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DS News Webcast: Tuesday 12/10/2013

first_img  Print This Post The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago December 10, 2013 608 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Featured / DS News Webcast: Tuesday 12/10/2013 Demand Propels Home Prices Upward 2 days ago 2013-12-10 DSNews Share Save Is Rise in Forbearance Volume Cause for Concern? 2 days ago in Featured, Media, Webcasts Servicers Navigate the Post-Pandemic World 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: DSNews Related Articles Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Platinum Data Recruits Valuations Expert to Tap Growing Market Next: Watt Confirmed as FHFA Director Sign up for DS News Daily DS News Webcast: Tuesday 12/10/2013last_img read more

Missouri Foreclosure Rate Tumbles in November

first_img Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Missouri Foreclosure Rate Tumbles in November Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Foreclosure Filings Foreclosure Inventory Missouri Notice of Trustee’s Sales RealtyTrac REO The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Missouri Foreclosure Rate Tumbles in November A steep decline in foreclosure filings in Missouri has dropped the Show Me State from the middle of the pack down to having one of the lowest foreclosure rates among states in November, according to RealtyTrac’s U.S. Foreclosure Market Report for November 2014 released late last week.Foreclosure filings, which include notices of default, foreclosure starts, and lender repossessions, declined in Missouri by 42.1 percent from October to November and by 28.6 percent from November 2013 to November 2014, according to RealtyTrac. Whereas Missouri ranked 27th among states in October with one foreclosure filing for every 1,697 housing units, that average plummeted in November down to one for every 2,933 housing units, dropping Missouri down to 41st. The only states with lower foreclosure rates in November were North Dakota, South Dakota, Montana, West Virginia, Vermont, Mississippi, Arkansas, Nebraska, and Kansas, according to RealtyTrac.The total number of foreclosure filings in Missouri tumbled from 1,597 in October to 924 in November out of 2.7 million residential housing units in the state, which has a population of almost 6 million, according to RealtyTrac. Foreclosure inventory accounted for 0.3 percent of all housing units in November, RealtyTrac reported. The main reason for the downward surge of foreclosure activity in Missouri in November was the decline in REO activity, or lender repossessions, which fell from 788 in October to 302 in November.RealtyTrac VP Daren Blomquist said one reason for the large October-to-November decline in foreclosure activity Missouri that the state was coming down from spike of 181 percent month-over-month from September to October. However, Missouri has experienced a lengthy trend of declining foreclosure activity. Foreclosure inventory has increased year-over-year in Missouri only twice in the last 45 months since March 2011, Blomquist said, and the main reason is because the loans are performing better.”Slowly but surely, the market’s winding through the rat’s next of toxic loans and moving past those,” Blomquist said. “The loans that originated since 2009 are performing much better and not foreclosing at such high rates.”November also saw a significant month-over-month decrease in the number of notice of trustee’s sales (filings by notice announcing a public auction) in Missouri, down from 809 to 622,a decline of 23 percent, according to RealtyTrac. Related Articles December 15, 2014 987 Views Sign up for DS News Daily Foreclosure Filings Foreclosure Inventory Missouri Notice of Trustee’s Sales RealtyTrac REO 2014-12-15 Brian Honea Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Foreclosure, News Previous: Foreclosure Protection Bill for Servicemembers Passes in Both House, Senate Next: DS News Webcast: Tuesday 12/16/2014 Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Share Save Subscribelast_img read more

