Revenue Tip » Real Estate

Homes in foreclosure decline by 130,000

Wed, 08 Feb 2012 13:09:12 +0000

Slowly, but surely, the foreclosure crisis seems to be abating.

Original post by Technology news - Business 2.0 Magazine

Foreclosure deal has 40 states, but others balk

Tue, 07 Feb 2012 01:35:07 +0000

More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that’s aimed at relieving homeowners struggling with loans bigger than their home’s value.

Original post by Technology news - Business 2.0 Magazine

Foreclosure deal: Closer, but not there yet

Mon, 06 Feb 2012 20:03:55 +0000

States have until the close of the business day to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home’s value.

Original post by Technology news - Business 2.0 Magazine

Home repairs: Which jobs come first?

Fri, 03 Feb 2012 09:27:41 +0000

Lean times signal for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance.

Original post by Technology news - Business 2.0 Magazine

Finally, a foreclosure settlement (possibly)

Fri, 03 Feb 2012 09:21:07 +0000

States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home’s value.

Original post by Technology news - Business 2.0 Magazine

Mortgage rates hit another new low

Thu, 02 Feb 2012 17:40:28 +0000

Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.

Original post by Technology news - Business 2.0 Magazine

Obama proposes home-loan refinancing plan

Wed, 01 Feb 2012 16:41:25 +0000

President Barack Obama proposed a plan aimed at helping millions of homeowners refinance their mortgages to today’s historically-low rates. To pay for it though, he’ll need $5 billion to $10 billion.

Original post by Technology news - Business 2.0 Magazine

REITs to avoid

Wed, 01 Feb 2012 14:18:09 +0000

Investors are racing into REITs that promise higher yields than equity REITs. But be forewarned, the higher yields of these other types of real estate vehicles come with very real risks.

Original post by Technology news - Business 2.0 Magazine

Don’t rush into REITs

Wed, 01 Feb 2012 14:15:22 +0000

You’d think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven’t grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.

Original post by Technology news - Business 2.0 Magazine

Become your kid’s mortgage lender

Wed, 01 Feb 2012 09:40:57 +0000

Between slumping prices and low mortgage rates, it’s a good day to look for real estate bargains. But thanks to tightened lending standards, legions of young would-be homebuyers aren’t precisely in a position to take advantage of the opportunity. That’s where their parents come in: One in three first-time buyers received either a gift or a loan from their families to help buy a home in 2011, according to the National organization of Realtors.

Original post by Technology news - Business 2.0 Magazine

Home prices post steep decline in November

Tue, 31 Jan 2012 13:49:11 +0000

Home prices posted a steep, month-over-month drop in November, falling 1.3%, according to the latest S&P/Case-Shiller 20-city report. Prices fell in 19 of the 20 cities the index covers.

Original post by Technology news - Business 2.0 Magazine

Obama administration expands foreclosure prevention program

Fri, 27 Jan 2012 23:57:06 +0000

The Obama administration is taking another swing at improving its main foreclosure prevention program.

Original post by Technology news - Business 2.0 Magazine

Obama expands foreclosure prevention program

Fri, 27 Jan 2012 21:20:05 +0000

The Obama administration is taking another swing at improving its main foreclosure prevention program.

Original post by Technology news - Business 2.0 Magazine

The housing recovery that wasn’t

Fri, 27 Jan 2012 21:12:39 +0000

FORTUNE — by the past few months, a spate of good news about the U.S. housing market has led some to think a recovery is finally on the horizon.

Original post by Technology news - Business 2.0 Magazine

Mortgage probe unveiled as foreclosure talks loom

Fri, 27 Jan 2012 19:34:11 +0000

President Obama’s latest probe into the mortgage meltdown will have more capability than past efforts, and federal officials say it won’t derail a possible $20 billion settlement for underwater and foreclosed homeowners.

Original post by Technology news - Business 2.0 Magazine