
We report on Fannie Mae’s QuarterlyNational Housing Survey every ninety days. Fannie Mae also does a monthlysurvey covering different aspects of the housing market. Here are some record numbers we found interesting in Fannie Mae’s March report(emphasis added). Thirty-three percent of respondents expect home prices to increase over the next 12 months, the highest level over the past 12 months. The percentage of respondents who say [...]

————————————————————————- It hit with the ferocity of an Old Testament plague, wiping out large populations of homeowners in the U.S. Five million of the country’s 76 million mortgage holders have lost their homes to foreclosure or lender-ordered short sales since 2006, and an estimated 14 million more owe more on their homes than their [...]

It’s likely you’ve heard the term “short sale” thrown around quite a bit. But what, exactly, is a short sale? A short sale is when a bank agrees to accept less than the total amount owed on a mortgage to avoid having to foreclose on the property. This is not a new practice; banks have [...]

We are honored to have Christopher Reale, Director of Short Sale Operations at Lepizzera and Laprocina Title and Escrow Services, as today’s guest blogger. He is an expert on the short sale process and will share his knowledge with us on a regular basis. – The KCM Crew In any business discipline, having the proper mindset is [...]
New walk out ranch plan in desirable Orchard Meadows. Over 3000 SF finish. Features open entry w/10′ ceilings & view of heavily treed back yard thru Pella windows and 8′ height slider to 14 x 18 covered deck. Master bedroom w/spa bath including walk behind tile shower & corner whirlpool. Spacious kitchen w/loads of stained [...]

Prime Beaverdale location in great condition. From the moment you walk into this bungalow you are greeted with original hardwood floors and huge oak trim. This well manicured home has had many updates including, but not limited to, new water heater (Dec 2011), deck (summer 2011), insulated attic (2008), new tile flooring in kitchen, bathroom [...]