RealtyTrac: 3.8m Homes to Receive Foreclosure Filing in 2010 Housing likely to contribute to 2013 GDP united states housing bubble – Wikipedia – The United States housing bubble was a real estate bubble affecting over half of the U.S. states.Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. On December 30, 2008, the case-shiller home price index reported its largest price drop in its history. The credit crisis resulting from the bursting of the housing bubble is an important cause. · The South Florida Business Journal features local business news about Miami/Fort Lauderdale. We also provide tools to help businesses grow, network and hire.JPMorgan analysts see housing prices falling until mid-2011 homeownership and doubling up at the MSA level. The analysis uses data on 353 MSAs, with a focus on 12 MSAs, for the period from 2005 (precrisis) to 2011. In this article, MSA-level housing prices serve as a measure of overall housing conditions. The start of the housing crisis in a given area is identified by looking at when housing prices peaked.
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CoreLogic has introduced the Short Sale Monitoring Solution, which the company describes as the industry’s first short sale fraud prevention and pricing solution. The new service allows lenders to receive alerts on "risky" pending and closed short sales to minimize unnecessary losses related to fraud and property underpricing, which CoreLogic estimates at $41,500 per transaction.
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CoreLogic chat shows short sale fraud evolving in unexpected ways Moody’s predicts tougher times for some homebuilders "If there is another recession, I think it wouldn’t be as severe and it would also be shorter," says Gus Faucher, senior economist at Moody. time around," says Paul Dales, senior U.S. economist at.In a round table.
Today, 3.7 percent of short sale transactions involve suspicious activity, according to CoreLogic data. The highest rates of such suspicious activity are centered in California, Florida, Arizona, and Nevada, according to CoreLogic. Source: "CoreLogic Chat Shows Short Sale Fraud Evolving in Unexpected Ways," HousingWire