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Blog - Page 63 - Strategic Real Estate Coach

May Foreclosure Report Results Mixed

Category: Blog

May Foreclosure Report Results Mixed

According to the May 2012 Foreclosure Report from ForeclosureRadar, the impact on overall foreclosures tends to be impacted by local market conditions rather than overall market trends. The report focused on some of the hardest hit states, including Arizona, California, Oregon, and Nevada. Negative equity, according to ForeclosureRadar CEO Sean O’Toole, is the real problem. […]

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{Story Continued} Stage 4 Pancreatic Cancer and the 5K

    Over the past several months, I’ve been sharing my journey of survival from pancreatic cancer with you. Last year, my family, my staff and I battled together to overcome a deadly disease. I’ll never forget how my parents slept overnight day after day next to me at the hospital. I’ll never forget the […]

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Negative Equity Impacts Home Supply Positively

According to CoreLogic, negative home equity is actually driving a drop in REO properties and the overall supply of unsold properties. The result is an increase in home prices. The home supply is at the lowest number in more than five years – sitting at six and a half months. Negative equity makes people more […]

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As Short Sales Increase, So Does Suspicious Activity

At the start of this year, the number of short sales has outpaced the number of REO sales in 12 states. Short sales are increasingly popular with investors as a way to maximize returns from foreclosure sales. Along with the increase in short sales comes an increase in “suspicious mortgage activity reports.” These reports don’t […]

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Housing Recovery Hopes Dimmed By Rising Foreclosure Numbers

Recent information released by RealtyTrac shows a disturbing turn in the number of foreclosures – actually rising by 9% in May over April. This increase can be partly attributed by the release of a backlog of foreclosures by the banks. However, the majority of those homes in foreclosure are just starting the process. While a […]

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Rehabbing For Profit Case Studies

Find out how we raised the capital for our rehabs here Apply to SREC’s VIP Coaching Program here

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Streamlined Short Sales Coming Soon

As of a couple of months ago, short sales accounted for nearly 15% of all home sales in the country. That number continues to grow as homeowners see short sales as a viable alternative to foreclosure. While foreclosures still make up ¼ of all home sales, that figure is down from the previous two years. […]

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Walkability Impacts Home Purchase Decisions

The National Association of Realtors recently released a study that showed 56% of people surveyed are more concerned with the type of neighborhood they live in and the walking distance to amenities, rather than having a big house with all the bells and whistles. A “walk score” is more and more of an issue as […]

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Average Fixed Rates Continue to Drop

A couple of days ago, Freddie Mac released a survey that showed the 30-year fixed rate mortgage averaged 3.67%, a record low for the 6th consecutive week. This is down from nearly 4.5% one year ago. The 15-year fixed rate is down also, falling below 3%, while one year ago it was well over 3.5%. […]

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Sunny Acres Rehab Case Study

Click this link to see how to make $16k in the next 60 days Click this link to apply to SREC’s VIP Coaching Program

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