Jeremy Smiley - Realtor and Short Sale Specialist with London Properties
Exceptional Fig Garden home, located near The Fig Garden Village shopping center, and Gibson Elementary School! Your family will love this quiet neighborhood with spacious lots for privacy and beautiful tree lined cul-de-sac Street. This home features three bedrooms two bathrooms an isolated office and two fireplaces. Other features include a spacious master bath with… Read More
Source: DSnews Data released last week by Standard & Poor’s indicates the fourth quarter of 2011 started with broad-based declines in home prices. The 20-city composite of S&P’s closely watched Case-Shiller index was down 1.2 percent in October versus September, while the 10-city composite reading registered a 1.1 percent drop. Home prices fell in 19… Read More
Source: DS News The analysts at Barclays Capital say a “triple-dip” in home prices will likely materialize by early this year (2012). The term “triple-dip” emerged in a Clear Capital report a couple of weeks ago, and Barclays says its analysis corroborates the idea. The research firm warns that home prices will likely slip another… Read More
Source: DSnews.com Estimates of the industry’s shadow inventory vary widely, but one thing analysts do agree on is that the overhang is massive and will likely weigh on market dynamics for years to come. Measurements of soon-to-be repossessed and foreclosed homes that have yet to hit the market range from 1.6 million by CoreLogic’s assessment… Read More
This just came across my desk. Good news! Bank of America Short Sale Communications Realtor-AgentFeedback@mail.realestateagent.bankofamerica.com to jeremy show details 1:35 PM (23 minutes ago) To ensure delivery, add realtor-agentfeedback@mail.realestateagent.bankofamerica.com to your address book. Now You Can Substitute a New Buyer for One Who Walked Without Restart As an example of our commitment to improving the… Read More
Source: DSnews.com The national home price index from Clear Capital has officially entered double-dip territory. The company says data through the end of April has pushed its reading of national home prices 0.7 percent below the prior low recorded in March 2009, as markets have become saturated with bank-owned properties. Clear Capital’s report shows prices… Read More
Update (3/17/11): The House of Representatives Republican majority voted on Wednesday to withdraw funding for HUD’s Neighborhood Stabilization Program. The vote was largely along party lines. The measure is not likely to be heard in the Democrat-led Senate. *********** Original post: Last week, the House of Representatives voted to end two foreclosure prevention programs and… Read More
How long will a former homeowner who sold through a short sale or foreclosure have to wait before they can buy another home? Here are the rules…. Waiting Period Requirements to Buy a Home Again. The waiting periods in order to qualify for a home loan after a foreclosure, deed-in-lieu, short sale and bankruptcy varies… Read More
Over 47% (66% in California) of all home sales in December were short sales or foreclosures, up from 44.5% in November. CNBC’s Diana Olick has more on this and other real estate headlines.
