

Despite San Diego Foreclosures Values Rose Over the Decade

Despite San Diego foreclosures in 2008 and 2009 the median home price in the area increased by more than 48 percent over the ten-year period from […]
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January 22, 2010

Sacramento project signs up nonprofit senior housing

On the third floor of the parking garage at Sacramento City College, developer Paul Petrovich stands with the Curtis Park Village site sitting in the abandoned […]
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January 22, 2010

Fair Oaks family sues two Dunmore brothers over development loans

Irwina and Harold Smith say they lent Roseville developers Jeremy and Sidney D. Dunmore $4.5 million after the brothers and their grandfather George, founder of Dunmore […]
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January 22, 2010

Sacramento, Yolo counties join loan program for ‘green’ home retrofits

Homeowners in Sacramento and Yolo counties soon will be able to get financial help for retrofitting their homes with environmentally friendly and energy-efficient projects. In separate […]
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January 22, 2010

Area existing home sales fell 2.9% in ’09

Existing home sales last year in Sacramento County and the city of West Sacramento fell 2.9 percent from 2008 as bank repos became a smaller part […]
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January 22, 2010

Sacramento County home prices turned upward in 2009

New December statistics paint 2009 as the year when Sacramento County home prices finally ended a dramatic four-year free fall. Median sales prices for new and […]
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January 22, 2010

Mortgage rates lowest in California, Colorado

California and Colorado had the nation’s lowest interest rates for 30-year fixed mortgages for the week ending Jan. 3, averaging 4.99 percent before points, Seattle-based Zillow.com […]
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January 22, 2010

Schwarzenegger proposes tax credit to spark new home building

Victoria Bradshaw, the state labor and workforce development secretary, says the tax credit plan will create jobs in the construction industry. More than 20,000 California homebuyers […]
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January 22, 2010

Sacramento, Central Valley bankruptcy filings soar to all-time high

Bankruptcy filings in Sacramento and the Central Valley soared to an all-time high in 2009, up nearly 50 percent from 2008’s totals, figures from the U.S. […]
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January 22, 2010

Home Front: Some economists not buying proposed homebuyer tax credit

Gov. Arnold Schwarzenegger’s proposed new $10,000 homebuyer tax credit is thrilling the The Hoyt Group Real Estate universe, but don’t think it’s a done deal. Opponents, […]
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January 13, 2010

Short Sale Unplugged

Sacramento Short Sale Expert Report By a Certified Pre-Foreclosure Specialist, Forth Hoyt Sacramento Short Sales now 21.5% of Market Sacramento’s Short Sales have taken over the market!  And […]
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December 23, 2009

SACRAMENTO SHORT SALES NOW OVER 20% OF REAL ESTATE MARKET

Well First of all, Let’s just quickly define short sales: A real estate short sale is a sale of property in which the sale proceeds fall […]
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December 23, 2009

HAFAP: New Government Short Sale Guidelines- Newest Help For Sacramento Short Sales

GOVERNMENT SHORT SALE GUIDELINES The Newest Government Foreclosure Acronym- HAFAP or Home Affordable Foreclosure Alternatives Program will definitely bring some strong incentives for lien holders to […]
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August 19, 2009

Folsom Short Sale. Granite Bay Short Sale. El Dorado Hills Short Sale.

Folsom, Granite Bay and El Dorado Hills Home Foreclosures in the News: Delinquency Rate on U.S. Mortgage Loans Hit an All-Time High… Even though the pace […]
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July 28, 2009

Another GAO Report: Recent Performance of Nonprime Loans Highlights the Potential for Additional Foreclosures

  Recent Performance of Nonprime Loans Highlights the Potential for Additional Foreclosures  See The entire Report Here: Chair Maloney and Members of the Joint Committee: I […]
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July 28, 2009

The GAO Latest Report: Characteristics and Performance of Nonprime Mortgages

 See the entire report here Characteristics and Performance of Nonprime Mortgages During the first part of this decade, the number of mortgage originations grew rapidly, particularly […]
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