As rents rise and home prices stay flat more investors are taking the long term approach to real estate investment by choosing to rent out properties they acquire rather than selling them after a quick rehabilitation. This trend has been reported in the most recent Campbell/Inside Mortgage Finance Housing Pulse Survey that shows first time [...]

Finally… the banks are getting a bit more realistic about how they deal with pre-foreclosure properties – more commonly known as ‘Short Sales’ – properties that are being sold for a price that is less than is needed to pay off the associated mortgages. According to RealtyTrac, the time it takes to sell a short [...]

In the continuation of recent trends for our housing economy, and our economy at large, the recent Mortgage Delinquency Survey report from the Mortgage Bankers Association (MBA) shows that foreclosures are down, but delinquencies are back up. Foreclosures Fall The MBA has reported that foreclosure rates have declined to 2007 levels so fewer borrowers are [...]