Recent Housing Crash Central News
Video: Distressed Homeowners Get Revenge Through Foreclosure Property Damage
Posted from Foreclosure.com Blog 17 days ago
Housing Crash Central : All About Foreclosures
Hate stuff, break stuff. That’s apparently the losing formula that some distressed homeowners are calculating when it becomes apparent that their homes will be lost to foreclosure. Indeed, the video above depicts a sad state of affairs in Jacksonville, Fla., with alienated homeowners gutting ... (original story)
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Report: Short Sales Surpass Foreclosure Sales
Posted from Foreclosure.com Blog 26 days ago
Housing Crash Central : All About Foreclosures
More and more lenders are apparently looking to avoid the foreclosure process, opting instead to sell the distressed assets for less than their original loan amounts. That’s the latest, at least, from Lender Processing Services Inc. (LPS), which revealed short sales accounted for nearly one-q... (original story)
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Jets Antonio Cromartie Hit With Florida Foreclosure In Tallahassee
Posted from Foreclosure.com Blog 26 days ago
Housing Crash Central : All About Foreclosures
Former Florida State University (FSU) shutdown cornerback, Antonio Cromartie, is the latest high-profile sports celebrity to fall into foreclosure. Cromartie, who was drafted in the first round of the National Football League (NFL) draft back in 2006, owes $105,381 on an 864 sq. ft. home in Tallaha... (original story)
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Infographic: Tax Savings Home Ownership Calculator And Benefits
Posted from Foreclosure.com Blog 26 days ago
Housing Crash Central : All About Foreclosures
Tax breaks, deductions and savings — oh my! Most people would agree that taking advantage of the mortgage interest deduction is one of the major benefits of homeownership. For many homebuyers, deducting the mortgage interest on their taxes is a big selling point when it comes to making the big... (original story)
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Phoenix: The Strange Case of the Missing New Listings
Posted from Housing Doom 26 days ago
Housing Crash Central : Housing Crash News and Blogs
If you’ve read anything at all about housing this year, you’ve read that the housing market is “improving”. Offered up as evidence is the fact that inventories have been falling across the nation. Clearly buyers are snapping up properties again, right? Sales have improved in a number of... (original story)
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The crashing US housing metro areas – Atlanta home values crash by 17 percent in last year and Las Vegas continues to move lower. Chicago, Los Angeles, and San Francisco continue to make post-bubble lows.
Posted from Dr. Housing Bubble Blog 26 days ago
Housing Crash Central : Housing Crash News and Blogs
US home prices have once again made a post-bubble low in spite of all the artificial intervention and massive bailouts to financial institutions. The bottom line unfortunately is that US household incomes have been strained for well over a decade. You can slice it up by nominal or inflation adju... (original story)
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HARP 2.0, Greedy Big Banks and....We NOW offer Higher Loan to Values!
Posted from The Mortgage Porter 26 days ago
Housing Crash Central : Credit Crunch and Mortgage News
It's been a bit disappointing that HARP 2 has not been made as available to consumers as it should be. First, underwater homeowners had to wait a couple months for the program to become available and now, those who have the more challenging HARP refi's (loan to values over 105% or with pri... (original story)
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The collapsing prices in Irvine condos – two zip codes see year over year price drops of 40 percent. Shadow inventory in Irvine is bigger than non-distressed MLS inventory.
Posted from Dr. Housing Bubble Blog 26 days ago
Housing Crash Central : Housing Crash News and Blogs
The condo market in mid-tier locations is in the middle of a major correction. It is surprising to see the velocity of how quickly prices are falling in some of these condo markets. Today we will look at Irvine and their condo market since it provides an interesting look at a lower price entry l... (original story)
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What May Move Mortgage Rates the week of April 23, 2012
Posted from The Mortgage Porter 26 days ago
Housing Crash Central : Credit Crunch and Mortgage News
Here are some scheduled economic indicators that are scheduled to be released the week of April 23, 2012: Tuesday, April 24: Consumer Confidence and New Home Sales Wednesday, April 25: Durable Goods Orders and FOMC Meeting Thursday, April 26: Initial Jobless Claims and Pending Home Sales Friday, Ap... (original story)
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Seattle Bidding Wars: What You Need to Know to Help "Win" Your Home
Posted from The Mortgage Porter 26 days ago
Housing Crash Central : Credit Crunch and Mortgage News
I'm noticing more "bidding wars" on new listings in the greater Seattle-Bellevue area. Because of the lack of non-distressed inventory and current low interest rates, multiple offers may occur driving the sales price higher than the original offered price. Sellers and listing agents may try to ... (original story)
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Just another renter who can't look away from the oncoming train wreck that is the housing crash
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