Charlotte REO Specialist – Nancy Braun

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Entries Tagged as 'News'

Charlotte Home Prices Down 4.3% in November (Charlotte Biz Journal)

January 25th, 2011 · No Comments · Charlotte Real Estate Investment, In the News

The following is an article from Charlotte Business Journal published today, January 25, 2011: Home prices in the Charlotte market fell 4.3 percent in the year that ended in November, according to the Standard & Poor’s/Case-Shiller Home Price Index. But prices fell only 1.1 percent from October. The price drop for the past 12 months [...]

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Existing homes sales rose 12.3% in December to 5.28 million (HousingWire)

January 20th, 2011 · No Comments · In the News

The following is an excerpt from an article published today, January 20, 2011, written by Jason Philyaw for HousingWire: “Existing homes sales shot up 12.3% in December, coming in well above most analysts’ estimates and marking growth in five of the final six months of 2010. The National Association of Realtors said seasonally adjusted sales [...]

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Nancy Braun to Speak at National Conference (Press Release)

January 18th, 2011 · No Comments · Default Industry REO Conferences

FOR IMMEDIATE RELEASE Nancy Braun, Owner & Broker-In-Charge Showcase Realty Phone: 704-889-5600 Fax: 704-625-2361 January 18, 2011 Local Real Estate Broker to Speak at National Conference Nancy Braun, Owner & Broker of Showcase Realty, will be speaking at the 2011 REO Con Default Industry Summit Charlotte, NC – Local real estate broker and business owner, [...]

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January 18th, 2011 · No Comments · In the News

The following article was written by Heather Hill Cernoch for DSNews: The Department of Veteran Affairs (VA) has instructed mortgage servicers to pay relocation assistance to borrowers completing short sales or deeds-in-lieu (DIL) of foreclosure on VA loans. “VA has a longstanding policy of encouraging servicers to work with veteran borrowers to explore all reasonable [...]

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Over 1 million Americans seen losing homes in 2011

January 14th, 2011 · No Comments · In the News

After a record 1 million home foreclosures in 2010, this year is likely to be even worse Article by Janna Herron, AP Real Estate Writer, On Thursday January 13, 2011, 3:21 pm EST NEW YORK (AP) — The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more [...]

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Charlotte Business Journal: “Mecklenburg, Union worst for foreclosure”

January 13th, 2011 · No Comments · Charlotte Foreclosures, In the News

According to an article published today in the Charlotte Business Journal, Mecklenburg and Union counties had the highest frequency of foreclosures in the state last year, with one in 34 housing units facing repossession. The following is an excerpt from the article: The statewide average was one in 63 units, according to the data compiled [...]

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RealtyTrac: More Than One Million Homes Seized by Lenders in 2010 (DSNews)

January 13th, 2011 · No Comments · In the News

In an article published today by DSNews it was reported that lenders repossessed 1,050,500 homes last year, according to the 2010 end-of-year foreclosure report from RealtyTrac. The following is an excerpt from this article: “The annual figure marks a record-high number of new bank-owned properties tracked by the company. The 2010 tally is up 14 [...]

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Credit Suisse Reports December Traffic: “Charlotte Buyers Lack Urgency”

January 11th, 2011 · No Comments · Charlotte Real Estate Investment, In the News

According to a report released by Credit Suisse on January 6, 2011 demand in the Charlotte home market remains weak as buyers fear further price declines. Charlotte, NC is the 13th largest market in the country. The following are quotes directly from the December 2010 report for the Charlotte, NC real estate market: “Buyer traffic [...]

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New Low for Charlotte Home Prices (excerpt)

December 30th, 2010 · No Comments · Charlotte Real Estate Investment, In the News

Charlotte is one of six cities where home prices have dropped to their lowest levels since 2006 and 2007 when values across the country began to fall, according to a national home price index. The Standard & Poor’s/Case-Shiller Home Price Indices says the average home prices in Charlotte, Atlanta, Miami, Portland, Seattle and Tampa “have [...]

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HomePath Mortgage and HomePath Renovation Mortgage Enhancements

December 29th, 2010 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News

The following is an announcement from Fannie Mae regarding new Homepath Mortgage & Renovation Mortgage Enhancements: HomePath Mortgage and HomePath Renovation Mortgage Enhancements “Based on lender feedback and REO market needs, we have enhanced both our HomePath Mortgage® and HomePath Renovation Mortgage®. Enhancements are effective for loans delivered on or after February 1, 2011. For [...]

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