Housing by Ryan Hinricher | March 7, 2011At least all declines aren’t bad. This week we cover declines in loan delinquency, interest rates, loan applications and pending home sales; enjoy. Serious Delinquency Rates Decline Following short term delinquency declines, both Freddie Mac and Fannie Mae reported declines of seriously delinquent loans. Let’s start with Fannie. Fannie Mae reported that loans seriously delinquent [...]
Read the full article → Housing by Ryan Hinricher | August 30, 2010A busy week of mostly negative news for the macro housing market offers; a look at NAR’s Existing Home Sales report, numbers on new home sales, interest rates, mortgage applications, and the Mortgage Bankers Associations quarterly report on delinquency and foreclosures. Existing Home Sales: Expected Fall The National Association of Realtors reported that existing home [...]
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Real Test of Real Estate Recovery Starts Now
by Ryan Hinricher | May 17, 2010Has the tax credit expiring affected your real estate business? Being a fulltime investor requires doing multiple transaction types. And for many investors that includes retail flips. When the tax credit extended many investors (myself included) placed some bets on the owner occupants buying at the second run up to expiration. This played out exactly [...]