Foreclosure shadow inventory will take more than 40 months to clear: Fitch

FHFA extends HARP to 2015 The total number of loans refinanced through the home affordable refinance program (HARP) to an unexpected turn downward in the third quarter. According to the Federal Housing Finance Agency (FHFA).

There is dramatic excess capacity – highlighted by the 40%-plus. including the shadow inventory. Short sales activity is being hampered by the refusal of banks to write down second mortgages (see.

ioning of the nation's housing finance system, the Enterprises would be unable to. and loan demand has slowed, advances have been steadily. FHFA also issued more than a half-dozen HERA-man.. three-month treasury bill rate (the TED spread, a.. evidence of “shadow inventory,” and mortgage.

Is investing in housing a losing proposition?  · Investing is a journey and rarely do we know everything when we start. We have a lot of questions to learn about investing and avoid making mistakes (and losing money).. The best way to learn is to ask questions.

Medina Neighborhood Blog is a blog to keep people informed about whats happening in the Medina Neighborhood, as well as Lakemont, Viewmont, Montreaux, Talus, Enatai, Bridle Trails, Medina, Wilburton, Yarrow Point, Kenmore, Clyde Hill, Tam O Shanter, Beaux Arts, Newport Hills, Surrey Downs, Woodridge and Lake Hills communities. We provide information about Homes for sale, statistics.

Realtors said the Bank of America plan, which has a minimum payout amount of $5,000, is a genuine incentive to struggling homeowners who may otherwise fall into Florida’s foreclosure abyss. The current timeline to foreclosure in Florida is an average of 676 days – nearly two years – according to real estate analysis company RealtyTrac. The national average foreclosure timeline is 318 days.

What new Pinterest business pages mean for real estate Using social media sites like Facebook and LinkedIn to help build real estate marketing is nothing new. But Pinterest – a relative newcomer to the social media world – might prove the most valuable social medium for real estate agents.. For those that don’t know, Pinterest allows users to "pin" images and videos they like online to individual pin boards.

Quantitative Easing essentially reversed the market and we have yet to look back since 2009.. I would argue we never had more inventory than nowadays. January 28, 2018 at 7:40 pm. will emanate from; one reasonable scenario is that the “shadow”. Real Estate is clearly at a “Breaking Point.

Tag Archives: mortgage loans. February 8, 2012. It’s these properties that are known as “shadow inventory.” There are many reasons why homes that could be for sale aren’t. Some are stalled in the foreclosure process, which can easily take more than a year in some states. Some banks decide against putting certain homes on the market.

Nearly 40 percent of the sales last month were either foreclosures or short sales, when the seller accepts less than. when the “shadow inventory” of homes is taken into account. These are homes.

Home Encounter - Tampa Distressed Sales Experts and Tampa Property Management reo inventory | Ketron Property Management, Inc. – REO inventory declined at an accelerated pace in 2012 as investor activity intensified, but the impact of the reduction has been uneven across markets, according to an analysis from CoreLogic. In the data provider’s March MarketPulse report, economist Sam Khater explained markets in the Midwest and Northeast are still struggling with REO inventory, while the South and Southwest are seeing.

Las Vegas forecast to lead 2013 home price gains Home prices accelerate by most in seven years – A Reuters poll showed the recovery in the housing market likely has momentum through the rest of the year, with economists ratcheting up their forecasts for price gains in 2013. las vegas, up 20.6.Elderly couple declines Augusta National’s 7-figure home offer “We’re using the ferry as an ocean research vessel,” said Balch, a senior research scientist at Bigelow. In recent years, the researchers have measured a fivefold decline in the growth rate of.