Friday, August 26, 2011

Top Headlines in Real Estate

 
 
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Freddie Mac Warns of Short Sale Fraud - dsnews.com
 
Short sales are quickly gaining ground with homeowners, lenders, and investors alike, and industry data released this week shows that these pre-foreclosure transactions are being pushed through at a faster pace. Freddie Mac...
 
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REO, preforeclosure properties selling at a larger discount - inman.com
 
The share of bank-owned homes and homes in some stage of foreclosure dropped 5 percent from the first quarter to the second quarter, falling from 36 percent to 31 percent...
 
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Slowdown Impacts Commercial Real Estate Markets, Modest Improvement Seen - realtor.org
 
Commercial real estate vacancy rates are flat and projections for growth have been moderated because economic growth and job creation have been weaker than expected...
 
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Proposal to bulk sell REO could hurt home prices: Radar Logic - housingwire.com
 
At least one housing analyst is pushing back against a government proposal to dispose of the government's real-estate owned properties through bulk sales to investors. Quinn Eddins, director of research at data firm Radar...
 
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Pre-Foreclosure Short Sales Jump 19% in Second Quarter - dsnews.com
 
Short sales shot up 19 percent between the first and second quarters, with 102,407 transactions completed during the April-to-June period, according to RealtyTrac. Over the same timeframe, a total of 162,680 bank-owned REO...
 
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