Housing inventory continues to remain low making it difficult for today’s buyers, Dec homes sales dip slightly and we get a guarranty for 2013. Here are the top real estate headlines you may have missed for this week. Loans for fixer uppers The New York Times Low housing inventory has resulted in a lack of […]
Fannie and Freddie set limits on short sale flipping
In what appears to be an effort to curb investors from taking advantage of distressed homeowners short selling their homes, Fannie Mae and Freddie Mac announced changes to their servicing requirements for short sales. The most notable change is the addition of a deed restriction which prohibits the buyer of a short sale from selling […]
Headlines in Real Estate for week ending October 19th 2012
This week in real estate: Home prices rise while number of homes sold falls, real estate investors find favor in flipping houses & the housing recovery moving faster than expected. Here are the headlines in real estate you may have missed this week: California home prices rise in September; sales fall (via Mercury News) A continued shortage […]
Headlines in Real Estate for week ending August 24th 2012
4 year high for home prices, the investor effect, short sales and much more. Here are your real estate headlines you may have missed this week: California home prices near 4-year high (via Orange County Register) California home sale prices came close to a 4-year high in July, with the pace of sales year-over-year growing for […]
Investors Eye Real Estate as Stock Prices Fall
Have you payed any attention to the global economy lately? If not, you may have felt it in the form of your 401K or any other investment vehicles you may have. The stock markets have been falling significantly for the past couple of days and we’re not talking a few points here and there, yesterday the Dow […]