Beyond the Headlines- What’s Happening in Real Estate Pt18
The Dawn Thomas Team is constantly trying to keep our clients and the
inquiring public up to date on the goings-on of the Real Estate Market. These
days there is so much information coming out daily that it’s hard to keep it all
straight and not miss important articles. We’ve recently written about sellers, buyers, taxes and loans-all
of these things are important factors in the Real Estate Market-a very integral
arm of our current economic climate. So today we give you three articles–and a
bit of advice– that we think are important for you, our clients and the public,
to know. Read on!
The Wall Street Journal
Return of 100 percent financing
Some affluent buyers are getting the keys to their new home without putting a penny down. It’s 100 percent financing – the same strategy that pushed many homeowners into foreclosure during the housing bust.
Read the full story
Mercury News
As home prices rise, your next credit card could be your house
After years in the doldrums, home equity borrowing jumped last year, reaching its highest level in four years as the housing market rebounded.
Read the full story
DSNews
Subprime credit scores on the decline
Designating credit scores below 620 as “subprime,” Equifax found the number of subprime borrowers decreased 2.1 percent from the third quarter of 2011 to the third quarter of 2012. The 2.1 percent translates to about 1 million Americans who rose from the subprime category.
Read the full story
The Wall Street Journal
Return of 100 percent financing
Some affluent buyers are getting the keys to their new home without putting a penny down. It’s 100 percent financing – the same strategy that pushed many homeowners into foreclosure during the housing bust.
Read the full story
Mercury News
As home prices rise, your next credit card could be your house
After years in the doldrums, home equity borrowing jumped last year, reaching its highest level in four years as the housing market rebounded.
Read the full story
DSNews
Subprime credit scores on the decline
Designating credit scores below 620 as “subprime,” Equifax found the number of subprime borrowers decreased 2.1 percent from the third quarter of 2011 to the third quarter of 2012. The 2.1 percent translates to about 1 million Americans who rose from the subprime category.
Read the full story
This blog is courtesy of The Dawn Thomas Team who is an
award-winning Real Estate Agent team at Intero Real Estate Services in Los Altos
650-701-7822. We help nice people with selling and buying homes from Palo Alto
to West San Jose!
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