HUD No. 10-011 Lemar Wooley (202) 708-0685 FOR RELEASE Friday January 15, 2010 HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties WASHINGTON – In an e ... Continue Reading
Harrisburg-Carlisle, PA is First and Cape Coral-Fort Myers, FL is Last at -25.24. See Full Article Continue Reading
This is a great article published by the Wall Street Journal about House Flipping. A really important note is to do your homework, calculate the risk and get educated. As prices continue to decrease depending on the market, flipping will increase, especially when buyers are l ... Continue Reading
As a real estate investor it’s really important to know the facts. It’s one thing to hear from someone who says “I hear this is where you can get the best deals” but it’s another to see where you can get the best deals. Investing is about the num ... Continue Reading
If you missed the webinar we did with our field partner Sarah Kelley you you can find it here for a 3 days only: http://www.screencast.com/t/WyA7Zj7zf1En Here are a few items Sarah covered: *What market Rocks in Arizona. *Why you want to invest in this specific market she ... Continue Reading
Offered at $48,500! 3731 Briar Rose Memphis 38111 3 Bedroom 2 Bath 980 sq ft Built 1950 Tile and Carpet Central HVAC – NO rehab needed Current Rents $595 month Net Rents $206 Mo $2472 yr 25% Down =$12,125 + Closing Costs $2472 / 12,125 = 20% Cash on Cash Retu ... Continue Reading
Determining the value of the asset when used for reserves: 1. Stocks, bonds, and mutual funds: 70 percent of the value may be used as reserves (reduced from 100 percent). 2. Retirement accounts: 60 percent of the vested value may be used as reserves (reduced from70 percent). 3. ... Continue Reading
NEW YORK (Reuters) — The average rate on 30-year U.S. home loans fell in the past week to retest record lows, helping stimulate housing demand, Freddie Mac said Thursday. The most widely used long-term mortgage dropped 0.10 of a percentage point in the week ended Oct. 1 to 4.94 ... Continue Reading
Forbes.com Top 5 Cities Where Home Prices are Hitting Bottom 1. Las Vegas, Nev. Las Vegas-Paradise-Pahrump, Nev., Combined Statistical Area Change: 24 percentage points Homes with Price Reductions, 1/1/2009: 54% Homes with Price Reductions, 9/11/2009: 30% Moody’s Economy.com fo ... Continue Reading
