How Will Foreclosure Effect My Credit??
April 30, 2010 by dirkknudsen · Leave a Comment
From: http://www.davidkimmer.com/loanOptions/Education/How%20Foreclosure%20Impacts%20Your%20Credit%20Score/
How foreclosure impacts your credit score
By Les Christie, staff writerApril 22, 2010: 4:44 PM ET
NEW YORK (CNNMoney.com) — If you’re delinquent on your mortgage, your credit score will suffer. Everyone knows that. The question is, by how much?
Until recently, those answers were hard to come by. Credit [...]
In Depth Market Stats for Oregon Show Continuation of Tough Markets
March 25, 2010 by dirkknudsen · Leave a Comment
Well things in many areas seemed to have bottomed out in the Real Estate Market in 2010. In Oregon some areas have flattened and are showings some signs of life. But overall there seems to be doubt that these markets have the ability to return to normal anytime soon.
There is going to be a shortage [...]
January Foreclosures Down but Still Way Up from 2009 in Oregon
March 3, 2010 by dirkknudsen · Leave a Comment
Overall Activity Up 15 Percent From January 2009, REOs Up 31 Percent From January 2009
More Than 300,000 Properties Receive Foreclosure Filings for 11th Straight Month
IRVINE, Calif. – Feb. 11, 2010 – RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its January 2010 [...]
Market Report For West Portland: Bethany
February 25, 2010 by dirkknudsen · Leave a Comment
Here are the trends as they are happening year for Portland, Oregon and the Tri-County Area. Things leveled off and now indications are that we are taking another hit or dip in values as Spring begins. The availability of mortgages, the credit crunch, and the unemployment rate are all in play here in Oregon. Stay [...]
Short Sales Make Up Bigger Share of Market
February 23, 2010 by dirkknudsen · Leave a Comment
Short sales jumped to 15.9 percent of home purchase transactions last month, according to a monthly survey by Washington, D.C.-based business research firm Campbell Surveys and mortgage industry publication Inside Mortgage Finance.
That’s the highest percentage of short sales since the survey first launched in July of last year, when short sales made up 12.5 percent [...]
Housing Rent Values and Rates Drive Home Pricing
February 16, 2010 by dirkknudsen · Leave a Comment
Read this Article from Top to Bottom and see the results of our analysis:
Article From RealTrends.com
It may not be the most widespread measure of housing prices, but if you want to follow a powerful driver, look at rents. Specifically, it’s the rents Americans pay on condos, apartments or houses that are about the same size, [...]
Cash For Keys Program Should be a Final Option: What you Need to Know.
February 15, 2010 by dirkknudsen · Leave a Comment
We are getting a lot of Questions from People who want to Understand if they can or should just walk away from their home and we hear alot about the Cash for Keys Program. That might be an Option for you but it comes with some very real conditions and it also is not a [...]
Realty Trac Says Foreclosures Down By 10% in January
February 12, 2010 by dirkknudsen · Leave a Comment
The Devil is in the Details here. 2009 was Better then the Start we are having to 2010…so read these stats carefully.
January foreclosure activity decreased nearly 10% from December, according to RealtyTrac’s latest U.S. Foreclosure Market Report.
Foreclosure filings were reported on 315,716 U.S. properties during the month, a decrease of nearly 10 percent from the [...]
Oregon’s Home Values AT the Tipping Point in 2010
February 11, 2010 by dirkknudsen · Leave a Comment
Just as Washington was telling you the Great Recession is “over,” the crisis that originally caused it is rearing its ugly head again:
Just this morning, RealtyTrac has reported that, in January, the number of U.S. families facing foreclosure surged a shocking 15% higher compared to the same month last year!
The detail in the [...]
