Home prices in the nation's largest cities fell in October for the second straight month, suggesting that prices will head down further next year and dashing hopes that the sluggish housing market was headed for an upturn.
The Standard & Poor's/Case-Shiller index, a measure closely followed by economists, showed Monday that US Housing Prices dropped in 19 of 20 cities in October from September. Overall, the price index slipped 1.2% month over month and fell 3.4% compared with October 2010.
Of course, in New York City's housing market, things are getting tougher as well. In this environment, it is hard to sell your house.
However, there is always a way to Have Your Property Sold Fast for Cash. For more info, please visit our main website.
Thursday, December 29, 2011
Saturday, December 24, 2011
As for New Home Sales, 2011 will likely be the Worst on Record
The Commerce Department says Friday that new-home sales rose 1.6 percent last month to a seasonally adjusted annual rate of 315,000.
However, that’s less than half the 700,000 new homes that economists say should be sold to sustain a healthy housing market. And It’s also below the 323,000 homes sold last year — the worst year for sales on records dating back to 1963.
With this sluggish trend of new home sales going on, the year of 2011 will likely be worst year on record.
And of course, in this environment, it is very hard to sell your house now.
However, there is always a way to sell your property for Cash Fast. For more information, please visit our main website.
However, that’s less than half the 700,000 new homes that economists say should be sold to sustain a healthy housing market. And It’s also below the 323,000 homes sold last year — the worst year for sales on records dating back to 1963.
With this sluggish trend of new home sales going on, the year of 2011 will likely be worst year on record.
And of course, in this environment, it is very hard to sell your house now.
However, there is always a way to sell your property for Cash Fast. For more information, please visit our main website.
Thursday, December 22, 2011
Existing Home Sales are still struggling --- leaving US Housing Market in Distress
Sales of previously owned U.S. homes surged in November, but revisions to data for the last four years showed the housing market recession was deeper than previously thought, NAR (National Association of Realtor)s' Data revealed today.
Sales of previously owned homes rose for the second month, to an annualized rate of 442,000 homes sold in November - an increase of 4% from October. However, the October number released last month was revised lower by 14.5% from 495K to 425K.
In a healthy market, these sales would be around 600K. So you know how much existing home sales are struggling.
On top of that, NAR lowered the average annual sales of existing homes from the year 2007 to 2010 by 14.3%. That indicates that US housing turmoil was much severe than we had expected.
And the median price of existing home was $164,200 in November, down 3.5 percent from a year ago.
Considering that, the US Housing Market is still in distress and has a long way to go. And it is hard to sell your property in these circumstances.
However, there is a way to Sell Your House for Cash FAST. For more info, please visit our main website.
Sales of previously owned homes rose for the second month, to an annualized rate of 442,000 homes sold in November - an increase of 4% from October. However, the October number released last month was revised lower by 14.5% from 495K to 425K.
In a healthy market, these sales would be around 600K. So you know how much existing home sales are struggling.
On top of that, NAR lowered the average annual sales of existing homes from the year 2007 to 2010 by 14.3%. That indicates that US housing turmoil was much severe than we had expected.
And the median price of existing home was $164,200 in November, down 3.5 percent from a year ago.
Considering that, the US Housing Market is still in distress and has a long way to go. And it is hard to sell your property in these circumstances.
However, there is a way to Sell Your House for Cash FAST. For more info, please visit our main website.
Sunday, December 18, 2011
New Foreclosure Wave is Coming, the data Says. Further Damage to US Housing Market & Prices
The U.S real estate market is about to be hit by another surge of bank repossessions (already foreclosed properties), according to a new report from RealtyTrac, an online foreclosure research site
As banks resubmit millions of documents and courts begin hearing cases again, the backlog of over four million delinquent loans will start surging through the pipeline again.
Already Foreclosure auctions reached a nine-month high in November, which corresponds to a recent surge in default notices in August.
As these foreclosure properties flood into the Housing Market, most economists expect further damage to the US Housing Market: Namely Prices decline. Therefore, it will be much harder to sell for the owners.
Yet, if you need to sell your house quickly, there is always a way to do so. For more information, please visit our main website.
As banks resubmit millions of documents and courts begin hearing cases again, the backlog of over four million delinquent loans will start surging through the pipeline again.
Already Foreclosure auctions reached a nine-month high in November, which corresponds to a recent surge in default notices in August.
As these foreclosure properties flood into the Housing Market, most economists expect further damage to the US Housing Market: Namely Prices decline. Therefore, it will be much harder to sell for the owners.
Yet, if you need to sell your house quickly, there is always a way to do so. For more information, please visit our main website.
Wednesday, December 14, 2011
The Fed insisted that US Housing Market Remain Depressed over Coming Quarters
Federal Reserve Board held the FOMC(Federal Open Market Committee) meeting today and released the statement regarding their assessment of the US economy. In the statement, they insisted that the unemployment rate is still elevated and therefore the US housing sector remain depressed.
And they also maintained that they are concerned about strains in global financial markets that continue to pose significant downside risks to the US economic outlook. That means that US housing outlook will be somewhat pessimistic over coming quarters, Fed suggested. It would be hard to have your property in the Bronx or Brooklyn NY where the foreclosures are flooding into the market.
However, if you need to sell your property fast, there is always a way to do that. Please visit our website for details.
And they also maintained that they are concerned about strains in global financial markets that continue to pose significant downside risks to the US economic outlook. That means that US housing outlook will be somewhat pessimistic over coming quarters, Fed suggested. It would be hard to have your property in the Bronx or Brooklyn NY where the foreclosures are flooding into the market.
However, if you need to sell your property fast, there is always a way to do that. Please visit our website for details.
Saturday, December 3, 2011
Sell Your House By Christmas or the Year End. We Buy Houses "As Is" All Cash
As Local Experienced Real Estate Investors, We Buy Houses in Any Condition and Situation for CASH. And we can close very quickly. In many instances within 14 days or less. We target houses in Brooklyn, the Bronx NY and the surrounding areas.
If you sign the contract with us by the second week of December, it is very likely that you can walk away with CASH Before Christmas or the End of the Year.
Handyman Specials, Fixer Uppers and Houses that need TLC(tender loving care) are our specialties.
Since we are NOT realtors, you do NOT have to pay any commission.
Please Call Our Toll Free 24 hour Recorded Message System at 1-888-282-0423. Ext. 1
For more info, please visit our main website
If you sign the contract with us by the second week of December, it is very likely that you can walk away with CASH Before Christmas or the End of the Year.
Handyman Specials, Fixer Uppers and Houses that need TLC(tender loving care) are our specialties.
Since we are NOT realtors, you do NOT have to pay any commission.
Please Call Our Toll Free 24 hour Recorded Message System at 1-888-282-0423. Ext. 1
For more info, please visit our main website
Wednesday, November 30, 2011
The Downturn Trend in US Housing Prices Still Going On
The latest US Housing Price index has fallen once again. The S&P Case-shiller Housing Price Index fell by 3.6% in September, compared to one year ago, S&P reported Tuesday.It has been going down 12 months in a row.
Considering the above, the US Housing Market is still in distress and the Prices haven't hit the bottom yet.
In this market, it is very hard to sell your house. But there is always a way to have your property sold very quickly for CASH. Here is information about how Brooklyn and Bronx Cash Investors can help you.
Considering the above, the US Housing Market is still in distress and the Prices haven't hit the bottom yet.
In this market, it is very hard to sell your house. But there is always a way to have your property sold very quickly for CASH. Here is information about how Brooklyn and Bronx Cash Investors can help you.
Thursday, November 24, 2011
Housing Prices will stagnate through next year, most economists say
CNBC, the most respected Business News Channel, reported today that U.S. home prices will stagnate through next year and only start recovering in 2013, citing a poll of economists done by Reuters.
In fact, the median sales price for existing homes was 4.7 percent lower in October than it was a year earlier, reported National Association of Realtors this Monday.
On top of that, 33% of Realtors say they've had at least one contract cancelled in October, up from 18% in September.
Considering these, most economists say home prices will keep falling, by at least 5%, through the rest of the year. Many forecasts don't anticipate a rebound in prices until at least 2013.
However, there is still a way to Sell Your House Fast for Cash. Click here for more info.
In fact, the median sales price for existing homes was 4.7 percent lower in October than it was a year earlier, reported National Association of Realtors this Monday.
On top of that, 33% of Realtors say they've had at least one contract cancelled in October, up from 18% in September.
Considering these, most economists say home prices will keep falling, by at least 5%, through the rest of the year. Many forecasts don't anticipate a rebound in prices until at least 2013.
However, there is still a way to Sell Your House Fast for Cash. Click here for more info.
Thursday, November 10, 2011
US Property Values are Still Goind Down with More Foreclosures
The median price on existing home sales fell in most of the 150 metropolitan areas in the third quarter this year(from July to September 2011), reported the NAR (National Association of Realtors) Wednesday.
Home prices on single-family homes declined in 111 of the 150 metro areas surveyed.
