Month: August 2015
Delinquent Mortgages at Lowest Level Since 2007
According to the latest National Delinquency Survey from the Mortgage Bankers Association (MBA), delinquent residential mortgages are at their lowest rate since the second quarter of 2007. This marks ...
Flipping is flopping, says RealtyTrac
According to RealtyTrac data, flipping homes has been on a nearly continuous decline since its peak in 2006. This is attributed to a variety of factors, including a reduction in the number of foreclos...
3.8M Homes Stand Vacant
Unbelievably, a number of homes are being held from a real estate market that is seeing constrained inventories. Approximately 3.8 million vacant homes need repairs or are bank-owned. These “zom...
How to Buy Your Own Island
Escaping to your own private island is easier than you think. The world is filled with small pieces of paradise that cost under $100,000. Considering this is much cheaper than owning a home in a major...