Ten States Where Home Prices are Heating Up

first_img  Print This Post The Best Markets For Residential Property Investors 2 days ago Ten States Where Home Prices are Heating Up Governmental Measures Target Expanded Access to Affordable Housing 2 days ago April 25, 2016 1,633 Views About Author: Xhevrije West Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. Share Save The Best Markets For Residential Property Investors 2 days ago Tagged with: Black Knight Financial Services Hone Prices Data Provider Black Knight to Acquire Top of Mind 2 days ago in Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Demand Propels Home Prices Upward 2 days ago Is Rise in Forbearance Volume Cause for Concern? 2 days ago Previous: Wells Fargo Extends Outreach in Underserved Communities Next: Is Housing Springing Forward. . .Or Falling Back? Home prices have been consistently rising for the last few years and although the pace has slowed, they are still ticking upward in these 10 housing markets.U.S. home prices rose marginally by 0.7 percent in February and 5.3 percent year-over-year, according to Black Knight Financial Services’ Data and Analytics’ February 2016 Home Price Index (HPI) report.The HPI reached $254,000 in February 2016 and is now only 5 percent off its June 2006 peak of $267,000. In addition, the index is up 27.5 percent from the housing market’s bottom in January 2012.Among all states in the U.S., Washington (1.8 percent), Colorado (1.7 percent), and Oregon (1.3 percent) demonstrated the strong upward monthly price movement, Black Knight reported. Meanwhile, on the weak end of the spectrum in terms of price appreciation, Connecticut (-0.4 percent), Rhode Island (-0.2 percent), and New Jersey (-0.2 percent) were the only states that experienced negative price movement.Black Knight’s Top 10 Home Price Movers (Monthly, State-Level):Washington 1.8 percentColorado 1.7 percentOregon 1.3 percentCalifornia 1.3 percentHawaii 1.2 percentTennessee 1.2 percentIdaho 1.1 percentUtah 1.1 percentNew Mexico 0.9 percentAlabama 0.9 percentSan Jose, California led metro areas with 2.4 percent in home price growth from January, followed by Seattle, Washington at 2.1 percent and Sana Francisco, California at 2.0 percent. On the other hand, Atlantic City, New Jersey (-0.1 percent), New Haven, Connecticut (-0.7 percent), and Ocean City, New Jersey (-0.5 percent) saw the most negative home price appreciation.Black Knight found that of the 20 largest states tracked in the report, home prices in New York ($353,000), Tennessee ($179,000), and Texas ($218,000) all hit new peaks in February. Of the nation’s 40 largest metros, 10 hit new peaks–Austin, Texas; Dallas, Texas; Denver, Colorado; Houston, Texas; Kansas City, Missouri; Nashville, Tennessee; Portland, Oregon; San Antonio, Texas; San Francisco, California; and San Jose, California.Click here to view the full report. The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Featured / Ten States Where Home Prices are Heating Up Related Articles Black Knight Financial Services Hone Prices 2016-04-25 Brian Honea Sign up for DS News Daily Subscribelast_img read more

Ten-X Forecasts Housing Market for 2016 and Beyond

first_img  Print This Post Housing Outlook Ten-X 2016-07-13 Brian Honea Previous: Foreclosed Home Values Skyrocketing Since Crisis Next: DS News Webcast: Thursday 7/14/2016 Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Housing Outlook Ten-X The housing market for the remainder of 2016 will look very much like 2015 as far as both existing-home sales and home price appreciation—and that foreclosure activity could return to “normal” levels as soon as the middle of next year, according to Ten-X Chief Marketing Officer Rick Sharga in a webinar this week.Sharga predicted that by the end of the year, there will be an estimated 5.3 and 5.5 million existing-home sales as well as 550,000-600,000 new home sales. He also predicted home prices should rise between five and six percent which he says is higher than normal but down from the double-digit growth seen in previous years.In regards to inventory, Sharga says Ten-X attributes weakness across the board to lackluster construction, underwater borrowers, and declining distressed inventory. Ten-X also states affordability for homebuyers may become a problem as prices continue to outpace wage growth, causing buying activity to slow down.Household formation, according to Ten-X research, is slower than expected. Analysts believe a lack of starter homes, generational tendencies (such as millennials purchasing homes later in life than anticipated), and credit availability may skew numbers toward rentals.The good news, according to Ten-X, is the foreclosure crisis is almost over and they don’t foresee another wave of foreclosures in the near future. Ten-X analysts do predict, however, that another recession could be coming as soon as 2019. They don’t feel, though, the potential recession would be nearly as severe as the previous one in 2008 because there is less risk built into the lending practices now.Ten-X anticipates that foreclosure activity should return to normal levels by 2017 and could even dip below historical norms. Note sales by GSEs and the other major lenders are diminishing the number of distressed properties entering the market and these major lenders are accelerating that recovery. Finally, Ten-X states that it unlikely the housing market will hit a “full recovery” until 2018 at the earliest. Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, TX. Born and raised in Texas, Kendall now works as the online editor for DS News. Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Ten-X Forecasts Housing Market for 2016 and Beyond Demand Propels Home Prices Upward 2 days ago Related Articles About Author: Kendall Baer The Best Markets For Residential Property Investors 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Foreclosure, News July 13, 2016 1,297 Views Share Save Ten-X Forecasts Housing Market for 2016 and Beyond The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more

