by Phyllis Rockower | Jul 9, 2013 | Housing News, Uncategorized
CoreLogic said today that completed foreclosures ticked up slightly in May compared to April, but the number of homes in process of foreclosure, the foreclosure inventory, was down to about the same degree. Both completed foreclosures and the inventory are lower by...
by Phyllis Rockower | May 6, 2013 | Real Estate News
No surprise here. They are continuing to violate loan modification, short sale requirement time lines. I know this personally since i am involved in a short sale with my mom’s place in Fla. We had 3 offers over 270 which the bank turned down. We had another...
by Phyllis Rockower | Jan 2, 2013 | Housing News
Whew!!!! I was wondering about that but found out that they extended the bill that will allow homeowners relief from getting a tax bill when they short sell their home. Under a law signed in 2007, debt relief on loan modifications, short sales, and foreclosures were...
by Phyllis Rockower | Nov 16, 2012 | Housing News
Article from the San Francisco Chronicle: “Right now the dominating force driving the rental market in California is foreclosed-upon former homeowners transitioning to renters,” Burke said. “That demographic is an important market segment...
by Phyllis Rockower | Aug 16, 2012 | Housing News, Real Estate News
More expensive homes and less foreclosures caused the median price to rise to 281k-up 2.6% from june and 11.5% from last year. In so cal, prices hit 306k-up8% from last year. The best part is that regular buyers are coming back, not just real estate investors. Nice...
