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According to foreclosure-tracking firm RealtyTrac, foreclosure filings fell to 199,000 in March 2012, a 17 percent decrease from March 2011. Last month marks the first time since July 2007 that foreclosure filings numbered less than 200,000 on a monthly basis — a span of nearly 5 years.
The generic term “foreclosure filing” is used to group all types of foreclosure activity ...
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After a series of months during which foreclosure volume was low, total filings have started to rise again, says RealtyTrac.
In February, 21 states posted a year-over-year increase in monthly foreclosure filings, according to the national foreclosure-tracking firm. This is nearly twice as many states as compared to December 2011, marking the highest monthly reading since November 2010.
A “foreclosure ...
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Home builders are feeling worse about the market for new homes nationwide.
With construction credit tight and competition from foreclosures increasing, the National Association of Homebuilder's Housing Market Index slipped 1 point in Sptember, falling to levels just below the index's 12 month average.
The HMI measures homebuilder confidence nationwide. It's the results of 3 separate homebuilder surveys, ...
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Forbes named Mpls/St. Paul as one of America's Best Housing markets. Forbes ranked the top 10 markets by One Year Price Forecast: -0.01, Housing Opportunity Index: 84.9 and the Percentage of Housing Units in Foreclosure: 2.2.
So we actually have one of the healthiest markets in the country confirming my personal belief that we have reached the bottom and we are on the rise in activity, value and the ...
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I know a lot have buyers have been waiting to buy a new home this year. Waiting to see if the tax credit is extended..Done! Waiting to see what interest rates are going to do...Went DOWN! Or just waiting for the right home in the right location and price. Well it's time to take action.
As we approach the holidays and the new year I know one thing for sure. The time will never be better to finally ...
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I have dealt with a well known high-end builder for several years and I have brought him many high end custom build jobs. It seemed like I should bow down to him when asking for a commission and feel honored with what ever he gave me. Despite the fact the builder did well on every job collecting the commission was always a challenge. A couple times I agreed to take monthly payments to make sure I got ...