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% million first-lien residential mortgages with $2.6 This represents 22% of all residential mortgage debt outstanding in the nation. year-over-year to 2,410, the OCC found.

Banks

Housing Wire

JUNE 8, 2022

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. In May, the inventory of homes for sale rose 8%, marking the first inventory rebound since June 2019.

Short sale

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

Short sale

Housing Wire

JULY 1, 2021

Hubzu for Signature Seller Assisted Sale (SSAS), standard short sale, foreclosure and ultimately REO management and sales) that can perform well, no matter the volume. TB: First, make sure they are fully staffed and/or building efficiencies internally. Second, ensure they are partnered with great vendors (i.e.,

Short sale

Keeping Current Matters

JANUARY 13, 2021

Michael Sklarz, President at Collateral Analytics : “We may very well see a meaningful increase in the number of homes listed for sale as these borrowers choose to sell at what is arguably an intermediate top in the market and downsize to more affordable homes rather than face foreclosure.”. Bottom Line.

Equity

Inman

MARCH 6, 2025

Learn how this award-winning broker-owner went from top producer to leading The Agencys first New Jersey office, redefining real estate with a boutique, high-performance approach.

Short sale

Keeping Current Matters

MARCH 10, 2021

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Home sales and prices were both up substantially over the year before. As the next graph shows, there were too many homes for sale in 2007, and that caused prices to tumble.

Equity

Keeping Current Matters

OCTOBER 21, 2020

A decade ago, there wasn’t a forbearance option, and most banks did not put in other programs, like modifications and short sales, until very late in the crisis. The real estate market has a shortage of listings for sale. In 2008, homes for sale flooded the market. Most homeowners have substantial equity in their homes.

Equity

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 ®.

Short sale

Housing Wire

DECEMBER 13, 2021

For homebuyers, across the country we expect the shortage of homes for sale to extend well into 2022.”. From 2007 to 2014, institutions accounted for about 2% of homes that were purchased out of foreclosures and short sales, which is out of five million-plus homes. That period of time did jumpstart things for the industry.

Investor

First Team Real Estate

MARCH 15, 2021

HESPERIA, CA – First Team Real Estate High Desert office agent Karen Copeland recently completed the sale of a retail commercial center in Hesperia, CA , successfully representing both the seller and the buyer in the transaction. Million, with both sides, the gross sale amounts to a total of $5.3

Commercial

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales

RIS Media

MARCH 18, 2022

Existing-home sales fell by 7.2% in February, furthering the volatility pattern of the past few months in residential real estate, according to the National Association of REALTORS® (NAR) latest report. regions experienced lower month-over-month sales in February. Likewise, year-over-year sales were down a total of 2.4%

Sales

Realty Biz

FEBRUARY 21, 2021

Miami-Dade County total home sales posted a double-digit increase for the fifth consecutive month in January 2021 as pent-up demand and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami-Dade County total home sales jumped 19.1%

Sales

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales

Calculated Risk Real Estate

DECEMBER 12, 2024

Just compared to last quarter, the number of residential properties that fell into negative equity increased by 30,000 homes or 1.8%. Note the almost 7 years of declining mortgage debt as distressed sales (foreclosures and short sales) wiped out a significant amount of debt.

Closing

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales

Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. Many of these will be new investors that don’t have experience with the pre-foreclosures, short sales, and foreclosures, that occurred during the Great Recession. Instead, short sales are what most investors are looking for.

Purchase and sale agreement

RIS Media

FEBRUARY 8, 2021

Speaker Mark Ryan, owner of RE/MAX Victory and leader of the Mark Ryan Group in Dayton, Ohio, taps his 30 years of sales and marketing experience to guide his team in first-time home-buying, home selling, investment, military relocation, short sales, and more.

Short sale

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.

Sales

Realty Biz

OCTOBER 4, 2022

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales.

Brokerage

Marco Santarelli

JUNE 12, 2021

Both the sales and prices of single-family homes are rising in double-digits in 2021. The Year-to-Date closed sales are up by 17.8%. It is simply the sum of all sale prices in a given time period but it is a strong indicator of the health of the real estate industry in a market. Total cash sales for year-to-date are up by 41.6%

Marketing

Realty Biz

AUGUST 6, 2021

The housing bubble bust of 2008 resulted in almost 10 million Americans losing their homes to foreclosures and short sales. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. What We Learned From the Great Recession. Please share by leaving your comment.

Short sale

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

Sales

RIS Media

MARCH 1, 2022

deals mainly in short sales and foreclosures, the new Weichert office will concentrate on luxury properties. She was honored for her work with Westchester Residential Opportunities in 2017. Botsoe will remain broker/owner of Dorothy Jensen Realty, Inc. in White Plains, New York, which she’s led for 27 years.

Marketing

RIS Media

JANUARY 28, 2022

residential and commercial real estate,?relocation relocation services, property management, corporate homes, REO and short-sale transactions. “We This marks the brand’s 23rd franchised office location in the state, the company said.

Short sale

Realty Biz

NOVEMBER 18, 2021

Most BPOs also provide information about 3 comparable property sales and 3 comparable listings. One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale. Bank-owned property sale of a foreclosed property. A homeowner going the route of ‘For Sale By Owner.’

Short sale

RIS Media

OCTOBER 1, 2020

Explore every aspect of residential real estate transactions from a buyer’s perspective. Short Sales & Foreclosure Resource (SFR®) Certification Course. Short Sales & Foreclosure Resource (SFR®) Certification Course. Dates: Oct. 8 – 9, 2020. Instructor: Brent Lancaster.

Marketing

Easy Agent Pro

OCTOBER 29, 2020

Overnight, real estate agents became “short sale experts” during a time when few even knew what the term meant. Brush up on the foreclosure and short sale process by taking the classes (it’s actually a one-day session you can do online” leading to NAR’s short sale and foreclosure designation.

Short sale

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.

Short sale

HomeLight

JULY 31, 2022

Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. This minimum equity ensures that you’ll have the funds for necessary home sale expenses (such as staging , repairs , and closing costs ), plus some leftover profit to put towards your next down payment or security deposit.

VA loan

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Search for a Real Estate Property on Sale. The most advisable flipping modes are distressed properties, short-sales, and bank-owned homes, among other sub-optimal state assets.

House Flipping

Realty Biz

MAY 22, 2022

A Short History of ARMs. Adjustable-rate mortgages were a significant contributing factor to the Great Recession foreclosures and short sales. People that couldn’t pay their mortgages were losing their homes to foreclosure and short sales. Jump forward to today’s housing market. Please leave your comments.

Short sale

Realty Biz

JANUARY 19, 2023

One such option on the table is a short sale. A lender may not take the bait and agree, and a short sale could damage your credit, though not as much as a foreclosure. Depending on your state, the lender may or may not seek to forgive the difference between the loan balance and the sale price. The downside?

Short sale

HomeLight

SEPTEMBER 2, 2021

Home sales proceeds deductions. Home sale proceeds are considered capital gains. The residential energy property credit available under the Consolidated Appropriations Act of 2021 is new for 2021. Residential energy property expenditures include: HVAC (heating and air conditioning) energy-efficient systems. Insulation.

Residential

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in Indiana. Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. Sell 'As Is' With a Cash Offer. Disclosures.

As-is

A Student of the Real Estate Game

DECEMBER 8, 2020

Residential Conversion Opportunities. As Federal Aid and forbearance relief runs out, I expect to see an uptick in foreclosures and short sales of assets that are ripe for multifamily conversions. Converting obsolete or distressed assets to multifamily is a much-discussed opportunity today, but it’s not simple.

Construction