The Real Alliance

Capital Flowing Into Real Estate:

Posted on 11. Mar, 2010 by admin.

March 11, 2010 By Allison Landa, News Editor, Commercial Property Executive All is not exactly lost for the real estate market, according to Cushman & Wakefield Sonnenblick Goldman. In a capital markets update on Wednesday, the firm reports that there is capital coming into real estate, with lenders and equity investors reporting greater desire and [...]

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Vision North Texas unveils 2050 plan

Posted on 09. Mar, 2010 by admin.

Dallas Business Journal – by Bill Hethcock Staff Writer Clearly, North Texas has issues. As the region’s population grows from about 6 million now to 9 million in 2030 — and 12 million in 2050 — there will be more sprawl, more traffic congestion, poorer air and water quality, less-healthy lifestyles and a less-qualified work [...]

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Seller Financed Being Regulated? Stop HR 4173

Posted on 08. Feb, 2010 by admin.

Urgent Update: House Passes Wall Street Reform Act HR 4173 Including Mortgage Reform Provisions of HR 1728 Regulating Owner Financing The proposed legislation that had real estate sellers and buyers legitimately concerned about seller financing passed the house on December 11, 2009, as part of HR 4173. Also known as The Wall Street Reform and [...]

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TEXAS HOME FORECLOSURE RATES LESS THAN NATIONAL AVERAGE

Posted on 29. Jan, 2010 by admin.

AUSTIN (Austin Business Journal) – RealtyTrac’s annual foreclosure report, released yesterday, revealed Texas metro rates to be under the national average of 2.21 percent. Dallas–Fort Worth ranked 94th with a 1.5 percent foreclosure rate, and Houston was 111th with 1.3 percent of its area homes foreclosed upon. San Antonio ranked 109th in RealtyTrac’s report, with [...]

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DALLAS HOME VALUES INCREASE

Posted on 26. Jan, 2010 by admin.

DALLAS (Dallas Morning News) – Area home prices were positive in November for the first time since September 2007, according to Standard & Poor’s Case-Shiller Home Price Index, released today. Dallas area residential values increased 1.4 percent in November from one year earlier, which was the best performance of the 20 cities tracked in the [...]

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FHA Waives 90-Day Rule For Flipped Houses

Posted on 19. Jan, 2010 by admin.

Flipping houses just got a little easier. From The U.S. Department of Housing and Urban Development HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS WASHINGTON – In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced a temporary [...]

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Where Are the Foreclosure Deals?

Posted on 11. Jan, 2010 by admin.

For the eighth straight consecutive month, national foreclosure activity in the U.S. was dominated by a small set of states. As reported by Realty Trac, more than half of October’s foreclosure-related activity came from just 4 states: 1. California 2. Florida 3. Illinois 4. Michigan The remaining Top 10 states in terms of total foreclosure activity included [...]

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Texas Requires Use of All Comparable Properties, Enacts Changes to Tax Appraisal Process

Posted on 07. Jan, 2010 by admin.

Texas Requires Use of All Comparable Properties, Enacts Changes to Tax Appraisal Process Under a new law that went into effect on Jan. 1, chief appraisers of Texas’s central appraisal (assessment) districts are prohibited from excluding foreclosure sales and properties as comparables that have lost value due to the declining market. House Bill 1038 prohibits [...]

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The Quick and Expected Climb to 6% Mortgage Rates

Posted on 30. Dec, 2009 by admin.

Guest post by Brian J. Brady Mortgage rates have been steadily climbing, from a low of 4.5% around November 27, 2009 to above 5% on December 22, 2009.  For the past two months I’ve been warning that this will eventually happen.  It’s not because the economy is recovering; it isn’t recovering.  The reason mortgage rates [...]

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Arizona REO Purchase

Posted on 10. Dec, 2009 by admin.

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