Principal Residential Sales Short sale 
Housing Wire
DECEMBER 21, 2022
On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. “The principal factor was the rapid increase in mortgage rates, which hurt housing affordability and reduced incentives for homeowners to list their homes. From NAR: Total existing-home sales waned 7.7%
The Residential Specialist
DECEMBER 21, 2022
Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Short sales are not suited to all REALTORS ®.
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Housing Wire
JULY 1, 2022
Home forfeiture actions, including completed foreclosure sales, short sales, and deed in-lieu-of- foreclosure actions also grew by 26.8% of the loans modified included a principal deferral, the OCC said. million first-lien residential mortgages with $2.6 trillion in unpaid principal balance, the report said.
Keeping Current Matters
JANUARY 13, 2021
Yanling Mayer, Principal Economist at CoreLogic , recently revealed : “A distributional analysis of forborne loans’ payment status reveals that more than one third (39.1%) of all forborne loans are now 150+ days behind payment, while as many as 1-in-4 (25.5%) are 180+ days past due.”. Though 29.4% Bottom Line.
Realty Biz
MARCH 16, 2023
ML: I’m a subject matter expert on foreclosures, short sales, technology and social media, and then I am a full time instructor in the State of Illinois, dealing with license law, pre-licensing, that sort of thing. We recently sat down with Marki to discuss her real estate career past and present.
Realty Biz
FEBRUARY 5, 2022
He is a license real estate broker in Florida; a qualifying broker in Alabama and Georgia and is a principal broker in Tennessee. His experience in his early career were listings of Residential in Florida and Vacation Land in Tennessee. Dweck is the founder and broker of Southeast Regional Realty Corp.
Marco Santarelli
JULY 11, 2022
The improving economy and the approaching peak homebuying years of millennials are driving a residential housing boom. In May 2022, 25 percent of total sales were made in cash, down from 26% in April and up from the 23% recorded in May 2021. New home sales rebound 10.7% Therefore, sales are predicted to fall further.
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