Pro Teck Valuation Services’ report on the February HomeValueForecast.com Web site shows the majority of U.S. demonstrating more positive than negative market trends despite weak or soft status for top U.S. Core-Based Statistical Areas (CBSAs). This month’s analysis of real estate valuation … [Read more...]
Pro Teck: February Forecast Shows Positive Trends
February 23, 2012 by
Releasing its February Home Value Forecast, Pro Teck Valuation Services revealed research that indicates that many core based statistical areas (CBSAs) around the U.S. are showing positive momentum. Read More: Pro Teck: February Forecast Shows Positive Trends … [Read more...]
Bernanke: Tight Credit Continues to Hamper Recovery
February 11, 2012 by
Negative equity, tight mortgage credit, and an overhang of foreclosed properties conspire to delay a full-fledged housing rebound and economic recovery, Federal Reserve chairman Ben Bernanke said Friday. He said that the inability – or unwillingness – of lenders to lend puts the brakes … [Read more...]
Latest Obama Housing Scorecard Shows 5.6 Million Loan Mods to Date
February 6, 2012 by
The U.S. View original post here: Latest Obama Housing Scorecard Shows 5.6 Million Loan Mods to Date … [Read more...]
Nearly 800 Banks at Risk of Failure: Invictus
February 3, 2012 by
After the evaluating hundreds of American banks with stress analysis and sustainability tests, the Invictus Consulting Group has found that 758 FDIC-insured banks are at risk of failing. Without corrective measures, these 758 vulnerable banks with assets totaling almost $440 billion are unlikely to … [Read more...]
Distressed Home Sale Prices Drop 4.7 Percent in 2011
February 2, 2012 by
CoreLogic has released its December Home Price Index (HPI) report showing that distressed sales home prices in the U.S. More: Distressed Home Sale Prices Drop 4.7 Percent in 2011 … [Read more...]
Four New Bank Failures Raise National Tally to Six
January 30, 2012 by
Federal and state regulators shuttered four banks Friday, including one in Florida, another in Minnesota, and two in Tennessee. State regulators appointed the FDIC receiver in all cases, resulting in more than $600 million in accumulated costs for the Deposit Insurance Fund. The four newest bank … [Read more...]
Florida Closes 2011 with Higher Home Sales
January 26, 2012 by
According to information released by Florida Realtors 2011 came to a close in Florida, with home and condominium markets reporting higher sales in comparison to the previous year. This was the third consecutive year that the state reported a rise in single-family home and condo sales Read the … [Read more...]