DAILY REAL ESTATE NEWS | MONDAY, NOVEMBER 07, 2011 More lenders are scrutinizing mortgage applications since the financial crisis fallout, which has triggered fears of borrowers who will default or walk-away from their mortgage or mortgage fraud. Here are the triggers that may cause the most lender scrutiny of loan applications, according to a recent article at The New York Times: Large … [Read more...]
What Today’s Home Buyers Desire
June 20, 2011 by
Daily Real Estate News | June 20, 2011 | Share What Today's Home Buyers Desire Home buyers have high expectations for their purchases this year, the most critical of which may be a really great deal. In addition to more bang for the buck — and the bragging rights that go along with a superior bargain — today's house hunters also are looking for incentives, such as gift cards that they can use to … [Read more...]
Which Housing Values Have Suffered the Most?
June 7, 2011 by
Daily Real Estate News | June 7, 2011 | Share Which Housing Values Have Suffered the Most? Lower priced homes have been harder hit than higher priced homes in the sluggish housing market, according to a study by Harvard University’s Joint Center for Housing Studies. High-priced homes have lost 38 percent of their value since values peaked in 2006. Lower priced homes, on the other … [Read more...]
Gallup Poll: Americans Say Buy Now
May 5, 2011 by
Daily Real Estate News | May 5, 2011 | Gallup Poll: Americans Say Buy Now With dropping home values in many markets mixed with interest rates at historical lows, homes are more affordable now than they’ve been in the last 35 years, reports Zillow.com. The average buyer nowadays can expect to spend about 17 percent of her monthly gross income on a mortgage, which compares to a 25 percent … [Read more...]
