Loan modifications rise 69 percent in third quarter! Is the end of the tunnel in sight?
The HAMP loan is finally taking off…(Home Affordable Modification Plan) US Department of Treasury, Office of the Comptroller of the Currency (OCC) www.occ.gov reported that Loan modifications rise 69 percent in third quarter. Apparently there were more than 680,000 home [...]
Existing home sales surged for the third month in a row, September, October and November 2009…rising 7.4% in the number of sales. November saw the largest gain since February 2007 and home resales are 44.1% above a year ago!!! More than half of allsales were first time buyers. The record low prices, great interest rates [...]
Kirkwood had 14 properties come on the market this year. Of those, 1 is pending, 5 sold, three of those in May, wow, what a summer rush, eh? There were 6 properties that came off the market or never [...]