Daily Archives: August 20, 2012

Wall Street Warns against using Eminent Domain to Seize Underwater Mortgages

Posted on August 20, 2012 by

The Hill, By Peter Schroeder, August 20th, 2012 Heavy hitters in the financial industry are lining up against a new idea brewing among local government officials to help struggling homeowners by seizing control of their mortgages through eminent domain. http://thehill.com/blogs/on-the-money/1091-housing/244289-wall-street-warns-against-using-eminent-domain-to-seize-underwater-mortgages

Posted in Financing, Foreclosure, Len & Leslie Marma, Market Conditions, Marshfield Real Estate, Mortgage | Tagged , , | Leave a comment

Morning Radar: Economists say Housing Recovery is for Real

Posted on August 20, 2012 by

Morning Radar takes a brief look at HousingWire’s Monday Morning Cup of Coffee. HousingWire.com, August 20th, 2012 Economists say housing recovery is for real Data released this week should show a continued modest gain in housing demand, which continues to … Continue reading →

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The KCM Blog – House Prices: An Important Update

Posted on August 20, 2012 by

Posted: 20 Aug 2012, KCM Blog Back in February, we posted a blog (seen below) explaining that there would be a ‘window of opportunity’ for sellers to sell at a better price than they could after some distressed properties entered … Continue reading →

Posted in Financing, Foreclosure, Home Buying, Home Selling, Len & Leslie Marma, Market Conditions, Marshfield Real Estate | Tagged , | Leave a comment

Real Estate Outlook: Housing Affordability Posts Marginal Decline

Posted on August 20, 2012 by

Realtytimes.com, August 20th, 2012 Home prices strengthened in the second quarter of this year, leading to a slight decline in housing affordability. Ninety-two percent of metro areas posted gains in home prices. Full Story: http://realtytimes.com/rtpages/20120820_realestateoutlook.htm

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Permits Up Strongly as Housing’s Recovery Takes Hold

Posted on August 20, 2012 by

Starts were down in July due to sagging single-family activity. By Claire Easley, Builder, August 16th, 2012 “The market for new construction is back on track.” That’s the analysis from Patrick Newport, U.S. economist at IHS Global Insight, in response … Continue reading →

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