Recent Posts in Housing Market News Category
Posted on Jun 9, 2011 By Deborah A. Carman, Esq.
The new report released by CoreLogic shows that nearly half of the mortgages in Palm Beach County are underwater, which means that the home is worth less than what is owed on the mortgage or inching ...
Continue reading "Nearly Half of the Mortgages in Palm Beach County Are Underwater!" »
Posted on May 5, 2011 By Admin
BY: CARRIE BAY The national home price index from Clear Capital has officially entered double-dip territory. The company says data through the end of April has pushed its reading of national home ...
Continue reading "Home Prices Have Officially Double-Dipped" »
Posted on Mar 22, 2011 By Admin
Les Christie, staff writer It's not always easy to feel sorry for sunny Florida. But it just got hit with another blow. On Friday March 18, 2011, 4:14 pm EDT On Thursday, the Census Bureau revealed ...
Continue reading "Nearly 20% of Florida homes are vacant, prices fall another 11%, expected recovery '2030'" »
Posted on Feb 21, 2011 By Admin
"In yet another sign that times are tougher for Plantation foreclosure attorney David Stern, he is looking to unload luxury assets worth tens of millions, including two estate properties on Hillsboro ...
Continue reading "Foreclosure attorney Stern selling Hillsboro Beach estate properties - and perhaps a superyacht" »
Posted on Feb 21, 2011 By Admin
“Going forward, the bank is accepting FHA loan applications from borrowers with credit scores as low as 500, though they must come up with a 10 percent down payment and sport a maximum debt-to-income ...
Continue reading "Wells Fargo Lowers Credit Score Requirement for FHA Loans" »
Posted on Feb 21, 2011 By Admin
LPS says the states with highest percentage of non-current loans last month were Florida , Nevada, Mississippi, Georgia, and New Jersey. After several months in which the nation's volume of ...
Continue reading "6.92 million Residential Mortgages Past Due or in Foreclosure" »
Posted on Feb 20, 2011 By Admin
As more than $113 billion worth of home equity has vanished from South Florida's housing market in the past five years, the number of homeowners with mortgages that are larger than the values of their ...
Continue reading "The Curse of Negative Home Equity" »
Posted on Feb 18, 2011 By Admin
Florida has the nation's highest inventory of homes in distress, accounting for nearly one out of every four foreclosure properties in the country , according to data released Thursday by the Mortgage ...
Continue reading "Florida’s foreclosure rate is the highest in the nation" »
Posted on Feb 9, 2011 By Admin
Florida leads the nation in most non-current loans , along with Nevada, Mississippi, Georgia, and New Jersey. It's quite evident that the foreclosure backlog is growing , as 2.1 million mortgages are ...
Continue reading "Foreclosure Inventory Continues To Increase" »
Posted on Jan 23, 2011 By Deborah A. Carman, Esq.
If you're pouring all of your disposable income ( the amount of income left to an individual after taxes have been paid, available for spending and saving ) into your mortgage secured by a home that's ...
Continue reading "Is it ‘YOUR’ time to Bailout?" »
Posted on Jan 14, 2011 By Deborah A. Carman, Esq.
As busy as I may be I couldn't help myself, there could not have been better timing. No more than I published ' So, who would have you believe that Florida's Housing Prices WILL come back ?' I come ...
Continue reading "PART TWO: So, who would have you believe that Florida’s Housing Prices WILL come back? " »
Posted on Jan 14, 2011 By Deborah A. Carman, Esq.
That's easy… those that stand to profit… The U.S. housing crash has topped Great Depression levels, Florida's home prices continue a downward spiral, Florida is faced with the highest unemployment ...
Continue reading "So, who would have you believe that Florida’s Housing Prices WILL come back?" »
Posted on Jan 13, 2011 By Deborah A. Carman, Esq.
Look, I certainly don't want to be Ms. Doom and Gloom, but the reality is that the Florida housing market IS NOT coming back, not in our lifetime anyway. Most didn't want to hear it, especially when ...
Continue reading "Florida's Housing Prices ARE NOT Coming Back!" »