Smaller Banks Now Under Fire for Foreclosure Abuses. After a landmark mortgage settlement against the nation’s largest banks earlier this year, the U.S. state attorneys general are now investigating smaller banks for alleged foreclosure mishandlings. The U.S. state attorneys general are reportedly targeting U.S. Bancorp, PNC Financial Services Group Inc., SunTrust Banks Inc., and HSBC …
Tag: Real Estate
Sep 10
Homes Are Selling Faster
Homes Are Selling Faster. Sales are quickening their pace as the time to sell a home decreases and falls more in line with a “balanced” housing market, according to new research by the National Association of REALTORS®. The median time a home listed for sale was on the market in July was 69 days, down …
Sep 07
Home for Sale 112 Deer Path Road, Media PA 19063
Home for Sale 112 Deer Path Road, Media PA 19063. Price: $474,900 Est. payment: $2,128/mo Bedrooms: 4 2 days on Trulia Bathrooms: 2 full, 1 partial 418 views Property type: Single-Family Home Size: 2,240 sqft Lot: 0.29 acres Price/sqft: $212/sqft Year built: Ask agent MLS/ID: 6104915 Zip: 19063 Single Family/Detached, Colonial this Home for Sale 112 …
Sep 07
Home for sale 105 Pennock Place, Media PA 19063
Home for sale 105 Pennock Place, Media PA 19063. Price: $365,000 Est. payment: $1,635/mo Bedrooms: 3 2 days on Trulia Bathrooms: 2 Property type: Single-Family Home Size: 1,791 sqft Lot: 0.34 acres Price/sqft: $204/sqft Year built: Ask agent MLS/ID: 6105020 Zip: 19063 Single Family/Detached, Colonial this Home for sale 105 Pennock Place, Media PA 19063 …
Sep 06
Housing Indexes Point to Pricing Rebound
Housing Indexes Point to Pricing Rebound. Several housing indicators in recent months are all revealing a similar trend: Home prices are rising in most markets across the country. The latest housing index from CoreLogic, based on July multiple listing service data, shows national home prices are up 3.8 percent from a year ago in July. …
Sep 06
Banks Open to Short Sales
Banks Open to Short Sales. To meet the terms of the $26 billion mortgage settlement, the nation’s five largest banks are becoming more agreeable to short sales, Inman News reports. The five banks — Bank of America, Citi, JPMorgan Chase, Ally Financial, and Wells Fargo — have issued most of their relief from the settlement …
Sep 05
Home for sale 720 Saint Francis Drive, Broomall PA 19008
Home for sale 720 Saint Francis Drive, Broomall PA 19008. Price: $426,000 Est. payment: $1,909/mo Bedrooms: 5 6 days on Trulia Bathrooms: 3 90 views Property type: Single-Family Home Size: 4,290 sqft Lot: 0.47 acres Price/sqft: $99/sqft Year built: 1954 MLS/ID: 6103073 Zip: 19008 2-Story,Detached, Colonial Home for sale 720 Saint Francis Drive, Broomall PA …
Sep 05
Buyer Pet Peeves When Touring Homes
Buyer Pet Peeves When Touring Homes. What makes home buyers grimace when they tour a home for-sale? Don’t let one of your listings fall prey to one of these common buyer pet peeves. A recent article at Zillow highlights some of the following turn-offs: Pets: Dirty kitty litter boxes or dog toys scattered in a …
Sep 04
Foreclosure Prices Rise, Highest Increase Since 2006
Foreclosure Prices Rise, Highest Increase Since 2006. Foreclosure sales prices rose 6 percent in the second quarter and were up 7 percent year-over-year, RealtyTrac reported this week. This marks the largest annual increase in foreclosure -related sales prices since 2006. During the second quarter, the average foreclosure -related sales price was $170,040. Still, foreclosure and …
Sep 04
Mortgage Rates Reverse Course
Mortgage Rates Reverse Course. Mortgage rates fell across the board this week, after having inched higher the last few weeks from all-time lows, Freddie Mac reports in its weekly mortgage market survey. Here’s a closer look at Mortgage rates for the week ending Aug. 30. 30-year fixed-Mortgage rates: averaged 3.59 percent, with an average 0.6 point, …
Aug 31
Foreclosed Homes to Blame for Spread of West Nile Virus?
Foreclosed Homes to Blame for Spread of West Nile Virus? A home owner living in the Los Angeles area says that the abandoned, foreclosed home next door gave her the West Nile virus. Debbie Davis says the foreclosed home has had an algae-green pool for months, and despite her numerous calls to the city code-enforcement officials …
Aug 31
Mortgage Debt cut by more Home Owners
Mortgage Debt cut by more Home Owners. Mortgage debt is on the decline, according to a new report by the New York Federal Reserve Bank. The New York Fed credits the decrease, as well as the fact that fewer Americans are late on their mortgage payments, to an increase in home owners who have refinanced …
