Welcome to Blair Webb Brunswick Real Estate Sign in | Help

Browse by Tags

All Tags » Real Estate » Home Values   (RSS)

Banks, Gov't Near Deal on Foreclosure Settlement

Up to 1 million at-risk, underwater borrowers may be eligible for a reduction on their mortgage principal, if a settlement between big banks and government officials gets the final approval. The mortgage aid is reportedly on the table as big banks and

“Don’t shoot the messenger”

“Don’t shoot the messenger,” is the message the Appraisal Institute has for those in the real estate industry. Appraisers have been taking heat the last few months over low home values, with critics arguing that values aren’t matching

Report Predicts Drop in Delinquencies Next Year

--> The number of borrowers behind on their mortgage payments is expected to drop sharply by the end of next year, according to a new report released by TransUnion. Mortgage delinquency rates reflect the ratio of borrowers 60 or more days behind on their

Zillow: Home Values Hold Steady, Foreclosures Slow

Home prices mostly held flat in August, increasing a modest 0.1 percent from July to August, according to Zillow’s latest Home Value Index. Two of the nation’s hardest-hit housing markets, Detroit and Fort Myers, Fla., posted slight price

10 States With the Highest Foreclosure Rates

For the 56th straight month, Nevada continued to have the highest foreclosure rate in the country, where one in every 118 homes received a foreclosure filing during August, according to the latest figures from RealtyTrac. Nationally, 1 in every 570 households

Housing market is good (or great!) for buyers right

In most parts of the country, the housing market is good (or great!) for buyers right now - interest rates are bizarrely low, lots of inventory means lots to choose from, and the cost of renting has increased in a lot of markets. But just because the

Sellers Say Their Homes Are Worth More

Seventy-five percent of home owners say their homes are worth more than the recommended listing price, according to real estate professionals recently surveyed by HomeGain. On the other hand, 68 percent of home buyers say homes are overpriced. However,

More Banks Offer Incentives to Unload REOs

--> Banks facing high inventories of REOs are turning to financial incentives in the hopes of accelerating sales of these often vacant, deteriorating properties. For example, Fannie Mae and Freddie Mac are trying to liquidate its REOs, the National Mortgage

Gov’t Criticizes Banks for Failing More Home Owners

Bank of America and JPMorgan Chase, two of the country’s largest lenders, are not doing enough to help home owners avoid foreclosure, the Treasury Department said Thursday. Many home owners who have been eligible for loan modifications have been

Housing Affordability at Highest in 20 Years

--> Housing affordability continued to be near record highs in the second quarter, hovering near its highest level in the 20-plus years it has been recorded, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

New Grant for Military First-Time Home Buyers

A new program is offering financial assistance to first-time home buyers who are veterans or active-duty military members. The Pentagon Federal Credit Union Foundation, a nonprofit national organization, is offering the assistance through its Dream Makers

New-Home Market Shows Signs of Stabilizing

--> New-home sales dropped in June, but a sharp increase in prices and declining inventories may be signs the sluggish new-home market is finally showing signs of rebounding, the Commerce Department reported Tuesday. Sales of new homes dropped 1 percent

Brokers Expect REOs to Trigger More Legal Disputes

--> Nearly 60 percent of real estate professionals say they believe REO-related disputes will increase over the next two years. What’s more, 76 percent said they believe it will be among the top three issues they will face in real estate, according

Nondistressed Prices Bouncing Back to 2009 Levels?

--> Home prices may be showing signs of stabilizing -- that is, if you remove distressed sales from the equation. When distressed sales are excluded from CoreLogic’s Home Price Index, home prices dropped only 0.4 percent from a year ago -- not 7.4

Many Home Owners in Denial About Price

More home owners — particularly those who bought their homes in 2007 or later — are overpricing their properties when trying to sell them, according to a new analysis from Zillow. Home owners who purchased their home in 2007 or later are overpricing
More Posts Next page »