Examining the Shifts in Housing Values

first_img Share Save  Print This Post Related Articles Previous: Slashing Through the Servicing Jungle Next: The Week Ahead: Focus on Vacant Property Law Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Appreciation Home Values Prices Rentals Zillow 2018-11-23 Seth Welborn The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Examining the Shifts in Housing Values Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Appreciation Home Values Prices Rentals Zillow Subscribecenter_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. About Author: Seth Welborn Home value appreciation, as well as rents, saw a slight slowdown year over year in September, according to the latest Real Estate Market Report from Zillow. Home values in September 2018 increased by 7.6 percent, down slightly from the 7.8 percent growth in September 2017.Meanwhile, the median rent is down 0.2 percent year over year as of September, down to $1,440. Rent appreciation has slowed for the last seven months before taking a negative turn in September.Despite the slowdown, high mortgage rates may still keep some potential buyers out of the market. Zillow notes that for many median-priced homes, mortgage rates are growing at twice the rate of home values.According to Zillow, mortgage rates dropped to 4.5 percent from 4.56 percent month over month, but this is still 75 percent higher than rates were at the beginning of 2018. Additionally, inventory has seen a continual decline, as the number of homes for sale dropped by 1.9 percent in September.”Today’s data are yet another signal that the housing market is easing toward a more normal, sustainable pace after the frenzy of the past three years,” said Zillow Senior Economist Aaron Terrazas. “With slowing rents and home value growth, searching for a new home should be somewhat less competitive than it was a year ago, giving renters and buyers a bit of breathing room. Rents remain high by historical standards, but September’s modest annual decline in rents should ease some of the pressure pushing higher-income renters to buy. And though home value appreciation is slowing, homes are more expensive than ever, making it difficult for first-time buyers to save for a down payment to break into the market. Housing plays a central role in most people’s finances, but for people already in their homes with fixed mortgages, there’s minimal spillover. For renters, slower rent growth is welcome news and will put more spending money in their already stretched pockets. The slowdown in new construction is more worrisome for the overall economy: Home building has been a net contributor to economic growth and employment, but rising costs mean that it could shift toward a drag in the future.”Find the full Zillow Real Estate Market Report here. Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Journal, Market Studies, News Sign up for DS News Daily November 23, 2018 1,800 Views Home / Daily Dose / Examining the Shifts in Housing Valueslast_img read more

The Homebuyer’s Economy in 2019

first_img Share 1Save With financial situations threatening to worsen in the coming year, economic growth is projected to slow to 2.2 percent in 2019, down from the previous year’s 3.1 percent growth, according to Fannie Mae Economic and Strategic Research Group’s January 2019 Economic and Housing Outlook. Fannie Mae notes that despite the boost in 2018, household income is expected to wane this year, but the labor market is expected to remain solid.According to Fannie Mae, the housing market should remain relatively stable as interest rates are expected to change very little in 2019, giving potential homebuyers new opportunities following 2018’s “erratic interest rate movement”.Fannie Mae notes that the Fed’s plan for the year remains central to the forecast, and with tightening financial conditions and muted inflationary pressure, only one interest rate hike expected for the year.“Economic growth in 2018 will likely turn out to be the strongest of the current expansion, and inflation remained anchored even as the unemployment rate dipped to multi-decade lows. However, home sales experienced a setback, partly attributable to the most aggressive pace of monetary tightening of the expansion,” said Doug Duncan, Chief Economist at Fannie Mae.“This year, the expansion is likely to become the longest on record, but the path to continued growth faces a number of downside risks with fewer upside risks,” Duncan said. “With fading impacts of fiscal policy and tight financial conditions around the globe, we’re seeing moderating economic growth in the next couple of years. The Fed’s continued efforts to unwind expansionary monetary policies implemented during the recession have the potential to add to the headwinds facing the economy. However, we believe that contained price pressures should afford the Fed sufficient latitude to slow or pause rate hikes this year. This will allow the economy to continue growing, albeit at a slower pace, and housing to regain its footing.” Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Previous: Spotlight on Fast-tracking Foreclosure Next: A Housing Heat Wave Hits the South Economy Fannie Mae Fed Mortgage Market 2019-01-22 Seth Welborn Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Homebuyer’s Economy in 2019 Data Provider Black Knight to Acquire Top of Mind 2 days ago The Homebuyer’s Economy in 2019 Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago January 22, 2019 1,148 Views The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Sign up for DS News Daily Tagged with: Economy Fannie Mae Fed Mortgage Marketlast_img read more

Donegal County Council Budget Meeting reconvenes at County House

first_img Twitter Facebook WhatsApp Facebook Google+ Guidelines for reopening of hospitality sector published Google+ Need for issues with Mica redress scheme to be addressed raised in Seanad also Almost 10,000 appointments cancelled in Saolta Hospital Group this week By News Highland – January 13, 2014 Twitter LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img Previous articleMcGuinness pleased to have players back on game timeNext articleGarda probe after five figure sum is stolen in Ballyshannon break-in News Highland WhatsApp Pinterest Donegal County Council Budget Meeting reconvenes at County House Calls for maternity restrictions to be lifted at LUH Donegal County Council’s budget meeting has reconvened at County House with a huge media presence in the building. It’s the fourth day of the meeting which remains deadlocked, with Fine Gael, Labour and some Independents supporting the budget, while Fianna Fail, Sinn Fein and Independent Cllr John Campbell oppose it.Earlier this morning, Independent Councillor Frank Mc Brearty said while he has concerns about elements of the budget, he will be supporting it, and is urging others to do likewise.He says voting against this budget could lead to somebody from Dublin coming to Donegal andmaking key decisions for the council.It would, he suggested, be just like the night the Troika set foot in Dublin and started running the country. RELATED ARTICLESMORE FROM AUTHOR Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Pinterest Newslast_img read more