The national median existing single-family home price hit $169,500 in the third quarter, which fell by 4.7% from the same period in 2010.
In the meantime, Foreclosure activities picked up in October 2011.
There were 230,678 default notices, scheduled auctions or bank repossessions on U.S. properties in October, a 7.4% increase from September.
In addition, First-time default notices were filed for 77,733 U.S. properties in October, a 10% increase from September.
In this environment, it is very hard to have your property sold. However, there is always a way to sell it for ALL CASH. For more info, click here.
Home prices on single-family homes declined in 111 of the 150 metro areas surveyed.
The national median existing single-family home price hit $169,500 in the third quarter, which fell by 4.7% from the same period in 2010.
In the meantime, Foreclosure activities picked up in October 2011.
There were 230,678 default notices, scheduled auctions or bank repossessions on U.S. properties in October, a 7.4% increase from September.
In addition, First-time default notices were filed for 77,733 U.S. properties in October, a 10% increase from September.
In this environment, it is very hard to have your property sold. However, there is always a way to sell it for ALL CASH. For more info, click here.
Wednesday, October 26, 2011
Prices of New Homes Are Down in September, more than 10% from a year ago
Sales of new homes rose for the first time in five months during September, but prices continued dropping, according to fresh data released Wednesday by the Commerce Department.
Sales climbed by 5.7% on a monthly basis to a seasonally adjusted annual rate of 313,000.
While sales increased, the median price in September for a new home fell to $204,400,— the lowest since October 2010. This is down 10.4% from a year earlier. Though falling prices make property more affordable, the downward trend tends to discourage would-be buyers, who wait for a better deal, which may pressure the weak US housing market even to go down further.
However, Still You Can Sell Your House for Cash Super Fast. Here is more details...
Sales climbed by 5.7% on a monthly basis to a seasonally adjusted annual rate of 313,000.
While sales increased, the median price in September for a new home fell to $204,400,— the lowest since October 2010. This is down 10.4% from a year earlier. Though falling prices make property more affordable, the downward trend tends to discourage would-be buyers, who wait for a better deal, which may pressure the weak US housing market even to go down further.
However, Still You Can Sell Your House for Cash Super Fast. Here is more details...
Thursday, October 20, 2011
US Existing Home Sales Fell Again in September...
Sales of existing homes fell in September, suggesting that the US Housing market continues to be suffering from consumer pessimism and the high unemployment above 9 percent.
Purchases in September dropped 3.0 percent to a 4.91 million annual rate, reported the National Association of Realtors.
The median price dropped 3.5 percent from a year ago levels to $165,400.
In addition, the cancellation rate was still high as 18% of real-estate agents reported at least one.
Considering the above, many economists believe that the US Housing market will NOT come back until the end of 2012 or possible later.
Still You Can Sell Your House for Cash Fast. Learn More.
Purchases in September dropped 3.0 percent to a 4.91 million annual rate, reported the National Association of Realtors.
The median price dropped 3.5 percent from a year ago levels to $165,400.
In addition, the cancellation rate was still high as 18% of real-estate agents reported at least one.
Considering the above, many economists believe that the US Housing market will NOT come back until the end of 2012 or possible later.
Still You Can Sell Your House for Cash Fast. Learn More.
Thursday, October 13, 2011
Foreclosures Continue to Plague the US Housing Market including NYC
The number of U.S. homes that received a first-time default notice during the July to September quarter increased 14% from the second quarter, said RealtyTrac, an online real estate research firm, Thursday.
That increase signals banks are moving more aggressively now against borrowers who have fallen behind on their mortgage payments than before.
The surge in default notices means homeowners who haven't kept up their mortgage payments could now end up on the foreclosure path sooner.
In all, 195,878 properties received a default notice in the third quarter.
And also, Nationwide, foreclosure filings totaled 610,337 in the third quarter, which increased from the second quarter, said RealtyTrac.
These properties will eventually get into the market and will put so much pressure on the prices going forward, which will definitely delay the recovery of the US Housing Market.
Still you can sell your property Fast for Cash. Learn More
That increase signals banks are moving more aggressively now against borrowers who have fallen behind on their mortgage payments than before.
The surge in default notices means homeowners who haven't kept up their mortgage payments could now end up on the foreclosure path sooner.
In all, 195,878 properties received a default notice in the third quarter.
And also, Nationwide, foreclosure filings totaled 610,337 in the third quarter, which increased from the second quarter, said RealtyTrac.
These properties will eventually get into the market and will put so much pressure on the prices going forward, which will definitely delay the recovery of the US Housing Market.
Still you can sell your property Fast for Cash. Learn More
Saturday, October 1, 2011
Housing Prices will remain depressed for half a generation
Housing prices will NOT climb back to 2007 levels before 2020. That's the belief of a majority of bankers in FICO's latest quarterly survey of bank risk.
The survey shows that bankers expect delinquencies on consumer loans to rise, underwriting standards to become stricter and the housing sector to continue struggling far into the future.
"Housing has been an enormous drag on the economy for over three years as U.S. households lost trillions of dollars in equity," said Andrew Jennings, FICO's chief analytics officer. "Many bankers clearly believe prices will remain depressed for half a generation."
If you are in a situation where you must sell your house NOW, it's normal that you cannot have it sold for a long time. Because pretty much nobody wants to buy one now.
However, there is always a way to sell your house quickly.
For more info, please visit our website.
The survey shows that bankers expect delinquencies on consumer loans to rise, underwriting standards to become stricter and the housing sector to continue struggling far into the future.
"Housing has been an enormous drag on the economy for over three years as U.S. households lost trillions of dollars in equity," said Andrew Jennings, FICO's chief analytics officer. "Many bankers clearly believe prices will remain depressed for half a generation."
If you are in a situation where you must sell your house NOW, it's normal that you cannot have it sold for a long time. Because pretty much nobody wants to buy one now.
However, there is always a way to sell your house quickly.
For more info, please visit our website.
Monday, September 26, 2011
Hard to Sell a House as nobody wants to buy one right now in the US
Financial News Media, Marketwatch.com, reported an interesting story today regarding the weakness of the US Housing market. Here is an excerpt.
A third of the labor market — workers and unemployed people — is worried about employment, a stat that signals continued trouble for the struggling housing market, according to Fannie Mae’s latest National Housing Survey, released this week.
“In the second quarter, 26% of Americans were worried about their job stability. When combined with the 9% of unemployed households, you have more than a third of the potential workforce worried about their employment status. This is hardly a strong support for housing demand,” said Doug Duncan, chief economist for Fannie Mae, in a news release.
At a time when unemployment remains high and fears of a double-dip recession abound, few Americans feel good about buying a home. Therefore it is obviously hard to sell a house now...
Having said that, there is always to have your house sold in a short time for a cash.
As local investors in Brooklyn, We Buy Houses in Any Condition for CASH and Close Very Quickly.
For more info, please visit our website.
A third of the labor market — workers and unemployed people — is worried about employment, a stat that signals continued trouble for the struggling housing market, according to Fannie Mae’s latest National Housing Survey, released this week.
“In the second quarter, 26% of Americans were worried about their job stability. When combined with the 9% of unemployed households, you have more than a third of the potential workforce worried about their employment status. This is hardly a strong support for housing demand,” said Doug Duncan, chief economist for Fannie Mae, in a news release.
At a time when unemployment remains high and fears of a double-dip recession abound, few Americans feel good about buying a home. Therefore it is obviously hard to sell a house now...
Having said that, there is always to have your house sold in a short time for a cash.
As local investors in Brooklyn, We Buy Houses in Any Condition for CASH and Close Very Quickly.
For more info, please visit our website.
Tuesday, September 20, 2011
US Homebuilders' Sentiment is Lower in September, 2011
Here is what AP (Associated Press) reported Monday, reflecting the weakness of the US Housing Market.
The National Association of Home Builders said Monday that its index of builder sentiment in September fell to 14 from 15. The index has been below 20 for all but one month during the past two years.
Any reading below 50 indicates negative sentiment about the housing market. It hasn't reached 50 since April 2006, the peak of the housing boom.
Last year, the number of people who bought new homes fell to its lowest level dating back nearly a half-century. Sales this year haven't fared much better.
--- These data indicate that US Housing Market will be tougher going forward, at least 6 -10 months.
If you are in a situation where you need to sell your house, it may be hard to liquidate your house at the price you want.
However, there is always a way to sell your house fast. As local investors in Brooklyn, We Buy Houses ALL CASH and Close Super Fast. We offer competitive prices.
For more details, please visit our official website.
The National Association of Home Builders said Monday that its index of builder sentiment in September fell to 14 from 15. The index has been below 20 for all but one month during the past two years.
Any reading below 50 indicates negative sentiment about the housing market. It hasn't reached 50 since April 2006, the peak of the housing boom.
Last year, the number of people who bought new homes fell to its lowest level dating back nearly a half-century. Sales this year haven't fared much better.
