Monthly Archives: January 2014

Boomerang Buyers Returning to The Market

Posted on January 6, 2014 by Cliff

Foreclosed Home Owners According to a poll of 140,000 LoanSafe.org members, boomerang buyers – who were ousted from the housing market due to foreclosures or short sales, spent years renting to rebuild their credit, and have saved enough to buy … Continue reading →

Posted in Real Estate | Tagged , , , , | Leave a comment

Distressed Home Owners Lose Tax Break

Posted on January 3, 2014 by Cliff

Distressed Home Owners To the dismay of housing advocates, industry groups, and U.S. legislators, a tax break for distressed home owners whose mortgages were written down expired on Tuesday. The 2007 measure exempted borrowers from federal taxes they normally would … Continue reading →

Posted in Real Estate | Tagged , , , , | Leave a comment

Home Sales Impacted By Rising Flood Insurance Rates

Posted on January 2, 2014 by Cliff

Rising Flood Insurance Rates A hike in flood insurance rates has forced home buyers to recede from the market in some areas, drastically hampering home sales, according to reports. “The market dried up — it died,” says Shirley Davis, a … Continue reading →

Posted in Real Estate | Tagged , , , , , , | Leave a comment