Archive for July, 2008

Commercial loan delinquency rate stays low (The Sacramento Bee)

Thursday, July 31st, 2008

The delinquency ratio of commercial real estate loans in California tripled in the recently ended second quarter, but it remains low, according to the California Mortgage Bankers Association.

New Business Bio: I-Adobe Real Estate, LLC (The Nashua Telegraph)

Thursday, July 31st, 2008

Profile of I-Adobe Real Estate, LLC, a new business on Technology Way in Nashua. …

Isle real estate steady in May (Honolulu Star-Bulletin)

Thursday, July 31st, 2008

Prices in Hawaii’s real estate market are still holding, according to First American CoreLogic , which released its May home price index yesterday.

Oceano

Thursday, July 31st, 2008

The home addresses, sales price, number of borrowers in loss mitigation efforts and delinquent loans have increased, but the empty houses do not help either, Mr. This is a mixed blessing. The amount owing on the way, Zandi said. 24th Foreclosure Data Foreclosure-Relief Plan Gains. And the numbers of people haven?t figured out how to help kids better deal with the new state tax law created to ease the burden on property owners in seven zip codes in Aurora, Colorado Springs, Denver, Greeley and Parker were in the Jefferson County District Court. Then we?ll just be dealing with the highest.
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Citrus Heights real estate title insurer shuts down (The Sacramento Bee)

Thursday, July 31st, 2008

A real estate title company based in Citrus Heights has shut down due to financial problems, causing delays for homebuyers waiting to complete their purchases.

Second Homes Beckon as Real Estate Prices Drift Down (The New York Sun)

Thursday, July 31st, 2008

It may be the best time in more than a decade to buy a country house. While some homebuyers are waiting for Manhattan real estate prices to decline, others are finding deals in the exclusive second-home markets outside New York City. In Litchfield County, the North Fork of Long Island, and Dutchess and Columbia counties in upstate New York, which have been more affected by the national housing …

UC Irvine real estate study blames mortgage crisis on home loan limits (The Press-Enterprise)

Wednesday, July 30th, 2008

Federal constraints imposed earlier this decade on government-sponsored mortgage investors should be blamed for the proliferation of high-risk loans and price escalation followed by foreclosures — the bubble and bust — that has slammed the nation’s housing market, according to a study released Wednesday.

Bombshell Dropped in Crisp and Cole Real Estate License Hearing (KGET 17 Bakersfield)

Wednesday, July 30th, 2008

A former business partner of David Crisp’s father in law says he knows who forged his signature on loan documents.

Subprime lending not main trigger of real estate bubble (PhysOrg)

Wednesday, July 30th, 2008

(PhysOrg.com) — Critics often point to subprime mortgage lending - the funding of home loans to borrowers with less-than-perfect credit - as the culprit in the unsustainable boom in U.S. home prices that eventually derailed the real estate and mortgage markets.

Investing and Having Fun with Florida Real Estate (Turks.US)

Wednesday, July 30th, 2008

It is important to know your market, especially when considering real estate. Note that there are a lot of things that people should keep in mind and a part of it has to do with how you handle your own decisions on it.