Move To The Balloon » Market News & Data

New Breaking Trends

TimKuptz — Fri, 28 Feb 2014 19:10:01 +0000

Emerge is going to be presenting at the RE/MAX R4 Convention this year to promote their new endeavors with its affiliates. This platform is allowing RE/MAX offices across the country to manage their social media pages in a more productive manner allowing information to be generated to other agents and prospects. We are getting involved are you? For the full article on inman.com follow this link.

Home Prices on the Rise

TimKuptz — Wed, 26 Feb 2014 19:40:47 +0000

Are double-digit gains in home prices gone? CoreLogic anticipates a substantial deceleration in home price gains this year. In fact, the firm predicts home price gains will fall just below the long-term historical norm of 4.5 percent appreciation annually, which has been maintained since 1975. The lessening in price increase may be due to decreased investor demand and the dissipation of REO inventory. Housing still remains affordable which should stave off concern of a bubble.

Please share your comments below and for the full article follow this link.

February 2014 National Housing Report

TimKuptz — Tue, 18 Feb 2014 23:14:25 +0000

Check out this month’s National Housing Report by following this link.

Millionaires Bulking Up in the Real Estate World

TimKuptz — Fri, 07 Feb 2014 19:51:03 +0000

Recently published on Bloomberg.com it was stated that investing in Real Estate is more appealing in 2014. Morgan Stanley Wealth Management reported that millionaire investors are seeing a real benefit from purchasing homes throughout the United States, where equity has risen 71% since the recession in 2009 and is continuing to grow. According to Tiger 21 Investors the sustainable income is what is so appealing – getting more properties for perpetual income. What does this mean for your business and clients please share below. Follow this link for the full article.

Best in the West

TimKuptz — Wed, 05 Feb 2014 22:11:58 +0000

Some emerging trends, Zillow reports, appears that the housing market is continuing to dominate the western United States. The affordability has the potential to lead to unhealthy conditions but at this time the housing prices are still very much alive especially in California. Go here to review the latest numbers from DSNews follow this link.

2014 Recovery

TimKuptz — Thu, 30 Jan 2014 18:10:59 +0000

Recovery appears to be entering a new phase for the beginning of this year, Capital Economics are reporting that mortgages rates may be taking a toll with the housing market but this is only slowing the recovery process rather than reversing it. Supply for homes is still increasing but investors are still snagging up properties. What are your thoughts on the local recovery? Please share your comments and thoughts below, for the full article by DSNews follow this link.

Housing Market Predictions

TimKuptz — Fri, 17 Jan 2014 20:35:48 +0000

On a national level, foreclosure activity continues to decline, distressed home sales on the rise, single family starts have risen drastically in the last few months of 2013. Housing analysts foresee a turnaround on the horizon for 2014 resulting in dramatic changes with inventory improving and more investors snagging the REO market. For the full article from DSNews please click on this link.

Freddie and Fannie Updates for Short Sale Processing

TimKuptz — Tue, 03 Dec 2013 17:45:24 +0000

Freddie Mac and Fannie Mae are changing their requirements to help more borrowers with short sales and Deeds-in-Lieu to become affective Mid-January. They are trying to ease eligibility requirements for homeowners for liquidation workout options. Documentation exceptions have been expanded to include Chapter 7 BKs regardless of the borrowers’ FICO scores. The not-so-good news is Investor loans must now include a complete Borrower Response Package (BRP) to evaluate these borrowers’ cash reserves. For the full article recently published in DSNews.com please click here.

Housing Market Recovery, Do We Have a Plan?

TimKuptz — Thu, 08 Nov 2012 22:41:55 +0000

Dave Liniger, Founder and Chairman of RE/MAX, challenged both presidential candidates to step up to the plate and lay out a plan to right America’s housing market. Liniger questioned how the candidates focused their debates solely on the economy and unemployment while continuing to ignore the issue of the housing market. He challenged the candidates to give the American people a plan of action for how we will move forward and use the market to boost the economy as we have time and time before. Liniger said “housing does have the ability to promote a stronger overall recovery if it is allowed to do so, but it will take real political leadership in the White House and Congress to acknowledge this fact and take the appropriate steps.” There was an overwhelming response to Liniger’s remarks, and the vast majority of respondents support Liniger’s views, saying it’s time to stop the avoidance of important issues. Click here to view the discussion and Liniger’s letter challenging the White House and Congress to address the issues of the housing market. Share your thoughts on Liniger’s letter and the market.

Settlement Key to Recovery

TimKuptz — Wed, 10 Oct 2012 16:17:57 +0000

Recently, the HUD Secretary Shaun Donovan spoke at the Asian Real Estate Association of America convention at Bellagio regarding how to help American homeowners get back on track. Donovan stated “the $25 billion national mortgage settlement is key to that goal, along with refinancing mortgages and reducing principal for those who are deeply underwater.” Another bill that is currently being reviewed by congress would help homeowners whose loans aren’t backed by Fannie or Freddie Mac or any other government entity. Since the Home Affordable Refinance Program (HARP) was modified in November by President Obama, the number of Nevada homeowners who have applied for mortgage refinancing increased 260 percent helping Nevada fall out of the ranking as Number One in Foreclosures. For the full article please click here and share your opinions with us. How would you be affected by the settlement?