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Deliquency rates decrease a little but still historically high

For the month of October in the 4th quarter the number of delinquency increased by $200,000. National Delinquency Rate Improves in Q3 but Remains High 11/13/2012 By: Esther Cho The national mortgage delinquency rate fell further in Q3 2012 to 5.41 percent, TransUnion reported Tuesday. The rate is a decrease from 5.49 percent in Q2 2012 and a near 8 percent drop from 5.88 percent in Q3 2011, according to the credit bureau. The delinquency rate includes borrowers who are past due by 60 or more days. When examining improvements among metropolitan areas, however, TransUnion found a smaller share of metros experienced a drop in their rates compared to previous quarters. In Q3 of this year, 49 percent of metro [Read More...]

 
We'll sell your property in 49 days or we'll pay you $2,500! List with us today!

Market your home with Akason Realty Consulting and OC Housing News Why partner with Akason Realty Consulting and OC Housing News to market and sell your home? We likely have a buyer for your home now. We are so confident, we will sell your home 49 days or less we will pay you $2500 if we don’t! Real estate has changed. Eighty-two percent of buyers find their homes online, Akason Realty Consulting has been the number one team out of over 900 agents at Evergreen Realty for the past three years in a row. No local team has a stronger Internet presence. People choose to hire a professional when they want to sell their home faster, for more money, and [Read More...]

 
Frustrated by low inventory? Find tomorrow's listings today with our exclusive pre-MLS search tool.

If you are searching for a home in today’s market, you know how difficult it is to find the right property. Inventory is extraordinarily low, and there is little sign that the banks are going to release more properties to the market soon. There is still a tremendous inventory of distressed properties, and our foreclosure search too can prove it. This tool is useful for more than just indulging idle curiosity. If you are searching for your next home, this tool can help you find properties before they hit the MLS. With our fundamental value reports, we can help you research bank-owned properties before they are released so you can be ready to pounce if it meets your needs. Have [Read More...]

 
Wouldn't you be embarrassed to overpay by $100,000? Our report saves you money.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
Only fools buy houses without knowing neighborhood values. Don't be a fool.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
ACLU is suing mortgage lenders over discrimination? Who didn't get a loan pre-2007?

The other side of the suit is that what if these people knew they couldn’t pay back the loans but got them anyway. Isn’t that fraud. ACLU sues Morgan Stanley over risky mortgages By Chris Isidore @CNNMoney October 15, 2012: 12:09 PM ET NEW YORK (CNNMoney) — The American Civil Liberties Union sued Morgan Stanley on Monday, charging the Wall Street firm discriminated against minority homeowners and violated federal civil rights laws by providing funding for risky mortgages. The suit, filed in U.S. District Court in New York, is the first lending discrimination case to go after the investment banks that funded the subprime mortgages. Previous suits of this kind targeted the lenders that made the loans. Wall Street funded [Read More...]

 
Smart buyers find undervalued neighborhoods. Our report shows you how.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
Don't suffer the pain of an underwater mortgage. Get this report before it's too late.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
Is it a good time to buy a home and get a bargain? Get this report now!

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
The Bubble explained by two very different Southern California Cities

One city propped by banks and federal give aways and the other city forgotten. A Tale of Two California Cities By Rana Foroohar October 2, 2012 For several months now, I’ve been writing about the 2% economy, the current sluggish state of growth in the U.S., one that I expect to hold for some time. But a weekend spent in southern California, in both Orange County and neighboring San Bernardino, has me thinking about how the American economy isn’t really a 2% economy, but bifurcated one in which some areas are booming, and others are stagnating. Here in the O.C., things look pretty good. In Dana Point, where I am attending a conference held by TIME’s sister publication, Fortune, the [Read More...]

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