--- These data indicate that US Housing Market will be tougher going forward, at least 6 -10 months.
If you are in a situation where you need to sell your house, it may be hard to liquidate your house at the price you want.
However, there is always a way to sell your house fast. As local investors in Brooklyn, We Buy Houses ALL CASH and Close Super Fast. We offer competitive prices.
For more details, please visit our official website.
Thursday, September 15, 2011
Foreclosure Filings Jump 7% in August - pressing down the US Housing Market farther
The number of default notices mailed to homeowners who were behind on their mortgages soared in August to a 9-month high — the largest month-to-month increase in 4 years, according to data released by RealtyTrac Inc. on Thursday.
Foreclosure filings, which include those late-payment notices plus auction announcements and bank repossessions, rose 7% in August compared with July, hitting a total of 228,098 U.S. properties.
These foreclosure properties will be pouring into the already-battered US Housing Market. Then you know what to expect. Yes, the housing prices will fall again--- farther more.
Therefore if you are to sell your house, the time is NOW, before the price goes down more. The sooner the better, for many Economists predict that the US housing prices will never come back for another 2 years.
It's true that it is hard to sell a house right now in this depressed market. But if you want to sell your property fast, there is always a way.
As local investors in Brooklyn, We Buy Houses ALL CASH in Any Condition. Please take a look at our website for more details.
Foreclosure filings, which include those late-payment notices plus auction announcements and bank repossessions, rose 7% in August compared with July, hitting a total of 228,098 U.S. properties.
These foreclosure properties will be pouring into the already-battered US Housing Market. Then you know what to expect. Yes, the housing prices will fall again--- farther more.
Therefore if you are to sell your house, the time is NOW, before the price goes down more. The sooner the better, for many Economists predict that the US housing prices will never come back for another 2 years.
It's true that it is hard to sell a house right now in this depressed market. But if you want to sell your property fast, there is always a way.
As local investors in Brooklyn, We Buy Houses ALL CASH in Any Condition. Please take a look at our website for more details.
Friday, August 26, 2011
We Buy Houses "As Is" All Cash in Brooklyn NY & Close Very Quickly
US Housing markets continue without a pulse as new home sales came in below expectations at 298,000 in July, a 0.7% decline from a downwardly revised June measure, the Commerce Department reported Tuesday. It is not only below the market consensus forecast of 310,000, but it is the lowest level in the past 5 months.
The Existing Home Sales released last week came in at 4.67 million homes, much lower than expected, as well.
Considering the above, obviously the US Housing Market still is in distress. Therefore it is hard to sell a house right now.
In Brooklyn NY area, on the average, it takes 8-10 months to have property sold. However, there is always a way to sell your house quickly and get cash.
As local investors, We Buy Houses "As Is" All Cash and Close Very Fast. In many instances, we can close within 14 days.
For more info, please visit our website.
Please contact us for a FREE quote. 1-888-282-0423, Ext 1.
The Existing Home Sales released last week came in at 4.67 million homes, much lower than expected, as well.
Considering the above, obviously the US Housing Market still is in distress. Therefore it is hard to sell a house right now.
In Brooklyn NY area, on the average, it takes 8-10 months to have property sold. However, there is always a way to sell your house quickly and get cash.
As local investors, We Buy Houses "As Is" All Cash and Close Very Fast. In many instances, we can close within 14 days.
For more info, please visit our website.
Please contact us for a FREE quote. 1-888-282-0423, Ext 1.
Tuesday, August 23, 2011
Exisiting Home Sales Unexpectedly Declined - Suggesting Even Weaker Housing Market
Sales of previously owned U.S. homes fell in July to the lowest level this year and prices also tumbled, a sign the housing sector won't soon regain its footing.
Existing-home sales declined 3.5% from a month earlier to a seasonally adjusted annual rate of 4.67 million, the National Association of Realtors said Thursday. Economists surveyed had expected home sales to rise by 4.0% to an annual rate of 4.96 million. Therefore it is a huge negative surprise.
Also, the housing prices are NOT Doing Well, either. The median price of an existing home in July was $174,000, down 4.4% from $182,100 a year earlier.
Economists say stronger income and job growth are needed to spur home buying and reduce the large inventory of foreclosures. But there is so much uncertainty in US economy that there is no recovery in sight at least for now.
In this declining housing market, it would be hard to sell a house. For example, in Brooklyn,it would take 8-10 months, on the average to have a property sold right now.
But if you are in a situation where you need to sell your house fast, there is still a way.
For more info, please visit our website and find out details...
Existing-home sales declined 3.5% from a month earlier to a seasonally adjusted annual rate of 4.67 million, the National Association of Realtors said Thursday. Economists surveyed had expected home sales to rise by 4.0% to an annual rate of 4.96 million. Therefore it is a huge negative surprise.
Also, the housing prices are NOT Doing Well, either. The median price of an existing home in July was $174,000, down 4.4% from $182,100 a year earlier.
Economists say stronger income and job growth are needed to spur home buying and reduce the large inventory of foreclosures. But there is so much uncertainty in US economy that there is no recovery in sight at least for now.
In this declining housing market, it would be hard to sell a house. For example, in Brooklyn,it would take 8-10 months, on the average to have a property sold right now.
But if you are in a situation where you need to sell your house fast, there is still a way.
For more info, please visit our website and find out details...
Thursday, July 21, 2011
US Existing Home Hit 7 Month Low in June
Sales of existing homes slipped in June to a seven-month low, the National Association of Realtors reported yesterday. Sales of single-family existing homes fell 0.8 percent, the third consecutive monthly drop, to a seasonally adjusted annual rate of 4.77 million from 4.81 million in May.
Compared with June 2010, sales fell 8.8 percent.
The real estate trade group attributed the surprise downturn to a weak economy and a spike in cancellations.The cancellation rate rose to 16 percent in June from 4 percent in May.
As housing sales are decreasing, it puts a downward pressure on housing prices. That means it's hard to sell and takes a long time to have your house sold.
However, if you need to sell your property now, there is a way to have it sold fast. For more information, please visit our website.
Compared with June 2010, sales fell 8.8 percent.
The real estate trade group attributed the surprise downturn to a weak economy and a spike in cancellations.The cancellation rate rose to 16 percent in June from 4 percent in May.
As housing sales are decreasing, it puts a downward pressure on housing prices. That means it's hard to sell and takes a long time to have your house sold.
However, if you need to sell your property now, there is a way to have it sold fast. For more information, please visit our website.
Wednesday, June 29, 2011
US Housing Princes Keep Falling in April, compared to one year ago.
US Home Prices haven't stopped falling.
According to the widely watched S&P/Case-Shiller home price index released on Tuesday, home prices in 20 cities fell 4 percent year-over-year in April, which is the biggest drop since November 2009.
Economists cautioned that home prices will likely continue to crawl along at low levels, and could fall further, as the battered housing market works through a slew of headwinds like foreclosures that are depressing prices and weak demand due to low consumer confidence.
But if you find yourself in a situation where you need to sell your house right away, you could still do that. Please visit our website and see more details.
According to the widely watched S&P/Case-Shiller home price index released on Tuesday, home prices in 20 cities fell 4 percent year-over-year in April, which is the biggest drop since November 2009.
Economists cautioned that home prices will likely continue to crawl along at low levels, and could fall further, as the battered housing market works through a slew of headwinds like foreclosures that are depressing prices and weak demand due to low consumer confidence.
But if you find yourself in a situation where you need to sell your house right away, you could still do that. Please visit our website and see more details.
Thursday, June 2, 2011
It's Official. A Double Dip is happening in the US Housing Market!
Tuesday’s release of the March S&P/Case-Shiller price index showed a drop of 3.6%, which was the largest year-to-year decline since November 2009. The decline in national home prices back to 2002 levels has many discussing a double-dip recession in housing. Sentiment on housing has also gotten worse, as 54% of Americans do not think housing will bottom until 2014.
Even with mortgage rates as low as they've been all year, the combination of a stagnant employment market and a steady stream of foreclosures was blamed for the poor result.
According to S&P, in New York, property value went down 5.3% compared to one year ago.
If you would like to get some tips to Sell Your House Super Fast for Cash, please visit our website.
Even with mortgage rates as low as they've been all year, the combination of a stagnant employment market and a steady stream of foreclosures was blamed for the poor result.
According to S&P, in New York, property value went down 5.3% compared to one year ago.
In this depressed housing market, many people are having a really hard time selling their properties. It is NOT uncommon that it takes 8-10 months before one can sell his/her house.
If you would like to get some tips to Sell Your House Super Fast for Cash, please visit our website.
Thursday, May 26, 2011
Housing Prices Fell 4.6% in the 1st Quarter, 2011
The median price of homes sold in the U.S. in the first three months of this year was 4.6% lower than in the first quarter of 2010, according to NAR, the National Association of Realtors' quarterly survey.
Prices have declined in 118 of the 152 metropolitan areas (78 percent of them) included in NAR report.
The Northeast experienced a decline of 5%, with a median price of $234,100.
