Buying a Home

3.4 Million Completed Foreclosures since Sept. 2008, CoreLogic Reports

Buying a Home, Foreclosures, Mortgages, Real Estate, Selling a Home / By

From the start of the U.S. financial crisis in September 2008, CoreLogic reports that approximately 3.4 million foreclosures have been completed. In the past 12 months ending in February 2012, the total number of completed foreclosures nationally reached 862,000, CoreLogic reports. CoreLogic, a provider of property information and analytics, continues that almost 3.4% of all …

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Multi-Generational Family Households On the Rise

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Young adults living with their parents in the U.S. is not anymore uncommon. In fact, this living arraignment has become so widespread in the recent years. According to the Census Bureau, 4.4 million U.S. households gave roof to multi-generational family households in 2010. This data is a 15% increase from the 3.8 million households two …

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Sales of Vacation Homes & Investment Homes Soar in 2011

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According to the 2012 Investment and Vacation Home Buyers Survey conducted by the National Association of Realtors (NAR), sales of vacation homes and investment homes have jumped in 2011 – the highest level since 2005. The 2012 Investment and Vacation Home Buyers Survey, which covers the existing and new home transactions in 2011, shows that …

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Bank of America to Allow Families Facing Foreclosure Rent their Homes

Buying a Home, Foreclosures, Mortgages, Real Estate, Selling a Home, Short Sales / By

Bank of America, one of the nation’s largest mortgage servicers, has announced that it will allow a limited number of mortgage customers who are facing foreclosure to remain in their homes as tenants through the bank’s pilot program called “Mortgage to Lease.” Ron Sturzenegger, Legacy Asset Servicing executive of Bank of America, in a statement …

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