All Posts Tagged With: "national"
1 in 5 Home Sales Distressed, Foreclosed or Bank Owned, Says RealtyTrac
For the third quarter of 2011 RealtyTrac reports that 20 percent of all existing home sales were bank owned or being foreclosed. This is down from 30 percent of all sales in the third quarter of 2010. The latest RealtyTrac figures might be seen as good news were it not for the glum reality which makes [...]
26Jan2012 | Peter G. Miller | 0 comments | Continued
Foreclosure Filings Off Nearly 30%, RealtyTrac
On paper at least foreclosure filings fell nearly 30 percent in 2011 according to year-end figures from RealtyTrac, the nation’s leading source of foreclosure listings and data. But the new numbers tell only part of the story. What they really demonstrate is that millions of homes remain distressed and that the foreclosure process itself continues [...]
12Jan2012 | Peter G. Miller | 0 comments | Continued
US Home Prices Down 16.5% From Peak
In what has become an unrelenting story, American home prices continue to decline. According to the Federal Housing Finance Agency, January home prices were off 0.3 percent from December and 16.5 percent from the April 2007 peak. The monthly figures should be seen as not especially meaningful as they can be impacted by factors as [...]
22Mar2011 | Peter G. Miller | 0 comments | Continued
The foreclosure story mortgage lenders fear most
This has been a dark and dusty year for mortgage lenders. There has been the robo-signing scandal, publication of Michael Hudson’s inside tell-all, The Monster, and buy-back claims by investors yelling fraud and asking for billions in compensation. But perhaps the worst news has been saved for last, a little-noticed decision in Ohio that could [...]
30Dec2010 | Peter G. Miller | 0 comments | Continued
Real Estate: Could Realty Brokers Have Prevented the Mortgage Meltdown?
Part of the puzzle of the mortgage meltdown has been the role of real estate brokers. Could real estate brokers have done more to prevent home buyers from making inappropriate purchases or using loans which were inherently too risky? The question has now been raised by the National Association of Exclusive Buyer Agents. NAEBA surveyed [...]
4Aug2009 | Peter G. Miller | 0 comments | Continued
Home Prices Up — Can This Be Real?
Bet you haven’t heard this in awhile — U.S. home prices rose. They rose for the month of April by .9 percent nationwide according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). Let’s not go crazy here, the index is 10.7 percent below its April 2007 peak. That said, in an environment [...]
23Jul2009 | Peter G. Miller | 0 comments | Continued
Mortgages, Foreclosures & The Disgrace of Journalism
It was long ago when I received a degree in journalism. I wanted to study journalism because it gave me an opportunity to travel and to meet interesting people. I have been a correspondent on Capitol Hill and at the White House, I have lived on an offshore drilling rig in pursuit of a story, [...]
14Mar2009 | Peter G. Miller | 0 comments | Continued
National Real Estate & Mortgage Associations
Below is a quick and handy list of the most important real estate and mortgage associations in the U.S. American Arbitration Association Appraisal Institute Association of Real Estate License Law Officials (ARELLO) Building Owners and Managers Association (BOMA) Commercial Investment Real Estate Institute (CCIM) Community Associations Institute (CAI) Council of Residential Specialists Counselors of Real [...]
30Dec2008 | Peter G. Miller | 0 comments | Continued
Real Estate Associations
• American Arbitration Association • Appraisal Institute • Association of Real Estate License Law Officials (ARELLO) • Building Owners and Managers Association (BOMA) • Commercial Investment Real Estate Institute (CCIM) • Community Associations Institute (CAI) • Council of Residential Specialists • Counselors of Real Estate(CRE) • Institute of Real Estate Management (IREM) • International Association [...]
26Aug2008 | Peter G. Miller | 0 comments | Continued
Is Brokerage Solidarity A Real Estate Reality?
Is the brokerage community some sort of monolith, a group-think brotherhood where all march in unison? I wondered about such issues when I got email the other day which really peeked my interest. The letter went something like this: I wonder if the FSBO listings on the MLS are treated differently by brokers at large, [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
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