Considering the above, things don't bode well for the five boroughs (Brooklyn, the Bronx, Queens, Manhattan, S. I) in NYC.
In this environment, it would be much harder to sell a house.
However, there is always a way. If you are having a hard time selling your house or if you need to sell it fast, please visit our website.
Prices have declined in 118 of the 152 metropolitan areas (78 percent of them) included in NAR report.
The Northeast experienced a decline of 5%, with a median price of $234,100.
Considering the above, things don't bode well for the five boroughs (Brooklyn, the Bronx, Queens, Manhattan, S. I) in NYC.
In this environment, it would be much harder to sell a house.
However, there is always a way. If you are having a hard time selling your house or if you need to sell it fast, please visit our website.
US Housing Prices Still Keep Falling, FHFA says
In the first quarter, home prices were down 2.5%, the largest quarterly decline since late 2008. Home prices have declined 5.5% compared with the first quarter of 2010, The Federal Housing Finance Agency (FHFA), says.
This is because deeply-discounted foreclosed properties are flooding into the market, raising the inventory level.
According to FHFA, in New York State, the housing price has fallen 3.1% in the first quarter since the same time in 2010.
Obviously, we are having a hard time in New York City locally as well.
If you need to sell your house in this environment, most likely it would be very tough. You can list your house with a realtor, but it may take 8-10 months to have it sold.
However, if you really must sell very quickly, there is always a way.
For more details, please visit our website.
This is because deeply-discounted foreclosed properties are flooding into the market, raising the inventory level.
According to FHFA, in New York State, the housing price has fallen 3.1% in the first quarter since the same time in 2010.
Obviously, we are having a hard time in New York City locally as well.
If you need to sell your house in this environment, most likely it would be very tough. You can list your house with a realtor, but it may take 8-10 months to have it sold.
However, if you really must sell very quickly, there is always a way.
For more details, please visit our website.
Thursday, May 5, 2011
It's Official. House Prices Have Double Dipped Nationwide!!!
It's official. CNBC reported today that home prices have double dipped nationwide, now lower than their March 2009 trough, citing a new report from Clear Capital.
A surge in sales of foreclosed properties and a big push by banks to facilitate short sales would force home prices down dramatically.
Sales of bank-owned (REO) properties hit 34.5 percent of the market, according to the survey, resulting in a national price drop of 4.9 percent quarterly and 5 percent year-over-year. National home prices have fallen 11.5 percent in the past nine months, a rate not seen since 2008.
Talking about NYC (Brooklyn and Bronx), of course we have the same situation: declining housing prices.
In this downturn housing market, if you need to sell your house fast, you may have a hard time.
But there is always a way.
For more information, please visit our website.
A surge in sales of foreclosed properties and a big push by banks to facilitate short sales would force home prices down dramatically.
Sales of bank-owned (REO) properties hit 34.5 percent of the market, according to the survey, resulting in a national price drop of 4.9 percent quarterly and 5 percent year-over-year. National home prices have fallen 11.5 percent in the past nine months, a rate not seen since 2008.
Talking about NYC (Brooklyn and Bronx), of course we have the same situation: declining housing prices.
In this downturn housing market, if you need to sell your house fast, you may have a hard time.
But there is always a way.
For more information, please visit our website.
Sunday, May 1, 2011
We Buy Houses in Any Condition for $CASH in the Bronx and Brooklyn
"Can I Sell My House Fast? in this depressed market?" you may be wondering right now, if you are considering selling it.
Yes, in this market where so many foreclosures are putting down the housing prices, it may be hard to sell your house.
But there is always a way. As local investors, We Buy Houses in the Bronx and Brooklyn for $CASH. And we can close within 14 days or even less, in many instances. We can help.
If you are in some form of distress and going through a divorce, bankruptcy, job-loss or sickness or having tax / mechanics lien, facing foreclosure and relocation, being a tired landlord, please contact us. We can provide a fast solution to your real estate Challenge.
Please visit our website for more information.
Yes, in this market where so many foreclosures are putting down the housing prices, it may be hard to sell your house.
But there is always a way. As local investors, We Buy Houses in the Bronx and Brooklyn for $CASH. And we can close within 14 days or even less, in many instances. We can help.
If you are in some form of distress and going through a divorce, bankruptcy, job-loss or sickness or having tax / mechanics lien, facing foreclosure and relocation, being a tired landlord, please contact us. We can provide a fast solution to your real estate Challenge.
Please visit our website for more information.
Wednesday, April 27, 2011
Housing Prices are Still Falling - suggesting a Double-Dip in the US Housing Market
The S&P/Case-Shiller index of property values in 20 cities fell 3.3 percent in February from one year ago, the biggest year-over-year decline since November 2009, the group said Monday in New York. At 139.27, the gauge was just shy of the six-year low of 139.26 in April 2009, two months before the economic slump ended.
Values will probably keep falling as foreclosures swell the supply of unsold homes, which means the construction industry will take time to recover.
Home prices fell 0.2 percent in February from the prior month after adjusting for seasonal variations, an eighth consecutive decrease, the report from Case-Shiller showed. Fourteen of the 20 cities posted price declines in February from the previous month, led by Seattle and Miami.
Our neighborhoods in New York City, Brooklyn, Queens and the Bronx, are no exception. Due to high volumes of foreclosure properties, housing prices are still coming down.
Having said that, You Can Still SELL YOUR HOUSE FAST. For more info, please visit our website.
Values will probably keep falling as foreclosures swell the supply of unsold homes, which means the construction industry will take time to recover.
Home prices fell 0.2 percent in February from the prior month after adjusting for seasonal variations, an eighth consecutive decrease, the report from Case-Shiller showed. Fourteen of the 20 cities posted price declines in February from the previous month, led by Seattle and Miami.
Our neighborhoods in New York City, Brooklyn, Queens and the Bronx, are no exception. Due to high volumes of foreclosure properties, housing prices are still coming down.
Having said that, You Can Still SELL YOUR HOUSE FAST. For more info, please visit our website.
Saturday, April 16, 2011
Banks' Earnings Reports Show the Gloomy Housing Market will Continue...
This past week, JP Morgan Chase and Bank of America released their 1st quarter earning reports.
It turned out that their Mortgage Loan Divisions are dragging down their net earnings.
With the U.S. housing market showing no signs of a hitting a bottom and foreclosures continuing to mount, the outlook for financial companies is cloudy at best.
No bank better exemplifies this problem than Bank of America, which missed analyst expectations on Friday when it announced $2.39 billion loss in its home loan business.
Therefore this past week alone, the shares of Bank of America plunged by almost 5 percent.
Considering the above, this gloomy housing market may continue for a while, at least till the end of the year.
The local NYC areas including Brooklyn, Queens and the Bronx would follow suit. Therefore, the princes are more than likely to keep falling. Therefore selling a house will probably become much harder, going forward.
But if you find yourself in a situation where you need to sell your house right away, there is still a way.
It turned out that their Mortgage Loan Divisions are dragging down their net earnings.
With the U.S. housing market showing no signs of a hitting a bottom and foreclosures continuing to mount, the outlook for financial companies is cloudy at best.
No bank better exemplifies this problem than Bank of America, which missed analyst expectations on Friday when it announced $2.39 billion loss in its home loan business.
Therefore this past week alone, the shares of Bank of America plunged by almost 5 percent.
Considering the above, this gloomy housing market may continue for a while, at least till the end of the year.
The local NYC areas including Brooklyn, Queens and the Bronx would follow suit. Therefore, the princes are more than likely to keep falling. Therefore selling a house will probably become much harder, going forward.
But if you find yourself in a situation where you need to sell your house right away, there is still a way.
Thursday, April 14, 2011
MBA Data Suggests the Housing Market is Heading for a Double-Dip
MBA, the Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 6.7 percent in the week ended April 8. It was the third week of declines in a row and applications were at their lowest level since the week of January 21.
Historically speaking, March, April and May are the spring home purchasing season, when the sales of the houses pick up strongly in the US.
Having said that, this MBA data shows no signs of strength. Rather, it is at the weakest level since January. This suggests that we may be heading for a double-dip recession in the US housing market, economists predict.
Considering the above, if you are trying to sell your house now or in the near future, you'd probably have a very hard time.
However, there is ALWAYS a way to SELL YOUR HOUSE FAST in Any Condition. Especially, in Brooklyn NY or the surrounding areas including the Bronx and Queens.
For more info, please visit our tutorial website.
Wednesday, April 6, 2011
Home Builder's Struggle Continues, signaling a Delayed US Housing Recovery !!!
KB Home, the fifth-largest U.S. homebuilder, reported today a wider quarterly loss and said net orders fell by a third, indicating that a recovery in the housing sector remains elusive five years into the housing meltdown.
The company posted a net loss of $114.5 million for the three months that ended Feb. 28. Compared with a net loss of $54.7 million, a year earlier, the loss more than doubled from last year.
