Monthly Archives: January 2010

4. Some Stabilizing Home Values – We emphasize the word “some” because the prediction is that while the San Diego home prices will increase by four percent in 2010, other areas, such as Minneapolis/St. Paul will remain stable. On the other hand, home values in other parts of the county are predicted to fall. As The [...]

6. Be on the lookout for increasing mortgage rates in 2010. With the 2009 government buy-out of Freddie Mac and Fannie May, the two chief purchasers of mortgages in the United States, November 2009’s mortgage rate fell from seven percent to the current five percent. Then the Feds purchased another 1.25 trillion dollars of open-market [...]

8. Complicated Appraisal Rules for 2010 – In May of 2009, new guidelines were put into effect that constructed an iron curtain between appraisers and lenders. The wall was good news because in the past, the appraiser worked in-house with the lenders and often the appraisal was arranged in order to meet the selling price. [...]

Mt. Pleasant, PA (PRWEB) January 8, 2010 — Default Research Inc. (http://www.defaultresearch.com), a premier provider of Notice of Default, Notice of Trustee Sale, and Lis Pendens, said that pre foreclosures remained relatively stable in their seven state coverage area from 2008 to 2009. Since 2004, Default Research has reported triple digit increases from year to [...]

According to Keller Williams, the top 10 trends in real estate for 2010 are as follows: 10. Cash Rules 9. Quicker Short Sales 8. Complicated Appraisal Rules 7. Inconsistent Construction Market 6. Increasing Mortgage rates 5. Continued Tight Lending Standards 4. Some Stabilizing Home Values 3. More Foreclosures in 2010 2. More Buyers in 2010 [...]

Default Research’s latest newsletter with many helpful articles has been posted on our website. Click here to read the most popular articles of 2009.