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Housing Market Insight – July 12th Edition
Posted on July 12th, 2010 No commentsThis week the housing market saw important data on rising New Loan Delinquencies and other emerging trends such as “Extend and Pretend”(commercial sector). Further we’ll take a look at interest rates, mortgage purchase applications, and the best news we’ve seen in 3 years in the multi-family sector.
First the bad news;
New Loan Delinquencies on the Rise [...]This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
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Los Angeles cracks down on banks and lenders who let foreclosure property fall into disrepair
Posted on July 12th, 2010 No commentsLos Angeles cracks down on banks and lenders who let foreclosure property fall into disrepair Monday, July 12, 2010 — PropertyWire Los Angeles is getting tough on the owners of foreclosed properties who leave them empty and let them fall into disrepair…(read more)
Source: Los Angeles cracks down on banks and lenders who let foreclosure property fall into disrepair
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Real Estate Investing In The Face Of a Double-Dip
Posted on July 12th, 2010 No commentsLike a potato chip-wielding George Costanza hovering over a bowl onion dip, real estate seems poised for a double-dip. After bouncing off recent lows, many markets are showing signs of heading down again. Some areas that have experienced extreme declines, such as Detroit and Las Vegas, may not see a significant falloff simply because they [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
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