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New changes with regards to appraisals will alleviate problems with banks sabotaging appraisals and lowering the value of the property below the purchase price. In some cases Buyers trying to obtain financing are told their banks are not using the value the appraiser came up with. Lenders now often double-check an ...
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Florida is one of America's Top States for Business in CNBC's fourth annual ranking, a study of all 50 states that examines 10 different categories, including workforce, to measure each state's ability to attract businesses. Under 'Workforce," Florida moved up from 2009's number three spot.
"The Sunshine State ...
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Los Angeles (AP) - July 15, 2020 - More than 1 million American households are likely to lose their homes to foreclosure this year, as lenders work their way through a huge backlog of borrowers who have fallen behind on their loans.
Nearly 528,000 homes were taken over by lenders in the first six months of the year, a rate that is on track to ...
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WASHINGTON - 7/15/10 - Federal Reserve Officials now predict the economy will grow between 3 percent and 3.5 percent this year. That's down from forecast of 3.2 percent to 3.7 percent made in April.
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What makes one home's value plummet when a similar home in a similar neighborhood remains stable? That is the million dollar question in real estate. Data show that home values can vary depending on the neighborhood, the age of the home, location/lot desirability and the economic stability of neighbors. No neighborhood is immune to ...
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