According to a new study from Lender Processing Services (LPS), GSE foreclosure starts have been accelerating and are currently at all-time highs. From May to June, foreclosures initiated by Fannie and Freddie jumped 21 percent. The GSEs’ prime borrowers are performing the worst. Foreclosure rates among the agencies’ prime loans have soared nearly 400 percent [...]
Archive for the ‘Local & National Real Estate’ Category
GSE foreclosure starts are accelerating
Posted in Local & National Real Estate on August 2, 2010 | Leave a Comment »
Pending Home Sales Surge Continuing
Posted in Local & National Real Estate, Local Community, tagged home sales, National Association of Realtors, pending home sales index on June 9, 2010 | Leave a Comment »
Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator, rose 6.0 percent to 110.9 based on contracts signed in April, from an upwardly revised 104.6 [...]
10% of homeowners missed a mortgage payment in Q1
Posted in Local & National Real Estate, Local Community, tagged foreclosure, foreclosure crisis, mortgage payment, short sales, Wade Wilcox on May 30, 2010 | Leave a Comment »
Short Sales, Foreclosure, Wade Wilcox
Forsyth County – Existing-home sales rise in March
Posted in Local & National Real Estate, Local Community, tagged first time homebuyers program, Forsyth County, www.wadewilcox.com on April 25, 2010 | Leave a Comment »
For more information, visit my website @ www.wadewilcox.com
Forsyth County – Local Real Estate Update – First Time Homebuyers Program ending!!
Posted in Local & National Real Estate, Local Community, tagged first time homebuyers program, Forsyth County on April 8, 2010 | Leave a Comment »
Homebuyer Opportunities Nearing End For prospective homebuyers who are on the fence about making a home purchase, the next few months represent a countdown of sorts for two reasons. First, huge tax incentives are about to expire. April 30, 2010 is the last day to enter into a home purchase contract and still potentially qualify [...]
Local and National Real Estate Update
Posted in Local & National Real Estate, tagged real estate, warren buffett on March 9, 2010 | Leave a Comment »
Employment Is Key. The economy will not recover unless the real estate market starts growing again. It does not have to be booming nor do consumers have to go on a spending spree. But growth has to be positive. Real Estate and consumer spending will not stay positive until the jobs picture turns positive. This week [...]
Local Real Estate Update – Should you foreclose or short sale?
Posted in Local & National Real Estate, Local Community, tagged foreclosure, short sale on February 3, 2010 | Leave a Comment »
This is a good article that explains some of the negative aspects of choosing to foreclose or short sale. If you are considering one or the other: http://finance.yahoo.com/news/Mortgage-lenders-pursue-cnnm-3107909798.html?x=0
Forsyth County Real Estate Update – Homebuyer Opportunities Nearing End
Posted in Local & National Real Estate, Local Community, tagged first-time homebuyers, Forsyth County on January 26, 2010 | Leave a Comment »
For prospective homebuyers who are on the fence about making a home purchase, the next few months represent a countdown of sorts for two reasons. First, huge tax incentives are about to expire. April 30, 2010 is the last day to enter into a home purchase contract and still potentially qualify for a federal [...]
NEW FHA Guidelines – Real Estate Update
Posted in Local & National Real Estate, Local Community, tagged fha, Forsyth County, fulton county, south forsyth on January 21, 2010 | Leave a Comment »
Below is a link to Think Big Work Small this is a FREE information link I receive daily and the two guys who provide the info are usually pretty good about what is going on and their commentaries are traditionally right on target. As you may have already heard, FHA announced some changes last Friday [...]
National Real Estate Update
Posted in Local & National Real Estate, tagged first-time homebuyer credit, NAR, National Association of Realtors, real estate on January 14, 2010 | Leave a Comment »
Selling a home in the dead of winter might seem ill-advised, particularly considering the state of the economy, but some experts think that making the decision to wait until spring to list the property could be a mistake. Government incentives will likely have a big impact in 2010, with many buyers determined to sign a [...]