Bundoran RNLI warn of bogus collector dressed as Santa

first_imgNews RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published The RNLI has issued a warning about bogus collectors in Donegal.Gardai in Bundoran are investigating reports that a man in a Santa suit attempted to collect money in a pub in the town last night.Shane Smyth is press officer with Bundoran Lifeboat ; he says this was not an official collection, and they are shocked that anyone would use the RNLI’s name in this way.He’s urging anyone with suspicions about collectors to contact gardai……….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/11/rnli830.mp3[/podcast] Almost 10,000 appointments cancelled in Saolta Hospital Group this week Minister McConalogue says he is working to improve fishing quota Twitter Pinterest Twitter Facebook Need for issues with Mica redress scheme to be addressed raised in Seanad also WhatsAppcenter_img By News Highland – November 19, 2012 WhatsApp Google+ LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ Pinterest Previous articleLetterkenny man recovering after being hit by train in HollandNext articleMissing Galway woman found safe and well News Highland Facebook Bundoran RNLI warn of bogus collector dressed as Santa 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Reportlast_img read more

Donegal people caught up in New Zealand earthquake

first_img WhatsApp The Prime Minister of New Zealand says the death toll from an earthquake in the city of Christchurch may rise.65 people have so far been confirmed dead, but up to 200 are still trapped under the rubble of collapsed buildings.Because the quake struck at lunchtime, the streets and shops were crowded. Mary Dunne – who is originally from Letterkenny – is living in Christchurch.Her home has been destroyed by the earthquake.She was explaining what happened when her area was hit by another aftershock:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/11maryquake.mp3[/podcast]Patrick McGowen, from Ballybofey,has been recounted how he was involved in the rescue operation. He outlined his efforts to save the life of a man injured in the earthquake:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/mcgow1quakepm.mp3[/podcast] Twitter HSE warns of ‘widespread cancellations’ of appointments next week Pinterest Pinterest Google+ Donegal people caught up in New Zealand earthquake Google+ Man arrested in Derry on suspicion of drugs and criminal property offences released Twitter Dail to vote later on extending emergency Covid powers center_img Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp Facebook By News Highland – February 22, 2011 Facebook PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal RELATED ARTICLESMORE FROM AUTHOR Newsx Adverts Previous articleSoccer – Given Out Of Republic’s March QualifierNext articleConservation group responds to permission for Glenties windfarm News Highland Man arrested on suspicion of drugs and criminal property offences in Derrylast_img read more

Objections to bar application may jeapordise Derry Christmas market

first_img Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApp Google+ Facebook 365 additional cases of Covid-19 in Republic WhatsApp Pinterest RELATED ARTICLESMORE FROM AUTHOR Facebook It’s emerged that a planned Christmas market in Derry’s Guildhall Square may not now go ahead because of objections from five local bar owners.The application for the market licence includes provision for a bar, but the objectors claim it will affect thei Christmas trade.The application was adjourned until next Tuesday.The application for the licence was lodged by Meenan Square Ltd, the proprietors of the Bogside Inn, who want the market to run for three weeks, starting on December 2nd.Thomas Doherty, representing Meenan Square, said the market was on a similar scale to similar events in Belfast, Galway and Dublin. He said it has the ull support of Derry City Council, and there were no objections from police.Mr Doherty stressed that ff this application for an occasional licence for the Christmas market fails, then there will be no Christmas market in the city.He said he believed there was no basis for the objections from the five local bar proprietors.District Judge, Mr Barney McElholm, said he only became aware of the objections this morning.He said he was not entirely clear what the legal arguments were, and he wanted to study the law in relation to the application and objections. Google+ 75 positive cases of Covid confirmed in North center_img Twitter Twitter Pinterest Previous articleDonegal fishermen may be subject to cuts in their quotas of white fish for 2013Next articleAppeal in case of Donegal mans murder dismissed News Highland Main Evening News, Sport and Obituaries Tuesday May 25th Objections to bar application may jeapordise Derry Christmas market By News Highland – October 26, 2012 News Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan firelast_img read more