Tag Archive | single family

HUD to Sell 40,000 Distressed Loans in 2013

In an effort to address the country‚Äôs shadow inventory and relieve high-foreclosure areas, the U.S. Department of Housing and Urban Development will sell thousands of severely delinquent mortgage loans insured by the Federal Housing Administration.Throughout the summer ahead, HUD will sell approximately 20,000 distressed loans via the Distressed Asset Stabilization Program in an attempt to […]

Home Building Rises to Key Milestone

The annual pace of housing starts topped 1 million for the first time in nearly five years in March, another sign of the rebound in the sector. The pace of housing starts came in at an annual rate of 1.04 million in the month, up 7% from February and 47% from a year earlier. It […]

H.O.A. Fees… What are the true costs?

H.O.A.s… what are they all about? Are they just an extra expense for a new homeowner? The shrinking home inventory has prompted many to turn to new construction, and with budding neighborhoods come budding Home Owners Associations¬†(HOAs). These organizations create and enforce rules(as well as fees and fines) for the homes and properties within its […]