• Commercial and Multifamily Originations Post Increases in Q2

    Commercial and multifamily loan originations are up both quarterly and over the year, according to the Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations released Tuesday by the Mortgage Bankers Association MBA.Originations increased by 36 percent from the first quarter to the second quarter, with the greatest increase in activity occurring among hotel properties, which experienced […]

  • Short sale experts reveal knowledge behind the industry | HousingWire

    Short sale experts reveal knowledge behind the industry via Short sale experts reveal knowledge behind the industry | HousingWire. Interesting comment in the article that the West Coast is in full recovery while the Eastern portion of the US is still struggling.  Personal experience is showing an increase in activity in Northern California.

  • The Foreclosure Report – August 2012 | ForeclosureRadar

    Foreclosure Starts Down Dramatically “August 2012 California Notice of Defaults were down 23.6 percent from the prior month, and down 49.1 percent compared to last year. Foreclosure Sales wee up 23.7 percent in California on a month over month basis.  On an average daily basis, the increase was up 12.9 percent from the prior month.” […]

  • Radar Logic: 2011 Home Bargains May Continue This Year

    Last year was a good year for home bargain-hunters, according to the latest data from Radar Logic. The firm’s January report revealed a 5.42 percent decline in prices from January 2011 to January 2012 and a simultaneous 7.7 percent increase in transactions. Radar Logic surveys 25 metropolitan statistical areas on a monthly basis. However, despite […]

  • Survey Suggests More Homeowners Are Open to Strategic Default

    Will strategic defaults be the next wave of foreclosures coming to flood our market?  Read the article from DSNews below, An alarming number of homeowners see strategic default as a viable option should their home continue to depreciate. Almost half of the homeowners participating in an online poll from Housing Predictor say they will walk […]

  • Sales in California Up in February, Median Prices Down

    Sales in California Up in February, Median Prices Down. Home sales in California showed signs of improvement for February compared to the previous month of January and year before in February 2011, according to data from the California Association Of Realtors (C.A.R.).  – DSNews

  • Realtor Magazine | Fed Vows to Keep Rates Low

    Fed Renews Vow to Keep Rates Low 03/14/2012 The Federal Reserve sounded more upbeat about the direction of the economy, citing signs of an improving job market and increased household spending, according to a statement released after the Fed’s annual policy-making committee meeting. The Fed said they expect “moderate economic growth,” but threats still remain, […]