Category Archives: Fix and Flip

Sales of existing homes continues upward path.

By empower | Published: December 28, 2010

Existing-home sales got back on an upward path in November, resuming a growth trend since bottoming in July, the National Association of Realtors (NAR) reported Wednesday… http://empowerhomeloans.com

Also posted in Credit, Financial Market Place, Financial Planning, First Time Home Buyer, Foreclosure, Funding, Home Loans, Housing Market, Mortgage, News, Rate, Rates, Refinance | Tagged distressed homes, economics, Empower, Empower Financial, Empower Funding, Empower Home Loans, Empower Real Estate, financial, financial marketplace, financing, first time home buyer, group, home buyer, home sales, investing, median, mortgage, Real Estate, realtor | Leave a comment

Home Prices on the way up. Race to 2012.

By empower | Published: December 1, 2010

Kiplinger Jan. 2011 issue: Property values are still drifting down, but look for relief at the end of 2011. The lowest mortgage interest rates in almost 60 years, plus affordable homes in cities where buyers had been priced out for years, should be turning the housing market around. But the market also labors under some heavy burdens: a glut of foreclosures that are dragging down home prices, high unemployment and tight credit. Sales fell off a cliff after the home-buyer tax credit expired. And “foreclosure-gate” — legal squabbling about the process used to repossess many homes — postponed the sale of many foreclosed properties and struck yet another body blow to confidence in the housing market… http://empower.ws

Also posted in Financial Market Place, Financial Planning, Foreclosure, Home Loans, Housing Market, Mortgage, News | Tagged Empower, empower banking, Empower Financial, Empower Home Loans, Empower Real Estate, financial, firm, foreclosure, group, Home Prices, home value, invest now, Investment, mortgage, mortgage market, property value, Real Estate, values, www.empower.ws | Leave a comment

Irony: Bernanke – No housing bubble to pop.

By empower | Published: November 20, 2010

…Rather, he has argued for many years that the Fed should respond to rising or falling prices for stocks, real estate or other assets only if they are affecting inflation or economic growth in an undesirable way. Thus, he would advocate cutting interest rates if a reversal in the housing market sharply dampened consumer spending, triggering job losses or a fall in inflation to very low levels. Bernanke believes “the Fed’s job is to protect the economy, not to protect individual asset prices,” said William Dudley, chief economist for Goldman Sachs U.S. Economics Research… http://empower.ws

Also posted in Business, Financial Market Place, Financial Planning, First Time Home Buyer, Foreclosure, Fund Management, Home Loans, Housing Market, Investment, Investor, Mortgage, News, Personal Credit, Retirement | Tagged 2011, 2012, agent, bank owned, Ben Bernanke, economist, economy, Empower, Empower Financial, Empower Home Loans, Empower Real Estate, fed, financial, firm, foreclosure, goldman sachs, greenspan, group, housing bubble, Housing Market, invest now, Investment, loan officer, loan originator, low interest rates, low rates, Market Outlook, mortgage banker, mortgage banking, property, Real Estate, realtor, REO, seattle hard money, Seattle Mortgage, Senate Banking, staging, www.empower.ws | Leave a comment

More Foreclosures – More Opportunities

By empower | Published: October 28, 2010

Still, many troubled homeowners have been unable to hang on. As a result, there’s been no letup in the inventory of foreclosed homes on the market this year, says John Bauer, an agent with ZipRealty in Seattle who represents lenders selling foreclosed properties… http://empower.ws