David Reyes's (doralizguizar) Blog

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Real Estate Agent - Fantastic Real Estate
RECENT BLOG POSTS
A nationwide survey of U.S. homeowners has found that more than half of respondents (58 percent) rank declines in housing market value as the biggest risk to their home, significantly higher than a fire (15 percent), tornado (nine percent) or hurricane (eight percent). When asked whether owning a...
11/09/2011
Isn't it about time for some good news on mortgage modifications? Here is some, in the form of a paper titled Who Receives a Mortgage Modification? Race and Income Differentials in Loan Workouts. The authors use data from the Home Mortgage Disclosure Act (HMDA) to assess borrower characteristics ...
11/08/2011
Home prices jumped 4% in the third quarter, though home values stagnated from the previous quarter, according to separate reports Tuesday. Third-quarter prices were the second-straight quarter of growth according to the home price index from Integrated Asset Services. Second-quarter prices had in...
11/08/2011
Foreclosure filings in Colorado dropped 27% to 23,338 postings in the first nine months of 2011, down from 32,009 postings a year earlier, the Colorado Division of Housing said Tuesday. In the same state, foreclosure auction sales fell 18% when comparing the first nine months of 2011 to the same ...
11/08/2011
Since July 2008, the U.S. government has disbursed more than $6 billion in grants to rehabilitate vacant foreclosures. But now, more than three years later, communities are turning to and sometimes forcing private banks to foot the bill under an ongoing plague of blight. According to the Census d...
11/08/2011
Home prices in Texas ticked up slightly in August based on data from the S&P/Case-Shiller home price index, but remained stagnant overall, the Federal Reserve Bank of Dallas said in a report this week. The Fed bank said home inventory levels in Texas remained unchanged at a seven-month supply in ...
11/08/2011
The national delinquency rate for borrowers who are 60 days or more past due on their mortgages rose for the first time in two years during the recent third quarter,TransUnion said Tuesday. The delinquency rate for seriously past due loans edged up to 5.88% in 3Q, TransUnion reported. "Until this...
11/08/2011
Tuesday, November 1st, 2011, 4:20 pm   Foreclosure starts dropped 11.2% in September from the prior month, but loans in foreclosure have been delinquent an average of 624 days, which is the highest level yet and up about two weeks from the level reported in August. Lender Processing Services' (LP...
11/02/2011
Wednesday, November 2nd, 2011, 8:00 am   The private sector added more jobs in October than most analysts expected on gains in the service sector, according to the ADP National Employment Report. Automatic Data Processing Inc. said nonfarm private payrolls increased by 110,000 in October on a sea...
11/02/2011
Tuesday, November 1st, 2011, 4:19 pm   Projected losses on securities backed by subprime mortgages are beginning to stabilize, according to Moody's Investors Service, but the risk of borrowers defaulting on jumbo loans is growing. The subprime borrowers most at risk of defaulting already have, an...
11/02/2011
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