Una de las mas conocidas agencias de Bienes Raíces en línea, Homes.com ® , ha lanzado el mas reciente reporte del índice de precios del mercado local. Un resumen de como los precios de ventas en los mercados mas grandes se han manifestado.
Entre los mercados de la nación entre un aproximado de 300, 166 o 55 por ciento han alcanzado significativa recuperación. En el mes de julio 50 de los mercados más grandes de la nación, 100 experimentaron una recuperación completa de sus precios.
La visión a largo plazo sigue siendo optimista, con la continuación de los mercados reflejando aumentos año-tras-año.
Eight national banks, Bank of America, JPMorgan Chase, Citibank, HSBC, OneWest Bank, PNC, U.S. Bank, and Wells Fargo saw the performance of their first-lien mortgages improved in the fourth quarter of 2014, while the delinquency rate on those mortgages and the foreclosure activity continued to decline, according to a quarterly report on mortgage performance by the Office of the Comptroller of the Currency (OCC) released Friday.
The mortgages covered in the report comprised about 45 percent of all outstanding residential mortgages in the United States – about 23.1 million mortgages with principal balances totaling about $3.9 trillion as of December 31, 2014.
Foreclosure inventory dropped by 39.7 percent year-over-year in Q4 down to 315,022, and Home retention actions, which included modifications, trial period plans, and shorter-term payment plans, totaled 195,577 in Q4, a decline of 19.5 percent year over year.
While the percentage of homes in the United States with negative equity has declined substantially since the fourth quarter of 2013, they experienced a slight increase quarter-over-quarter in Q4 2014, according to CoreLogic‘s Q4 2014 Equity Report released last Tuesday.
CoreLogic reported that 10.8 percent of all residential homes were underwater in Q4, this is about 5.4 million properties approximately, which was down from 13.3 percent in the same quarter a year earlier. The Q4 total was up slightly from the 10.3 percent that was reported for Q3 2014 – an increase of 3.3 percent.
Despite the year-over-year decline in the percentage of underwater residential properties, negative equity remains a serious issue, according to Anand Nallathambi, president and CEO of CoreLogic. For the full year of 2014, 1.2 million borrowers regained equity – but nearly five and a half million properties remained in negative equity as of the end of the year after approximately 172,000 homes slipped into negative equity from the third quarter to the fourth quarter in 2014.
Approximately 10 million of the nearly 50 million residential properties with a mortgage in the United States, which is about 20 percent of these properties have less than 20 percent equity, a condition known as under-equitied.
On today’s new analysis released by CoreLogic, leading global property information, analytics and data services provider, reported that 1.2 million borrowers regained equity in 2014. Nationwide, borrower equity increased year over year by $656 billion in Q4 2014. Borrowers with near negative equity are considered at risk of moving into negative equity if home prices fall. In contrast, if home prices rose by as little as 5 percent, an additional 1 million homeowners now in negative equity would regain equity. The calculations are not based on sampling, but rather on the full data set to avoid potential adverse selection due to sampling, and only data for mortgages residential properties that have a current estimated value is included.
Una de las predicciones de la Asociación Nacional de Realtors es que en el 2015 las oportunidades para comprar casa serán mucho mejor, y se espera que los primeros compradores que estuvieron fuera por un tiempo a consecuencia de la crisis hipotecaria reaparezcan a materializar el sueño de la casa propia.
Los efectos financieros residuales de las pérdidas durante la recesión impidieron la entrada de la generación “Millennials” en el mercado hipotecario. Ahora con el incremento laboral, aumentos de empleo y recuperación de la economía las oportunidades de comprar casa son mas atractivas que nunca.
Aun más, si el acceso al crédito continua ampliando y mejorando, vamos a estar viendo números substancialmente considerables de compradores jóvenes en el mercado.
La generación “Millennials” mostrara un crecimiento significativo en 2015, particularmente a medida que la economía continúa recuperándose.
Como siempre analiza tus finanzas antes de comprometerte a la compra de tu casa, y mantente informado de los opciones y programas que más te benefician. No te olvides de buscar ayuda professional. Preguntas??? Llámame 714-963-7462.
Sandy Flores…Liderando el camino a tu Casa Propia!
A total of 3,262,036 HELOCs with an estimated total balance of $158 billion that originated during the housing price bubble between 2005 and 2008 are still open and scheduled to reset between 2015 and 2018.
Realty Trac the nation’s leading source for comprehensive housing data, today released its first-ever U.S. HELOC Resetting Report, which found that 56 percent of the 3.3 million Home Equity Lines of Credit potentially resetting with higher, fully amortizing monthly payments from 2015 to 2018 are on properties that are seriously underwater.
With 645,872 HELOCs, California led the way among the states in terms of sheer volume of resetting HELOCs. A total of 423,706 (66 percent) of those resetting HELOCs in California are on homes that still seriously underwater
Debido al riesgo en el incumplimiento y pérdida del préstamo. Los Bancos requieren el seguro de hipoteca privado conocido como PMI en hipotecas cuyos compradores traen menos del 20% del precio de compra. Si los prestamistas pagaran seguro de hipoteca y pasaran el costo a los prestatarios reflejando un tipo de interés más alto, pudiendo esperar que los intereses incrementen drásticamente. Si el prestatario paga PMI estaría evitando este riesgo potencial.
Generalmente, cuanto más grande es la cantidad del préstamo, más riesgo adquiere el prestamista. El seguro de hipoteca privado es protección para el prestamista contra un prestatario que incumple en su préstamo hipotecario. Si el prestatario no pudiera pagar el préstamo, el prestamista tiene una manera de conseguir su dinero de regreso a través de la aseguranza privada al préstamo o PMI. Infórmate para que tus decisiones sean las mas acertadas al momento de invertir en la compra de tu casa.
Based on company transactional data and Google search activity, Auction.com predicted Monday that existing-home sales in January will come in at a seasonally adjusted annual rate of 5.06 million, just slightly above the National Association of Realtors’ (NAR) December estimate of 5.04 million.
An early forecast of existing-home sales projects a minor but surely increment transaction activity this month following December’s modest gain.
We are experiencing one of the biggest foreclosure filling increases for the last four years.
The number of foreclosure filings experienced a big jump from September to October alone. These filings include but not limited to notice of defaults, scheduled auctions, and bank repossession. According to RealtyTrac this is the largest month-over-month jump since the peak of foreclosure activity in March 2010.
However even though Foreclosure filings reported were into a considerable 123,109 U.S. residential properties in October, fortunately still represented an 8 percent decline overall in the number of foreclosure filings from October 2013. This is equivalent to one house for every 1,069 residential properties in the U.S. reported a foreclosure filing in October based on the latest report from RealtyTrac.
These numbers did not take us by surprise due to that over the past three years an average of 8 percent monthly uptick was scheduled for foreclosure procedures in the country.
On the other hand, REO activity (lenders repossessing properties via foreclosure) increased by 22 percent from September. The largest month-over-month increase since June 2009. Overall, lenders repossessed 27,914 U.S. residential properties in October, as reported by RealtyTrac which is an agency that monitor housing foreclosure activities in the country.