Posts Tagged ‘home prices’

St Louis Home Loan Mortgage and In House Financing: Home Prices Dropping

Saturday, January 7th, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Customer Financing News: Home Prices Have Dropped


St Louis Home Loan, Financing For Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


The Standard & Poor’s/Case-Shiller index showed today that home prices increased in August from July in 10 of the 20 cities tracked. That marked the fifth straight month that at least half of the cities in the survey showed gains. (more…)

St Louis Mortgage Refinancing and Consumer Finance: Home Prices Decline

Friday, December 30th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Finance and Customer Financing News: NAR Reports Metro Prices Mixed, State Sales Down


St Louis Home Loan, In-House Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Financing For Customers and Principal Loan Reduction


Median existing-home prices declined modestly in the second quarter with 27 percent of metropolitan areas experiencing price gains from a year ago, while state home sales declined from the second quarter of 2010, according to the latest quarterly (more…)

St Louis Real Estate Loans and Customer Financing: Build It and They Will Come

Wednesday, October 19th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Broker and Consumer Lending News: Olick Says If You Build It, Will They Come?
St Louis Home Mortgage and Consumer Finance | Principal Reduction Program | 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Financing and Loan Reduction


“Sales of newly built homes fell around 2 percent in May from the previous month, but that was a little better than expectations, given the lousy home builder sentiment number we got this month and the huge supply of competing existing and (more…)

St Louis Mortgage and Consumer Lending: Low Home Prices Bad For Banks

Saturday, October 1st, 2011


St Louis Mortgage and Real Estate News -

St Louis Home Loans and Customer Financing News: Olick Says Low Prices Hit Banks
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Lending and Loan Reduction


“Home prices began double-dipping months ago, but now that S&P/Case Shiller has chimed in, it really must be so. This report is the most widely-followed home price index, equally quoted in bank boardrooms, Treasury Department back rooms, and Congressional Committees.

The report finds home prices in Q1 of this year are now 2.9 percent below the previous quarterly bottom in Q1 of 2009, effectively giving up all the gains of the (more…)

St Louis Mortgage Lending and Loans: Is This Still A Buyers Market

Monday, June 13th, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Refinancing and Customer Financing News: Buyer’s Market?
St Louis Home Mortgage and Commercial Loans | In-House Financing | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


Falling home prices should give aspiring homeowners the upper hand this spring, but in a growing number of locations, it doesn’t feel like a buyer’s market.  Blame the nearly five-year slide of home prices. Those declines, which accelerated over the past two quarters, have left many sellers unable or unwilling to lower their prices. Meanwhile, buyers remain (more…)

St Louis Home Loan and Financing: Fannie Mae Faces More Losses

Sunday, May 29th, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Refinancing and In-House Financing News: Fannie Mae Declares First Quarter Loss
St Louis Home Mortgage, Consumer Loans and Lending | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Customer Financing and Loan Reduction


Fannie Mae reported net loss of $8.7 billion in the first quarter, including a $2.2 billion dividend payment to the Treasury Department.

The loss narrowed from (more…)

St Louis Home Loan Mortgage: West In Double Dip Recession

Thursday, May 19th, 2011


St Louis Mortgage and Real Estate News –

St Louis Loan Modification and Customer Financing News: Western United States Is Now In Double-Dip Recession
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Consumer Lending and Loan Reduction


New data released by Clear Capital today shows that home prices in the western part of the country are sliding again, down 4.3 percent over the first three months of this year.

Granted housing is inherently local, but the company says, taken on the whole, the West region has (more…)

St Louis Commercial Mortgage and SBA Loans: Home Prices Fall

Sunday, May 8th, 2011


St Louis Mortgage and Real Estate News –

St Louis Commercial Financing and Home Loan News: Home Prices Fall To 2009 Levels
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction |
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


The S&P/Case-Shiller home price index covering 20 major markets fell 3.1 percent year-over-year, and was down 1 percent compared with December 2010.

After rebounding nearly 7 percent off (more…)

St Louis Lending: Home Prices Were Lower

Friday, April 15th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Audit News: Home Prices 4.1 Percent Lower In 2010
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program |
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate


American home prices were turbulent through 2010 ending up 4.1 percent lower than the year before, according to analytics firm Clear Capital.  And prices are expected (more…)

St Louis Home Loans: Strategic Default Risk Increases

Friday, April 8th, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Lending and Loan Reduction News: Strategic Default Risk May Increase
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program |
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Mortgage Loan Modification

The 2011 housing market started off to a bleak pace.

Home prices were expected to drop another 20 percent before hitting bottom, according to economists at A. Gary Shilling & Company, raising the risk that approximately 39.7 percent of borrowers will simply walk away from their home in a strategic default.

The firm reported in its December Investment Insight that home prices are already 29 percent below their peak in the first quarter of 2006 and fell 2 percent between (more…)