KB Home revenue totaled $196.9 million, down 25% from $264 million a year earlier. Home deliveries in the quarter plunged 28% to 949.
KB Home's results echo the comments made by rival Lennar Corp , which posted lower revenue and orders last week.
Lennar, the third-largest homebuilder, had warned that the important spring selling season was not shaping up into a recovery from the housing slump.
This doesn't bode well for the local Brooklyn Housing Market that has been depressed for a quite while.
If you, however, find yourself in a situation where you need to sell your house right away, please visit our website for more info.
The company posted a net loss of $114.5 million for the three months that ended Feb. 28. Compared with a net loss of $54.7 million, a year earlier, the loss more than doubled from last year.
KB Home revenue totaled $196.9 million, down 25% from $264 million a year earlier. Home deliveries in the quarter plunged 28% to 949.
KB Home's results echo the comments made by rival Lennar Corp , which posted lower revenue and orders last week.
Lennar, the third-largest homebuilder, had warned that the important spring selling season was not shaping up into a recovery from the housing slump.
This doesn't bode well for the local Brooklyn Housing Market that has been depressed for a quite while.
If you, however, find yourself in a situation where you need to sell your house right away, please visit our website for more info.
Wednesday, March 30, 2011
US Housing Prices Still Going Down - Yes, Brooklyn NY, too
Prices of single-family homes in the 20 largest U.S. metropolitan areas fell 3.1 percent in January compared with January 2010, the sixth consecutive monthly decline, Standard & Poor's said Tuesday.
The January data "bring us weakening home prices with no real hope in sight for the near future," David Blitzer, Chairman of the S&P/Case-Shiller Home Price Indexes, commented today in a statement. "At worst, the feared Double-Dip recession in the housing market may be materializing."
Sales of new homes fell 16.9 percent last month compared with January and by a 28 percent from the level of February 2010, the U.S. Commerce Department said last week.
While the National Association of Realtors reported the inventory of unsold existing homes rose 3.5 percent to 3.49 million in February, meaning that 8.6 months would be required to sell those properties if purchases continue at the current pace.
Having said that, there is still a way to Sell Your House Fast in Any Condition and Situation, especially in Brooklyn NY. For more info, please visit our website.
The January data "bring us weakening home prices with no real hope in sight for the near future," David Blitzer, Chairman of the S&P/Case-Shiller Home Price Indexes, commented today in a statement. "At worst, the feared Double-Dip recession in the housing market may be materializing."
Prices in the 20 biggest U.S. metro areas are down more than 31 percent since peaking in the third quarter of 2006.
Sales of new homes fell 16.9 percent last month compared with January and by a 28 percent from the level of February 2010, the U.S. Commerce Department said last week.
While the National Association of Realtors reported the inventory of unsold existing homes rose 3.5 percent to 3.49 million in February, meaning that 8.6 months would be required to sell those properties if purchases continue at the current pace.
Having said that, there is still a way to Sell Your House Fast in Any Condition and Situation, especially in Brooklyn NY. For more info, please visit our website.
Friday, March 25, 2011
New Home Sales Decline to Record Low in February
Purchases of new U.S. homes unexpectedly declined in February to the slowest pace on record and prices dropped to the lowest level since December 2003, according to the Commerce Department.
Sales decreased 16.9 percent from January to a 250,000 annual pace, or registered a 28 percent decline year over year.The median price fell 8.9 percent from the same month, last year.
In addition, existing-home sales dropped 9.6 percent in February to a seasonally adjusted annual rate of 4.88 million from January, and are 2.8 percent below the 5.02 million pace in February 2010.
These number suggest that the US Housing Market may experience a Double-Dip going forward.That wouldn't be great for home owners or sellers...
If you, however,find yourself in a situation where you need to sell your Brooklyn house Fast, here is an important tip for you.
Sales decreased 16.9 percent from January to a 250,000 annual pace, or registered a 28 percent decline year over year.The median price fell 8.9 percent from the same month, last year.
In addition, existing-home sales dropped 9.6 percent in February to a seasonally adjusted annual rate of 4.88 million from January, and are 2.8 percent below the 5.02 million pace in February 2010.
These number suggest that the US Housing Market may experience a Double-Dip going forward.That wouldn't be great for home owners or sellers...
If you, however,find yourself in a situation where you need to sell your Brooklyn house Fast, here is an important tip for you.
Monday, March 21, 2011
We Buy Houses for Cash FAST in Brooklyn NY!!!
We Pay Cash and Close very quickly. In many instances, 14 days or even less.
No matter what situation you are in, we'd like to hear from you.
We specialize in solving New Yorkers' Real Estate "Challenges."
For more info, please visit our website at WeBuyHousesBrooklyn4Cash.com
Friday, March 18, 2011
US Housing Start numbers are Near All Time Low - Suggesting the ongoing weakness in the US Housing Market
New construction of U.S. housing units plunged in February, coming close to an all-time-low level.
Starts fell 22.5% to a seasonally adjusted annual rate of 479,000, the Commerce Department said. This is just 0.4% above the record low of 477,000 units set in April 2009.
The decline in starts in February was the largest since March 1984.
This number shows that US home builders are NOT confident in the US Housing Market at all and they are unwilling to build new houses.
It also suggests a possible continuous weakness in the local Brooklyn NY market.
However, if you find yourself in a situation where you need to sell your house fast, and having a hard time selling it, we'd be happy to help you.
As local investors in Brooklyn, NY, We Buy Houses in Any Condition & Situation.
We Pay Cash, not using any Bank Financing. That's why we can close very quickly. In many instances, 14 days or even less.
No matter what situation you are in, we'd like to hear from you. Facing a foreclosure, having back-payments, liens, or ECB/HPD viloation penalties, don't matter.
Please call our Toll Free, 24HR Recorded Message System at 1-888-282-0423.
For more info, you can visit our website.
Starts fell 22.5% to a seasonally adjusted annual rate of 479,000, the Commerce Department said. This is just 0.4% above the record low of 477,000 units set in April 2009.
The decline in starts in February was the largest since March 1984.
This number shows that US home builders are NOT confident in the US Housing Market at all and they are unwilling to build new houses.
It also suggests a possible continuous weakness in the local Brooklyn NY market.
However, if you find yourself in a situation where you need to sell your house fast, and having a hard time selling it, we'd be happy to help you.
As local investors in Brooklyn, NY, We Buy Houses in Any Condition & Situation.
We Pay Cash, not using any Bank Financing. That's why we can close very quickly. In many instances, 14 days or even less.
No matter what situation you are in, we'd like to hear from you. Facing a foreclosure, having back-payments, liens, or ECB/HPD viloation penalties, don't matter.
Please call our Toll Free, 24HR Recorded Message System at 1-888-282-0423.
For more info, you can visit our website.
Friday, March 11, 2011
Cash Solutions to You Now. We Buy Houses Brooklyn NY FAST!!!
Or you may be a landlord who is tired of maintaining a building and dealing with tenants?
Whatever the reason of selling your house may be, we'd like to hear from you. We Buy Houses in Any Condition & Situation for $CASH.
Because we do NOT use any bank financing, we can close very quickly. In many instances, within 14 days or even less.
We always take properties in an "As Is" condition. We fix it, so you don't have to.
Please call our Toll Free, 24HR Recorded Message at 1-888-282-0423.
Or visit our website at WeBuyHousesNYC.com
Thursday, March 3, 2011
Surging Oil Prices seem to be affecting US Housing Market
The Mortgage Bankers Association said today that its Mortgage Application Index fell 6.5 percent in the week ended February 25.
The MBA's seasonally adjusted index of refinancing applications decreased 6.5 percent, while the gauge of loan requests for home purchases was down 6.1 percent.
Some economists suggest that this is because of the surging oil prices. Now that the NY oil future prices are more than $100 per barrel, people are spending more at the pump. Therefore, they don't want to get into a big purchase like a home now.
Since the Middle Eastern and North-African conditions including Libya, are getting worse, it is likely that we will see $150-200/barrel oil prices soon. That would cause a huge damage to US housing market. That would make selling a house in our local Brooklyn market even harder.
However, if you find yourself in a situation where you need to sell your house right now, there is always a way. You can sell your house to cash investors.
As local investors in Brooklyn NY, we have provided fast solutions to many New Yorkers facing real estate "Challenges."
For more info, please visit our website at WeBuyHousesBrooklyn4Cash.com
Tuesday, March 1, 2011
"Can I Sell My House Fast in Brooklyn NY?" Absolutely YES, You Can!!!
"Can I Sell My House Fast?" you may be wondering. Especially in this downturn housing market, where heavily discounted foreclosed properties are everywhere in the local Brooklyn NY areas.
However, the answer to your question is absolutely YES.
As local investors in Brooklyn, We Buy Houses in Any Condition for $ CASH and Close Super Fast !!!No matter what condition your house is in, we will work with you.
Don't worry, we will find a way to find a solution to your unique situation.
We have helped many New Yorkers solve their real estate challenges. Now, it's time for you!
Let's find a solution together.
