by kramoltz@hotmail.com | Feb 26, 2015 | Real Estate Facts & Figures
With great fanfare the real estate media announced that the number of homes on the market in parts of the greater Phoenix area had declined in the last few months. As detailed in Part 1 of this blog, certain cities showed a decrease in the monthly supply of homes for...
by kramoltz@hotmail.com | Feb 24, 2015 | Foreclosures + Short Sales
Although there are monthly variations in the number of foreclosures around the country, it is usually not difficult to figure which states will be the leaders. Arizona continues to rank in the top three, but there are a few surprises in the national distressed sale...
by kramoltz@hotmail.com | Feb 24, 2015 | Foreclosures + Short Sales
Long largely immune from the fluctuations in the greater Phoenix market, Scottsdale has not been able to avoid the current adverse conditions. At one time the opinion that homeowners in the “Beverly Hills” of Arizona would lose property by foreclosure in significant...
by kramoltz@hotmail.com | Feb 23, 2015 | Foreclosures + Short Sales, Real Estate Facts & Figures
James B. Lockhart, Director of the Federal Housing Finance Agency today released the first monthly Foreclosure Prevention Report, which provides comprehensive monthly data on the loan modification efforts of Fannie Mae and Freddie Mac. Fannie Mae’s HomeSaver Advance...
by kramoltz@hotmail.com | Feb 23, 2015 | Foreclosures + Short Sales, Mortgages + Lending
Traditionally, the help available to a distressed home owner from the government and Fannie Mae and Freddie Mac was limited to information and advice, such as that under the Hope Now Program. Hope Now is a free foreclosure prevention service provided by loan servicers...