Tag Archives: Short Sales

Backlog of Distressed Homes to Weigh on Home Prices for at Least Three More Years

Posted on July 12, 2011 by irvinerenter

A data analyst for the National Association of realtors is projecting it will take at least three years to liquidate the distressed inventory. In reality, it will take much longer.
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Posted in Uncategorized | Tagged distressed homes, Foreclosures, Home Prices, Irvine, Shadow Inventory, Short Sales | 1 Comment

Consequences of strategic default not as bad as you think

Posted on May 26, 2011 by irvinerenter

Lenders want to keep the millions who would benefit from strategic default in a state of fear and confusion to compel the borrowers to keep paying. They would prefer to publicly endorse borrowers most macabre fantasies of strategic default while quietly soliciting new customers behind the scenes. Prior to the blog era, they might have been successful. Continue reading →

Posted in Foreclosures and Short Sales, Fresh Perspectives, Home Economics, Strategic Defaults, What You Need To Know About Buying and Selling Real Estate | Tagged Credit Scores, Foreclosures, Short Sales, Strategic Defaults, Walking Away | 1 Comment

How Short Sales and Foreclosures Affect Your Credit Score

Posted on April 25, 2011 by Greg Fielding

How much better for your credit score is a short sale versus a foreclosure? On average, about 40 points. Continue reading →

Posted in Foreclosures and Short Sales, Home Economics, Mortgage News | Tagged Credit Scores, Foreclosures, Short Sales | 1 Comment

State-by-State Shadow Inventory

Posted on March 22, 2011 by HS

Although the foreclosure crisis at times appears like an all-encompassing national problem, there are states and metropolitan areas that are harder impacted than others. From the onset of the foreclosure crisis, four states have continually had relatively worse foreclosure problems: Arizona, California, Florida and Nevada. Continue reading →

Posted in Foreclosures and Short Sales, Newsletter, Real Estate Data | Tagged Foreclosures, NAR, Shadow Inventory, Short Sales | Leave a comment

C.A.R. open letter on short sales

Posted on March 10, 2011 by HS

With the number of homeowners who owe more than their home is worth hovering at 30 percent, experts predict there will be many more foreclosures in 2011 and 2012. Unless we take immediate, aggressive action to assist these homeowners, any meaningful recovery in the housing market and overall economy will continue to be delayed. Continue reading →

Posted in Short Sale News | Tagged california, CAR, Short Sales | Leave a comment