Year: 2011

Multifamily Permits Surge

From sddt.com: Through four months of 2011, developers have placed a bet that there’s demand for new housing in a market dominated by severely discounted distressed properties. While foreclosures and short sales continue to depress the housing market, builders have...

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One Month To Go

The word is on the street - Bank of America will stop taking loan applications for the super-conforming loans (max $697,500 in SD) on July 1, 2011, in order to comply with Fannie/Freddie's  October 1st deadline. Their website today is quoting 5.0% with one point for...

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Fraud in Plain Sight

From HW: Short sales increased rapidly over the last several quarters, but wherever there are home sales, there are home sales fraud. Sales of properties on the verge of foreclosure tripled over the last two years and will increase another 25% this year, according to...

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