Month: June 2013

Effects of Higher Rates

Hat tip to daytrip for sending in this article from money.cnn.com. An excerpt: San Diego real estate agent Jesse Zagorsky said one of his clients put in an offer on a home last Friday for $650,000, nearly $35,000 more than the home's listing price. Over the weekend,...

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Cutting Appraisal Costs

From bloomberg.com: http://www.bloomberg.com/news/2013-06-27/bank-of-america-said-to-send-property-reviews-to-india.html Bank of America Corp. opened a unit in India to review home-valuation reports as it seeks to rebuild share in U.S. mortgages at a lower cost, said...

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