Call our Toll Free, 24HR Recorded Message System at 1-888-282-0423.
Or visit our website at WeBuyHousesBrooklyn4Cash.com for more info.
However, the answer to your question is absolutely YES.
As local investors in Brooklyn, We Buy Houses in Any Condition for $ CASH and Close Super Fast !!!No matter what condition your house is in, we will work with you.
Facing a foreclosure, bankruptcy? Or having tax liens, back payments attached to your house? Or perhaps, you have NYC Code Violation issues?
Don't worry, we will find a way to find a solution to your unique situation.
We have helped many New Yorkers solve their real estate challenges. Now, it's time for you!
Let's find a solution together.
Call our Toll Free, 24HR Recorded Message System at 1-888-282-0423.
Or visit our website at WeBuyHousesBrooklyn4Cash.com for more info.
Monday, February 28, 2011
The US Real Estate Industry got off to a Worse Start than expected
NY Daily News wrote, last week, that the Department of Commerce report released on Thursday revealed a 12.6% drop in new home sales for January, down to a 284,000-unit annual rate from the 325,000-unit rate registered in December.
In a strong economy, the rate would be closer to 600,000.
In addition, the New Home Sales were also considerably worse compared to last year, 18.6% lower than January 2010.
The US real estate industry has experienced consistent losses every year since 2006, when the housing bubble burst after a period of record activity. Last year was no exception, with only 322,000 new homes sold in 2010, the fewest on record in 47 years.
In this tough environment, if you need to sell your house, it would be hard and would probably take a long time to do so. Especially this is true, if your house needs a major rehabbing.
But please don't get discouraged. Let us help you. As local investors in Brooklyn NY, We Buy Houses in Any Condition & Situation for $Cash and Close FAST!!!
Please contact us at our Toll Free, 24HR Recorded Message System at 1-888-282-0423. Or visit our website at WeBuyHousesBrooklyn4Cash.com
In a strong economy, the rate would be closer to 600,000.
In addition, the New Home Sales were also considerably worse compared to last year, 18.6% lower than January 2010.
The US real estate industry has experienced consistent losses every year since 2006, when the housing bubble burst after a period of record activity. Last year was no exception, with only 322,000 new homes sold in 2010, the fewest on record in 47 years.
In this tough environment, if you need to sell your house, it would be hard and would probably take a long time to do so. Especially this is true, if your house needs a major rehabbing.
But please don't get discouraged. Let us help you. As local investors in Brooklyn NY, We Buy Houses in Any Condition & Situation for $Cash and Close FAST!!!
Please contact us at our Toll Free, 24HR Recorded Message System at 1-888-282-0423. Or visit our website at WeBuyHousesBrooklyn4Cash.com
Wednesday, February 23, 2011
Housing Prices Decline again, suggesting a Double-Dip in US Housing market
S&P released the US Housing Price data today and it was another gloomy sign of a Double Dip.
S&P/Case Shiller composite index of 20 metropolitan areas declined 2.4 % year-over-year in December, 2010. While the composite held above its 2009 low, 11 out of the 20 targeted cities hit their lowest levels since home prices peaked in 2006 and 2007.
18 of the 20 cities showed annual price declines in December and 19 out of 20 saw monthly price drops.
"Despite improvements in the overall economy, housing continues to drift lower and weaker," David Blitzer, chairman of the index committee at S&P, said in a statement."
According to this data, NY is no exception. The housing prices in our local Brooklyn areas may continue to swoon for quite some time.
Considering the above, you may have a hard time selling your house if you decide to put it on the market. Or if you have been doing so, it may become more difficult to get your asking price. Therefore it may take more time to have it sold.
On the average, it takes 8-10 months to sell a house in Brooklyn NY.
However, if you find yourself in a situation where you need to sell your house fast, you can do it, too.
As local Brooklyn real estate investors, We Buy Houses Brooklyn NY for Cash and Close Very Quickly. We close within 14 days or even less under normal circumstances.
Let us help you. No matter what situation we'd like to hear from you. Are you facing a foreclosure, having back payments, tax liens or NYC Code violation issues?
Don't worry. We can still work with you.
For more info, please visit our website: WeBuyHousesBrooklyn4Cash.com
S&P/Case Shiller composite index of 20 metropolitan areas declined 2.4 % year-over-year in December, 2010. While the composite held above its 2009 low, 11 out of the 20 targeted cities hit their lowest levels since home prices peaked in 2006 and 2007.
18 of the 20 cities showed annual price declines in December and 19 out of 20 saw monthly price drops.
"Despite improvements in the overall economy, housing continues to drift lower and weaker," David Blitzer, chairman of the index committee at S&P, said in a statement."
According to this data, NY is no exception. The housing prices in our local Brooklyn areas may continue to swoon for quite some time.
On the average, it takes 8-10 months to sell a house in Brooklyn NY.
However, if you find yourself in a situation where you need to sell your house fast, you can do it, too.
As local Brooklyn real estate investors, We Buy Houses Brooklyn NY for Cash and Close Very Quickly. We close within 14 days or even less under normal circumstances.
Let us help you. No matter what situation we'd like to hear from you. Are you facing a foreclosure, having back payments, tax liens or NYC Code violation issues?
Don't worry. We can still work with you.
For more info, please visit our website: WeBuyHousesBrooklyn4Cash.com
Saturday, February 19, 2011
The Secrets to "Sell Your House Fast" in the local Brooklyn areas, NY
Please find out the tips to "Sell Your House Fast in Brooklyn NY right now!" by watching this.
For more info, visit our website at WeBuyHousesBrooklyn4Cash.com
Back payments, Tax liens or Code Violations? We can Still Buy Your House for Cash in Brooklyn NY
As local Real Estate Investors in Brooklyn, NY, we have helped many New Yorkers solve their real estate "Challenges." We Buy Houses in Any Condition and Situation and Close Very Quickly.
If you find yourself in a situation where you need to sell your house fast, No matter what situation you are in, we'd like to hear from you.
For example, if you are facing a foreclosure, and have back-payments or tax liens attached to your house, it doesn't matter. In most cases, we can take care of these issues and you can walk away with Cash in Hand.
Or even if your house has NYC code violation issues, including HPD or ECB penalties, don't worry, we could still work with you.
However, we are willing to work with you and would like to create a win-win situation.
Please contact us for a Free Quote. We will get back to you within 48 hours and make you a generous cash offer.
For more information, please call our Toll Free 24HR Recorded Message System at 1-888-282-0423.
Or visit our website at WeBuyHousesBrooklyn4Cash.com
If you find yourself in a situation where you need to sell your house fast, No matter what situation you are in, we'd like to hear from you.
For example, if you are facing a foreclosure, and have back-payments or tax liens attached to your house, it doesn't matter. In most cases, we can take care of these issues and you can walk away with Cash in Hand.
Or even if your house has NYC code violation issues, including HPD or ECB penalties, don't worry, we could still work with you.
With these issues attached to your property, you will probably find it very difficult to sell your house through a realtor, who normally is reluctant to work with a seller in a complicated situation.
However, we are willing to work with you and would like to create a win-win situation.
Please contact us for a Free Quote. We will get back to you within 48 hours and make you a generous cash offer.
For more information, please call our Toll Free 24HR Recorded Message System at 1-888-282-0423.
Or visit our website at WeBuyHousesBrooklyn4Cash.com
Wednesday, February 16, 2011
Another Gloomy Signs for US Housing Market -- It doesn't bode well for Brooklyn NY Market
US new housing starts jumped 14.6% in January vs. December, the Census Bureau reported today. But it doesn’t mean much when you look at the big picture for this market. A recovery worthy of the name is still nowhere in sight.
As you look at the numbers closely, you realize that January's Housing starts mostly came from Commercial Buildings. Commercial Housing starts went up by 81.9% year over year. Whereas the housing starts of the majority of the US housing market, single-family homes, plummeted by 19.2%.
And also, the Census Bureau reported that New Building Permits, the bellwether for the future activities, dropped more than 10% last month vs. December.
Considering these numbers, many economists expect US housing market to stall for another year or two at least.Of course, this doesn't bode well for the local Brooklyn NY Market.
Right now, unfortunately, it is common that a house remain unsold for 6-8 months in Brooklyn NY. And many houses are on the market for 10 months or longer.
Having said that, if you really need to sell your house now, we can help you. We are local investors in Brooklyn and We Buy Houses for CASH and Close Super Quick. We Pay Cash and Take your house in an "As Is" condition.
We are NOT realtors. We are NOT interested in listing your house. Therefore there is NO commission you have to pay.
For more information, please visit our website at WeBuyHousesBrooklyn4Cash.com
As you look at the numbers closely, you realize that January's Housing starts mostly came from Commercial Buildings. Commercial Housing starts went up by 81.9% year over year. Whereas the housing starts of the majority of the US housing market, single-family homes, plummeted by 19.2%.
And also, the Census Bureau reported that New Building Permits, the bellwether for the future activities, dropped more than 10% last month vs. December.
