Author Archives: Rob Carlson

Housing Price Recovery Slows Nationally

Per the Case-Shiller report, home-price gains across the country eased a bit in June, spurring concerns that rising mortgage rates are slowing the recovery.  Economist Stan Humphries acknowledged that the June report fails to reflect the impact higher rates are having on house prices, stating that that won’t happen until the July data is released […]…
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Property Management in the Government Sector

Property Management services are programs provided by private companies or the government that help relocating employees manage their previous residence as a rental property. By allocating an allowance for Property Management services, the government reduces overall government relocation costs by using Property Management services in place of allowances for the sale of the residence. Furthermore, these allowances relieve employees who are transferred to duty […]…
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Should You Buy Now?

We are hearing a lot about historically low interest rates and rising existing home prices, so those would typically indicate that you should get in while you still can.   In a recent article by Melinda Fulmer of MSN Real Estate, she provides some deeper analysis behind the headlines that would indicate that most buyers still […]…
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10 Cheapest Cities to Live In

Kiplinger Personal Finance Magazine released their list of the 10 cheapest U.S. cities to live in based on the cost of living expenses.  Those costs include housing, medical care, utilities and groceries among other items.  The list is heavy with southern cities and definitely reflects areas where housing prices and rents are well below the […]…
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Are home prices on the upswing?

A recent NBCNEWS.com article has presented data to demonstrate that nationally home prices bottomed out in January 2012 and we are beginning the slow climb upward.  It would appear that most signs are pointing towards a rebound:  Miami, Phoenix and Las Vegas posted home-price gains in May, home prices helped lift 700,000 homeowners above water in the […]…
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Mixed Messages on the Housing Market

In recent a MSNCB article , Bill Briggs brought together a number of different viewpoints to illustrate how varied the perceptions are on the state of the real estate market.  The Standard & Poor’s/Case Shiller composite index has shown a 0.7 % national bump from March to April.  This slight increase was led by big increases […]…
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Distressed Homeowners to Renters

We have all heard the phase “rent to own”,  but in the real estate market we are hearing about increases in number of homeowners converting back into renters.  In their recent Los Angeles Times article, E. Scott Reckard and Alejandro Lazo detail a recent mortgage-to-lease program that Bank of America is testing on a limited […]…
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National Foreclosure Activity Down

Foreclosure For Sale Real Estate SignForeclosure For Sale Real Estate Sign

 RealtyTrac released its U.S. Foreclosure Market Report  for April 2012 and the overall results were positive. Foreclosure filings in April were the lowest monthly total since July 2007. The 188,780 properties represented a 5%decrease from March and a 14% decrease from April 2011. While the overall results are positive, Brandon Moore, CEO of RealtyTrac, noted […]…
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Foreclosure Aid being offered to Investors

The recent decision to extend mortgage assistance to investors is certainly causing controversy.  Supporters of the decision see the need to avoid foreclosed, vacant properties regardless of their ownership since those empty homes drive down property values in the neighborhood.  The recent Bloomberg article sites a 2009 report by the Center for Responsible Lending, which said […]…
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Speeding Up the Short Sale Process

In a recent post from dsnews.com, Ester Cho writes about a bill that has been introduced in the Senate to speed up the short sale process.  By speeding up the short sale process, the Prompt Notification of Short Sale Act looks to avoid losing homes to foreclosure as a result of the long lender response times […]…
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