Mar 12

Apparently, we have learned nothing over the last 8 years. Folks are actually starting to tout no and low down payment loans again. Worse yet, many consumers seem ready to follow their suggestions.

via the wasserblawg

Mar 07

A Blackstone deal in the runup to the financial crisis, its acquisition of Equity Office Properties Trust from Sam Zell in early 2007 was recognized at the time as a sign of a market peak. Is history about to repeat itself with Blackstone’s rental securitization?

via  naked capitalism.

Nov 26

National home values fell in October from September, according to the October Zillow Real Estate Market Reports, the second month in a row of falling home values and the first consecutive monthly declines since the market hit bottom in October 2011

via  Zillow Blog.

Nov 22

Mike Score is quoted as saying

“I can assure you we have a business plan and we don’t have any anxiety about achieving our goals. We’re entrepreneurs, and that’s really our problem to wrestle with. The purpose of the investment is to make the neighborhood more livable and then recover our investment over time, and we’re very confident we can do that.”

via  The Atlantic Cities.

Nov 18

The surge in values, combined with higher mortgage rates, is reducing affordability while also encouraging more sellers to list their properties, indicating that price growth will slow after the biggest increases since 2006.

via  Bloomberg.

Nov 17

FNC said rising home sales accompanied by a relatively low share of foreclosure re-sales are the key drivers of continued increases in home prices. As of September, foreclosure sales nationwide accounted for 13.4% of total home sales, up slightly from Augusts 12.7% but down from 16.6% a year ago.

via mortgagenewsdaily.

Nov 07

All four measures of distress in the housing market dropped to post-crash lows during the third quarter of 2013 the Mortgage Bankers Association (MBA) said today.  The national delinquency rate, serious delinquencies, loans in foreclosure, and foreclosure starts all registered significant declines during the quarter.

via mortgagenewsdaily.

Nov 05

Of those occupied units about 74.9 million were occupied by their owners during both periods while renters occupied 39.87 million units in the third quarter of 2013 compared to 39.51 million during the same period in 2012.

via mortgagenewsdaily.

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