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Barclays Capital analyst sees housing rebound coming in 2012

by countyproperties | Dec 10, 2011 | Finance, Latest News, Real Estate news

Barclays Capital analyst Stephen Kim predicts a housing recovery buoyed by improving jobs numbers and the fact prices for nondistressed homes will have stabilized without government support. “In the absence of a government homebuyer incentives, prices for...

Mortgage delinquencies projected to decrease in 2012

by countyproperties | Dec 10, 2011 | Finance, Latest News, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate

Mortgage delinquencies of 60 days or more are forecast to rise through the first quarter of 2012 and then decline to about 5% by the end of 2012, according to TransUnion. After six consecutive quarterly declines between the fourth quarter of 2009 and the second...

Taskforce created to combat HAMP scams

by countyproperties | Dec 10, 2011 | Latest News, loan modification, San Diego Short Sales

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury today announced the creation of a joint task force to combat scams targeted at...

% of Commercial mortgage-backed securities (CMBS) paid off at maturity increases, still below 50%

by countyproperties | Dec 10, 2011 | Commercial Real Estate, Finance, Latest News, San Diego Investment Properties

The percentage of commercial loans that paid off at their maturity date rebounded in November, an improvement that probably won’t continue next year, according to a Trepp report released Wednesday. In November, 47.1% of loans that reached their balloon date paid...

How loose-fill fiberglass can create moisture issues

by countyproperties | Dec 10, 2011 | Going Green, Latest News

Q: I’ve had loose-fill fiberglass (insulation) in my attic since 1975. I have some new insulation with brown paper covering on one side so I need to know if that is called batts? If it is called insulation batts, then can I put them on top of loose-fill...
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