Sell Your House in 7 Days - David Cooper

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Real Estate Agent - Sell Your House in 7 Days - Gold Star Agent - License CA BRE 00919811
 Investors who sought low prices on distressed inventory with a high return on investment took advantage of opportunities in Q1. With an absence of traditional homebuyers, investors reduced high distressed saturation rates by creating more demand, thus driving up home prices in key recovering met...
  Distressed sales (short sales and REO properties property sales) accounted for just 12.7 percent of residential real estate transactions nationwide in 2014, the lowest share since 2007, according to Black Knight's February 2015 Mortgage Monitor released today. READ MORE
  The national LIHHM was reported to be 109.8 for Q4 2014, a modest increase from the previous quarter and its highest level since 2001, the earliest available data. According to Nationwide, a value of 100 for the LIHHM suggests a healthy housing market, and the likelihood of a downturn decreases...
  You’ve been through a foreclosure, the threat of a deficiency judgment shouldn’t be ignored. So arm yourself with as much information as possible, just in case the collectors come knocking. Walsh says consumers who’ve lost a home to foreclosure should find out if a judge ruled on the matter, be...
The three firms are working together to create a pilot program that will allow 12 of the largest credit card issuers in the U.S. to use alternative data to identify creditworthy individuals who would otherwise be unlikely to obtain traditional credit. After the pilot program is complete in the c...
Average price per square foot for Los Angeles CA was $499, an increase of 15.8% compared to the same period last year. The median sales price for homes in Los Angeles CA for Dec 14 to Mar 15 was $570,000 based on 1,744 home sales. Compared to the same period one year ago, the median home sales p...
 Foreclosureman. The new score is largely a response to banks’ desire to boost lending volumes by increasing loan originations to borrowers who otherwise wouldn’t qualify, many of whom tend to be charged more for loans. But the new yardstick will also throw a spotlight on consumers who often are ...
  The University of Michigan Index of Consumer Sentiment reached 95.5 for the first quarter of 2015, its highest level in more than 10 years (since the third quarter of 2004). While the index declined month-over-month within the quarter from 95.4 in February to 93.0 in March, the index still ros...
The Pending Home Sales Index, a forward-looking indicator based on contract signings, grew 3.1% to 106.9 in February from a slight downward revision of 103.7 in January and is now 12% above February 2014 (95.4). READ MORE
  There are currently 87 properties in Santa Monica, CA that are in some stage offoreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 151. In February, the number of properties that received a foreclosure filing in Santa Monica, CA was 43% higher...

David Cooper

Home Loan Advocate - Gold Star Agent Los Angeles
smartphone(310) 463-7667
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