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"Denial ain't just a
river in Egypt" -- Mark Twain
America is in one of the worst housing crisis
in history, yet 49% of U.S. homeowners believe their home's value
has increased or stayed the same over
the past year, according to Zillow's
Q3 Homeowner Confidence Survey.
In reality, 74% percent of homes have lost value in the past 12 months, according to preliminary findings in Zillow's Q3 Real Estate Market Reports, which will be released Nov. 12. Other findings from the survey:
As always, thanks for using Zillow.
Oct 23, 2008: U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.6 WASHINGTON, DC – U.S. home prices fell 0.6 percent on a seasonally-adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index, which was slightly less than the 0.8 percent fall in July. For the 12 months ending in August, U.S. prices fell 5.9 percent. The decline since the April 2007 peak is 6.5 percent. The FHFA monthly index (formerly called the OFHEO monthly house price index), is calculated using purchase prices of houses backing mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac. The index, introduced in the OFHEO fourth quarter 2007 House Price Index (HPI) report, provides a timely indicator of house price conditions for the nation and each of the nine Census Divisions. For the nine Census Divisions, seasonally-adjusted monthly price changes from July to August ranged from -1.8 percent in the Pacific Division to +0.4 percent in the New England Division. Click HERE for current Rates and Trends. --- Click HERE for a Lender Scorecard. --- Click HERE for Jacksonville Mortgage Brokers and Lenders. --- Credit inquiry Opt Out Number: (888) 567-8688. Cuts down on credit inquiries and makes it more difficult for identity thieves to open accounts in your name. NOTE: This can delay lenders accessing your information when they are processing your loan. --- Mortgage Resources Directory HERE. REO's FOR SALE:Over 1500 REO Florida Properties owned by
Countrywide: HERE
Other REO Websites:
Regional REO Banks:
A Local REO Bank: Other REO Sources:
Rent & Income Limit Calculator The Rent & Income Limit Calculator© is available with the compliments of Novogradac & Company LLP. Rent and income limit data now includes 2008 limits. This calculator is meant for the use of tax credit housing professionals only. It does not have the capability to determine eligibility for those seeking to qualify and occupy low-income housing.
Other Features Include:Helpful "How To" Websites:
Helpful House Search Links:
Link to Yahoo's Jacksonville City Guide: |
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