Area home prices jump in April thanks to fewer foreclosures
Slump in cheap distress deals pushes average price up in region The Baltimore region saw a double-digit gain in average home sale prices in April, the most in six years — driven by a shrunken supply of cheap foreclosures rather than by homes seeing a rapid resurgence in value.
Average prices for Baltimore-area foreclosures, short sales and regular homes in April – Baltimore Sun
All things being equal, the purchase price of a short sale will be less than a regular home on the market, and a foreclosure will be lowest of all. Here’s the breakdown — on average — for the Baltimore region in April: Bank-owned home: $ …
Baltimore-area home prices jump in April thanks to fewer foreclosures
Slump in cheap distress deals pushes average price up in region The Baltimore region saw a double-digit jump in average home sale prices in April, the most in six years — but the gain was driven by a shrinking supply of cheap foreclosures rather than a resurgence in value. Danny Chung is trying to sell [...]
To stem foreclosures, committee recommends loan modication bill – Boston Herald
Coakley, who says foreclosures are a major obstacle to a full economic recovery, applauded the advancement of the bill on Wednesday. Coakley has said that in addition to pushing families out of their homes, unnecessary foreclosures have led to …
Bill aimed at preventing home foreclosures in Massachusetts moves forward in Legislature
A bill meant to stop “unnecessary” foreclosures in Massachusetts cleared its first major legislative hurdle Wednesday when it gained approval from the Legislature’s Joint Committee on Financial Services. The bill, filed by Attorney General Martha Coakley, would require banks to analyze certain troubled mortgage loans and offer borrowers modifications when it makes more financial sense [...]
Today's home buyers are younger, and more tech savvy. Foreclosures continue their decline in the state, region
Who are today's home buyers and how are they finding their agents? Dave Cullinane and Karen Beeson, mortgage loan officers with EverBank in Campbell, discuss the type of clientele they are serving these days.
April foreclosures way down in Oakland County
Oakland County saw 45 percent fewer home foreclosures in April 2012 compared to…
Fewer Valley foreclosures, rise in home sales leave some optimistic
Fresno's housing slump may be turning around with early homebuyer activity and fewer foreclosures during the first quarter of this year.
Foreclosures squeeze U.S. home prices
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes usually are sold at steep discounts, thereby lowering average prices.
US home prices fall and sales of new homes drop as foreclosures weigh on housing market
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.