Considering these numbers, many economists expect US housing market to stall for another year or two at least.Of course, this doesn't bode well for the local Brooklyn NY Market.
Right now, unfortunately, it is common that a house remain unsold for 6-8 months in Brooklyn NY. And many houses are on the market for 10 months or longer.
Having said that, if you really need to sell your house now, we can help you. We are local investors in Brooklyn and We Buy Houses for CASH and Close Super Quick. We Pay Cash and Take your house in an "As Is" condition.
We are NOT realtors. We are NOT interested in listing your house. Therefore there is NO commission you have to pay.
For more information, please visit our website at WeBuyHousesBrooklyn4Cash.com
Sunday, February 13, 2011
Fast Solution to Your Real Estate "Challenges" - We Buy Houses Brooklyn NY for $ CASH !!!
If you ever find yourself in a situation where you need to sell your house right away, here is a company that works with you.
It's US, Sagano Enterprises, LLC.
As local investors in Brooklyn NY, we know our neighborhoods very well and, therefore, we can provide you with a fast solution to your situation.
Whether it is facing a foreclosure, or relocating to another city, We Buy Your House for $ CASH and close within 14 days or even less under normal circumstances.
Our mission is to help New Yorkers, solve "Real Estate Challenges," and ultimately, provide a fresh start & Peace of Mind. We listen to the specific needs of every client and treat each individual with personal attention and respect.
For more info, please visit our website: SaganoEnterprises.com
It's US, Sagano Enterprises, LLC.
As local investors in Brooklyn NY, we know our neighborhoods very well and, therefore, we can provide you with a fast solution to your situation.
Whether it is facing a foreclosure, or relocating to another city, We Buy Your House for $ CASH and close within 14 days or even less under normal circumstances.
Our mission is to help New Yorkers, solve "Real Estate Challenges," and ultimately, provide a fresh start & Peace of Mind. We listen to the specific needs of every client and treat each individual with personal attention and respect.
For more info, please visit our website: SaganoEnterprises.com
Thursday, February 10, 2011
National Housing Prices Still Falling -- in Brooklyn, NY as well
Attention! Brooklyn Homeowners. We are still in a DOWN-TURN housing market.
According to the latest report on the US housing market from Zillow.com, the housing prices haven been still going down.
In the fourth quarter, last year, ended Dec.31st, the prices have fell 2.7% compared to the previous quarter to a median value of $175,200.
That’s the biggest decline in two years. And on the year-over-year basis, the prices are down by 5.9%.
On top of that, Zillow said now 27% of homeowners with mortgages are "Under-Water" or owing more than their homes are worth. That's up from 23.2% a quarter earlier. That will surely lead to higher foreclosure rates soon.
That’s precisely why it is not easy to sell a house right now in Brooklyn, NY, too.
However, if you find yourself in a situation where you need to sell your house RIGHT NOW, we may be able to help you. As local investors in Brooklyn, NY, We Buy Houses "As Is" All Cash Fast.
We can close so quickly, most of the time, within 14 days or less. Also we are almost always pay 100% of the closing cost associated with each transaction.
We are NOT realtors and we are NOT interested in listing your house. Therefore there is NO commission you will have to pay.
Please feel free to contact us for a Free Quote. We will get back to you with 48 hours and make you a generous cash offer.
Call us at Toll Free 24HR Recorded Message System at 1-888-282-0423. Or visit our website at WeBuyHousesNYC.com
According to the latest report on the US housing market from Zillow.com, the housing prices haven been still going down.
In the fourth quarter, last year, ended Dec.31st, the prices have fell 2.7% compared to the previous quarter to a median value of $175,200.
That’s the biggest decline in two years. And on the year-over-year basis, the prices are down by 5.9%.
On top of that, Zillow said now 27% of homeowners with mortgages are "Under-Water" or owing more than their homes are worth. That's up from 23.2% a quarter earlier. That will surely lead to higher foreclosure rates soon.
That’s precisely why it is not easy to sell a house right now in Brooklyn, NY, too.
However, if you find yourself in a situation where you need to sell your house RIGHT NOW, we may be able to help you. As local investors in Brooklyn, NY, We Buy Houses "As Is" All Cash Fast.
We can close so quickly, most of the time, within 14 days or less. Also we are almost always pay 100% of the closing cost associated with each transaction.
We are NOT realtors and we are NOT interested in listing your house. Therefore there is NO commission you will have to pay.
Please feel free to contact us for a Free Quote. We will get back to you with 48 hours and make you a generous cash offer.
Call us at Toll Free 24HR Recorded Message System at 1-888-282-0423. Or visit our website at WeBuyHousesNYC.com
Sunday, February 6, 2011
Cash Offer for Your House NOW! We Buy Properties in Brooklyn NY & Close Fast !!!
| If you find yourself in a situation, where you need to sell your house Right Now, then, you are in the right place. As local investors in Brooklyn NY, We Buy Houses "As Is" All Cash and can close very quickly. Most of the time, within 14 days or even less. And we usually pay 100% of the closing cost associated with each transaction. |
On top of that, we are NOT realtors. We are NOT interested in listing your property. Therefore, you do NOT have to pay the 6% commission that a realtor charges you. Yes, that means there is NO FEE for you.
Please contact us for a Free Quote. You have nothing to lose.
When you provide us with your property information, we will get back to you within 48 hours and make you a generous "ALL CASH" offer.
Call our Toll Free 24HR Recorded Message System at 1-888-282-0423. EXT.1
Or Email us: WeBuyHousesNYC@gmail.com
Wednesday, February 2, 2011
Save the $18,000 - $24,000 Broker Commission. You Can Sell it Yourself !!!
Are you sure want to pay more than $20,000 commission to your Broker?
New York Times reported this Sunday, "Nowhere is the 6 % broker commission is carved in stone."
Because of the depressed housing market where many houses remain unsold for 8-10 months, many brokers are now willing to settle for 5% or occasionally 4 % to get a deal done. Even in New York City (Brooklyn, Queens, Manhattan and the Bronx, NY).
You may say, "That's only 1%. What difference does it make?" But when it comes to a sale of a 300-400K home, you are talking about $3,000 to $8,000 - a huge chunk of money which would buy you a luxurious family vacation!
So if you are going to hire a real estate agent, you should ask definitely them for a discount.
But we suggest you think much bigger.
Are you really sure you want to pay your broker a commission of $18,000 to 24,000? Yes, if you could sell it by yourself, you could save all those money.
If you think it is impossible, you better think again. There are quite a few investors out there who want to buy your house. And many of them would pay you All Cash within 10-14 days.
We are also real estate investors very active in the local Brooklyn NY. We Buy Houses "As Is" All Cash and we can close within 10 days or even less, under normal circumstances. And there is NO FEE for you.
If you are interested in saving the huge broker commission, please contact us directly.
Here is our Toll Free 24HR Recorded Message System at 1-888-282-0423. Or you can visit our website at WeBuyHousesNYC.com.
New York Times reported this Sunday, "Nowhere is the 6 % broker commission is carved in stone."
Because of the depressed housing market where many houses remain unsold for 8-10 months, many brokers are now willing to settle for 5% or occasionally 4 % to get a deal done. Even in New York City (Brooklyn, Queens, Manhattan and the Bronx, NY).
You may say, "That's only 1%. What difference does it make?" But when it comes to a sale of a 300-400K home, you are talking about $3,000 to $8,000 - a huge chunk of money which would buy you a luxurious family vacation!
So if you are going to hire a real estate agent, you should ask definitely them for a discount.
But we suggest you think much bigger.
Are you really sure you want to pay your broker a commission of $18,000 to 24,000? Yes, if you could sell it by yourself, you could save all those money.
If you think it is impossible, you better think again. There are quite a few investors out there who want to buy your house. And many of them would pay you All Cash within 10-14 days.
We are also real estate investors very active in the local Brooklyn NY. We Buy Houses "As Is" All Cash and we can close within 10 days or even less, under normal circumstances. And there is NO FEE for you.
If you are interested in saving the huge broker commission, please contact us directly.
Here is our Toll Free 24HR Recorded Message System at 1-888-282-0423. Or you can visit our website at WeBuyHousesNYC.com.
Sunday, January 30, 2011
Still Tough Market out there in Brooklyn NY
This past week, NAR, the National Association of Realtors, reported Pending Home Sales Index. Yes, the number improved a little but there are still some concerns going forward that cannot be denied.
According to NAR, contracts for pending sales of previously owned homes rose faster, up 2% than expected in December after the prior month's sales were revised lower.
The National Association of Realtors Pending Home Sales Index, based on contracts signed in December, was up 2 percent to 93.7 from a downwardly revised reading of 91.9 in November.
However here are concerns:
1: The November number has been revised downwardly to 3.1%
increase from October. (It was reported 3.5% increase before.)
2: December number released this week is 4.2 percent lower than the 97.8 level of a year ago.
