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Millennial 2019 Real Estate Trends

Millennial 2019 Real Estate Trends

  • March 18, 2019
  • Heather Faires
  • 2019, Blog, House for Sale, Investment Properties, Millennials, Real Estate
  • 0 Comments

  We’re officially into the third month of 2019 and if you’re involved in the real estate industry in any capacity, from agent to investor to buyer then you’re probably already feeling the strain of the new year and the…

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What is a Subject To Home Sale?

  • June 24, 2017
  • Heather Faires
  • Blog, Foreclosure, News
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Interview with Dallas Real Estate Expert Dan Shoemaker Explains the Truth about Selling a House Subject To as a Means to Prevent Foreclosure   • What is a Subject To? Subject To is a short way of saying you're selling…

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Historical Preservation and Razed Buildings

Historical Preservation and Razed Buildings

  • October 29, 2016
  • Heather Faires
  • Blog
  • 0 Comments

  Historical preservation and renovation yield tax incentives at the local, state and federal levels to encourage responsible citizens to provide capital for investment of time, recourses and knowledge for preservation and renovation costs the maintenance on historic property.  However,…

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Investors and Wholesalers Can Now Profit on Deals Previously Impossible

Investors and Wholesalers Can Now Profit on Deals Previously Impossible

  • October 21, 2015
  • Heather Faires
  • Blog, News, Uncategorized
  • 0 Comments

If you're like me, you've become frustrated with current real estate market situation. It's a sellers market. Profitable deals have become harder and harder to come by. Sellers want more than their home is currently worth, hedge funds are buying…

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What’s the trend of housing prices in the US in 2015?

  • August 20, 2015
  • Heather Faires
  • Blog, News, Uncategorized
  • 0 Comments

Answer by Heather Faires: It's many experts' opions that the housing prices dropped too much when  the foreclosures hit. When the market bottomed out in 2012, many  investors and cash buyers took the opportunity to buy cheap without  worry of…

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FORECLOSURES ON THE RISE

FORECLOSURES ON THE RISE

  • July 24, 2014
  • Heather Faires
  • News
  • 0 Comments

FORECLOSURES ON THE RISE It's been nearly two-thirds of a year since foreclosure starts were on the upswing, but May marked the end of a positive trend in declining foreclosure starts across the country. According to Black Knight Financial Services,…

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FORECLOSURES ON THE RISE

It’s been nearly two-thirds of a year since foreclosure starts were on the upswing, but May marked the end of a positive trend in declining foreclosure starts across the country. According to Black Knight Financial Services, foreclosures starts rose nationwide in May by a startling 9.5 percent. Furthermore, many of the starts were actually “repeat foreclosures” that were modified or otherwise returned to the system and labeled normal but now have once again gone into distress. “These are loans that had been in foreclosures, shifted back to either current or delinquent status by way of modification, repayment plan, or some action by the borrower, but have now fallen into foreclosure once again,” explained Kostya Gradushy, Black Knight manager of Loan Data and Customer Analytics[1]. However, she noted, the overall trend in foreclosure starts is still a positive one, with only New Jersey posting year-over-year increases in foreclosure starts despite the nationwide upswing.

Although foreclosure starts are up, nationwide mortgage delinquencies and foreclosures themselves are down. In fact, the national foreclosure inventory is at its lowest level since July 2008 and the pre-sale foreclosure inventory down more than 37 percent year-over-year[2]. Analysts across the board are hurrying to point out that this makes the foreclosure starts number relatively insignificant at this time.

http://dsnews.com/news/07-03-2014/foreclosure-starts-rise-first-time-months

The increase in foreclosed homes expected to hit to market in the near future could cause a drop in median home price. 

 

Source: dsnews.com

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