Dennis London

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The short-sale wrinkle - Holders of secondary financing can derail process 08 April 10 03:27 PM: Are you wondering why it takes so long to get short sales approved? The real reasons may be very different from what you might believe. It would seem when prices are down and millions of homeowners owe more than their home is worth that it is in everyone's Read More...
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Filed under: Real Estate, Market Conditions, For Sale, Announcements, Finances, Buyer Information, Community Information, Real Estate Investments, Housing Stats, Mortgage, Subprime

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Freddie Mac Eases Rules for Some Florida Condos 02 April 10 07:24 PM: Freddie Mac Eases Rules for Some Florida Condos Freddie Mac said on Wednesday it would relax some rules that have made it harder to get mortgages for condominium units in Florida. The move could make it easier for some owners to sell their units. Last Read More...
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Filed under: Real Estate, Market Conditions, For Sale, Announcements, Finances, Buyer Information, Community Information, Real Estate Investments, Housing Stats, Mortgage
Top 10 Home Buying Tips For Short Sales – A Guide To Understanding Short Sale Foreclosure Real Estate 09 April 09 07:02 AM: Top 10 Home Buying Tips For Short Sales – A Guide To Understanding Short Sale Foreclosure Real Estate Modern homebuyers will inevitably come across one or more properties currently classified as a short sale. A short sale is an attempt by the current Read More...
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Filed under: Real Estate, Market Conditions, Buyer Information, Grand Palms Listings, Real Estate Investments, Housing Stats
Market Recovery! 28 October 08 09:31 AM: The Highway To Market Recovery Is Well Mapped Residential markets will follow same road, but at different speeds. Anyone who has ever driven a car knows what it feels like to be lost, men included, even if they won’t admit it. People are feeling Read More...
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Filed under: Real Estate, Market Conditions, For Sale, Industry, Buyer Information, Community Information, Grand Palms Listings, Real Estate Investments, Housing Stats
How the Subprime Mortgage Mess Began 03 October 08 01:46 PM: The federal government made the subprime mortgage mess inevitable when it imposed social engineering rules on private mortgage contracts. The long process began with the 1975 Home Mortgage Disclosure Act (HMDA), the 1977 Community Reinvestment Act (CRA) Read More...
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Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, Community Information, Real Estate Investments, Housing Stats, Mortgage, Subprime
A little footnote on the state of the mortgage business 19 August 07 07:13 AM: Look at the statistics on foreclosures: 98.7% of mortgages are NOT in foreclosure. 97.4% of mortgages are paid on time 1.28% of mortgages ARE in foreclosure. Only 10% of mortgages are subprime loans. 8% of subprime mortgages are in foreclosure or delinquent Read More...
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Filed under: Real Estate, Market Conditions, For Sale, Announcements, Industry, Point2, Buyer Information, Seller Information, Grand Palms Listings, Real Estate Investments, Housing Stats, Mortgage
Monthly Statistics - SE Florida 26 July 07 02:37 PM: SOUTHEAST FLORIDA HOUSING STATISTICS Month TTL / NEW / SALES / % SP/LP / AVG DOM May '07 75,828 18,110 3532 81% 106 June '07 107,249 16,495 3245 82% 151 Read More...
Postedby Dennis London | 0 Comments
Filed under: Real Estate, Market Conditions, For Sale, Industry, Point2, Buyer Information, Seller Information, Community Information, Grand Palms Listings, Real Estate Investments, Housing Stats

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