Friday, October 25, 2013

Since Some Are Still Wondering....

Don't be too skeptical about the housing market rebounding. It really is!

The number of US Mortgages Going Unpaid = 4,594,000! Seems like a lot? Nah, it's only just under 6.5 % of all outstanding mortgages!

Unfortunately the east coast, again I say - The Judicial Foreclosure States -, are where the highest numbers of foreclosures still remain.

Pretty & perfect weather California, with some of the highest values in Real Estate, is non-judicial and the numbers are reducing.

Home loan rates are still very low. 

Housing prices have gone up but I sure don't expect them to go down in the near future!

There are plenty of loan programs out there ~ get on board the home buying train I tell ya!

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