· Catfish’ Recovery Out-Swims Case-Shiller RISMedia, June 8, 2011-New listing prices, which lead transactions by three to six months, are already up 8.7 percentage points over the March trough, an indication that sellers are pricing more confidently, says Scott Sambucci, vice president of market analytics for Altos Research in a Webcast for customers.
A shout out to Rick Sharga for working in our "Catfish Recovery" meme into his recent presentation. From HousingWire: "We’re looking at a catfish recovery," he told attendees at the Asian Real Estate Association of America conference in San Francisco Friday, saying the market will bump along the bottom for some time be
Fed report finds no wrongful foreclosures by banks, consumer advocates slam methodology Foreclosure Review Report Shows That the OCC Continues to Bury Wall Street’s Bodies. But while victims of wrongful foreclosures are frequently too small to find justice, the banks perpetuating the crimes against them remain far too big to be held accountable.. The OCC and the Fed allowed.
Historically, the normal housing market is volatile, and finding the inflection points for when prices bottom or surface at the ZIP code level is essential for netting a profit when it comes time.
It’s the Catfish Recovery. Catfish spend their time moving slowly at the bottom of lakes and rivers bobbing up and down from place to place without a clear direction. Expect prices over the long term to hit a bottom, rise a bit, sink back down, rise again-a pattern we expect with the housing market for several years.
Signs point to another good year for the housing market, although the recovery most likely won’t clock the same breakneck speed as last year. Here are 5 predictions, made by experts in the field, to.
Piketty’s Folly: Wrong on inequality, wronger on homeownership New Bookmarks Year 2014 Quarter 2:. "A Scrapbook on What’s Wrong with the Past, Present and Future of Accountics Science" Bob Jensen. , Piketty Warns Scandinavia of Growing Income Inequality Risk; Bloomberg, Repatriation Tax Break Costs $96B,Washington Supreme Court: MERS cannot obtain foreclosure power without note The Washington Supreme Court held that MERS’ business practices had the "capacity to deceive" a substantial portion of the public because MERS claimed it was the beneficiary of the mortgage when it was not. This finding means that in actions where a bank used MERS to foreclose, the consumer can sue it for fraud.
The San Francisco real estate market is crazy. Can it possibly stay that way? Read More. There’s power in data. Find out what Altos Research can do for you. Real Estate Professionals The most powerful content delivery system available Capital & Financial Markets
SAVANNAH REPUBLICAN 1862. SAVANNAH [GA] REPUBLICAN, January 1, 1862, p. 2, c. 1 The Republican.-We commence the year by presenting the Republican to its numerous readers, considerably reduced in size. Our object is simply to economize in the cost of paper, which has become necessary both from the loss of advertising business and the difficulty of procuring supplies.
Contents web developer michael Lending restrictions based 8h. jimmy carter home price stall-out spreads from lower-priced homes to higher end. continue reading altos predicts a ‘catfish recovery’ for housing market. The Office of the Comptroller of the Currency slapped wells fargo (wfc), JPMorgan Chase (JPM.
New York AG to sue Wells Fargo and Bank of America NEW YORK – Attorney General Eric T. Schneiderman today announced his intention to sue Bank of America and Wells Fargo for repeatedly violating the terms of the National Mortgage Settlement. Signed in 2012, the Settlement required the five largest mortgage servicing banks in the United States to improve their customer service practices by complying with new mortgage servicing rules, known as the Servicing Standards.