That means, even though we are seeing some improvement, this trend may not be sustainable and could head back south. And the level is still at or close to the bottom.
No wonder that houses remain unsold for 8-10 months on the average in the local Brooklyn NY market.
If you are having a hard time selling your house, and being frustrated or desperate, please read our FREE REPORT, "The Fastest Ways To Sell Your House In Any Condition".
Please visit our website: WeBuyHousesNYC.com and download it. It is absolutely free of charge.
According to NAR, contracts for pending sales of previously owned homes rose faster, up 2% than expected in December after the prior month's sales were revised lower.
The National Association of Realtors Pending Home Sales Index, based on contracts signed in December, was up 2 percent to 93.7 from a downwardly revised reading of 91.9 in November.
However here are concerns:
increase from October. (It was reported 3.5% increase before.)
That means, even though we are seeing some improvement, this trend may not be sustainable and could head back south. And the level is still at or close to the bottom.
No wonder that houses remain unsold for 8-10 months on the average in the local Brooklyn NY market.
If you are having a hard time selling your house, and being frustrated or desperate, please read our FREE REPORT, "The Fastest Ways To Sell Your House In Any Condition".
Please visit our website: WeBuyHousesNYC.com and download it. It is absolutely free of charge.
Thursday, January 27, 2011
Signs of a "Double Dip" in US Housing Market - Hard to Sell in Brooklyn NY, too
The prices of single-family homes in 20 major cities fell a non-seasonally adjusted 1.0% in November, according to the S&P/Case-Shiller home price index released Tuesday, January 25th by Standard & Poor's.
This is the 4th straight monthly decline. Prices have moved down 1.6% in the past year. This is the second consecutive month where annual growth rates decelerated. Home prices declined in 19 of the 20 metropolitan areas tracked by Case-Shiller in November compared with October.
As national housing prices decline, the local housing market in Brooklyn NY has been getting tougher and tougher. It is really hard to sell. It is not uncommon that a house remain unsold for 8-10 months.
Therefore, if you are having a hard time selling your house in Brooklyn NY, you are not alone. The chances are that it is NOT about your house, it is about the depressing housing market.
But please don't get discouraged. Let us help you.
As local real estate investors, We Buy Houses "As Is" for Cash in Brooklyn NY. We Pay Cash and there is NO FEE for you. And the good thing is that we can close within 10 days or less under normal circumstances.
Please call our Toll Free 24HR Recorded Message System at 1-888-282-0423. Or Visit our website at WeBuyHousesNYC.com
This is the 4th straight monthly decline. Prices have moved down 1.6% in the past year. This is the second consecutive month where annual growth rates decelerated. Home prices declined in 19 of the 20 metropolitan areas tracked by Case-Shiller in November compared with October.
As national housing prices decline, the local housing market in Brooklyn NY has been getting tougher and tougher. It is really hard to sell. It is not uncommon that a house remain unsold for 8-10 months.
Therefore, if you are having a hard time selling your house in Brooklyn NY, you are not alone. The chances are that it is NOT about your house, it is about the depressing housing market.
But please don't get discouraged. Let us help you.
As local real estate investors, We Buy Houses "As Is" for Cash in Brooklyn NY. We Pay Cash and there is NO FEE for you. And the good thing is that we can close within 10 days or less under normal circumstances.
Please call our Toll Free 24HR Recorded Message System at 1-888-282-0423. Or Visit our website at WeBuyHousesNYC.com
Friday, January 21, 2011
US Home Sales Hit 13-Year Low in 2010
The number of people who bought previously owned homes last year fell to the lowest level in 13 years, NAR, The National Association of Realtors reported on Thursday.
High unemployment and a record number of foreclosures are main reasons why potential buyers are not willing to buy houses, fearing that home prices haven't reached the bottom.
The local Brooklyn NY area has, of course, the same trend.
"We built too many houses during the boom, and now after the crash, it will take us a long time to get back to normal," said David Wyss, the chief economist at Standard & Poor's in New York.
The National Association of Realtors reported Thursday that sales dropped 4.8 percent to 4.91 million units in 2010. That was slightly fewer than in 2008, which had been the weakest year since 1997.
Reading this news, you may be wondering, "I must sell my house now. Can I really sell it fast in this kind of downturn housing market?"
The answer is a big YES! In Any Market, things sell if they are priced right. If you must sell your house fast, and if you can negotiate the price, there will be a buyer.
As local real estate investors in Brooklyn NY, We Buy Several Houses a month for CASH. We specialize in solving your "Real Estate Challenges" by buying properties in ANY Condition and Situation.
We are NOT real estate agents. That means there is NO FEE for you. We Pay Cash and can close within 10 days or even less under normal circumstances.
And we take your house "As Is." Ugly houses and houses that need total rehab are welcome.
Please contact us for more details. You can visit our website at WeBuyHousesNYC.com or call our Toll Free 24HR Recorded Message System at 1-888-282-0423.
High unemployment and a record number of foreclosures are main reasons why potential buyers are not willing to buy houses, fearing that home prices haven't reached the bottom.
The local Brooklyn NY area has, of course, the same trend.
"We built too many houses during the boom, and now after the crash, it will take us a long time to get back to normal," said David Wyss, the chief economist at Standard & Poor's in New York.
The National Association of Realtors reported Thursday that sales dropped 4.8 percent to 4.91 million units in 2010. That was slightly fewer than in 2008, which had been the weakest year since 1997.
Reading this news, you may be wondering, "I must sell my house now. Can I really sell it fast in this kind of downturn housing market?"
The answer is a big YES! In Any Market, things sell if they are priced right. If you must sell your house fast, and if you can negotiate the price, there will be a buyer.
As local real estate investors in Brooklyn NY, We Buy Several Houses a month for CASH. We specialize in solving your "Real Estate Challenges" by buying properties in ANY Condition and Situation.
We are NOT real estate agents. That means there is NO FEE for you. We Pay Cash and can close within 10 days or even less under normal circumstances.
And we take your house "As Is." Ugly houses and houses that need total rehab are welcome.
Please contact us for more details. You can visit our website at WeBuyHousesNYC.com or call our Toll Free 24HR Recorded Message System at 1-888-282-0423.
Monday, January 17, 2011
2010 was the Worst "Foreclosure" Year Ever !!!
2010 was the worst ever in history in terms of "Foreclosure" proceedings.But experts claim that things could have been worse.
Here is an excerpt of the related news article.
So do you think 2011 would be any better? While the US Job markets seem to be improving little by little, the banks are ready to re-start the suspended Foreclosure proceedings in 2011. Then, you could expect actually the foreclosures may increase this year. At least in the first half, many housing-market professionals are NOT optimistic.
Foreclosure could hit any people: not only financially irresponsible ones, but also hard-working, responsible ones like you and me. Divorce, Job-loss, Disability or Death of your loved one could dramatically alter our financial situations that would lead to "foreclosure" filings.
If you are one of those unlucky ones, please take heart. We have published a FREE REPORT "The 5 easiest Ways to STOP Foreclosure in under 48 hours or less." It's absolutely free of charge. Please visit our website and download the report and put your nightmare behind you.
Here is an excerpt of the related news article.
A record number of U.S. homes were subject to foreclosure in 2010, a number that would have been even higher had several major lenders not suspended foreclosure actions in the wake of the robo-signing foreclosure scandal, according to a new report from foreclosure data firm RealtyTrac.
Foreclosure filings – including default notices, scheduled auctions and bank repossessions – were reported on 2.87 million U.S. properties in 2010, a 2 percent increase over 2009. The figure works out to approximately one home in 45, or 2.23 percent of the U.S. housing stock.
If not for the robo-signing controversy, which broke in early October, the total could have easily surpassed 3 million, said James Saccacio, RealtyTrac CEO.
So do you think 2011 would be any better? While the US Job markets seem to be improving little by little, the banks are ready to re-start the suspended Foreclosure proceedings in 2011. Then, you could expect actually the foreclosures may increase this year. At least in the first half, many housing-market professionals are NOT optimistic.
Foreclosure could hit any people: not only financially irresponsible ones, but also hard-working, responsible ones like you and me. Divorce, Job-loss, Disability or Death of your loved one could dramatically alter our financial situations that would lead to "foreclosure" filings.
If you are one of those unlucky ones, please take heart. We have published a FREE REPORT "The 5 easiest Ways to STOP Foreclosure in under 48 hours or less." It's absolutely free of charge. Please visit our website and download the report and put your nightmare behind you.
Saturday, January 8, 2011
Tired of Maintaining the Property? Especially Snow Shoveling???
Are you tired of maintaining the property, especially Snow Shoveling?
The day after Christmas, New York City had so much snow, up to 20 inches (51 centimeters) in Central Park. That was the record snow fall for December.
Still recovering from that, we are expected to have more snow (another 6 or more inches by Tuesday the Jan. 11th or Wednesday the Jan. 12th, according to the weather forecast.
As a child, we used to enjoy the snow. But as a landlord, we don't appreciate it as much. If we don't clear the sidewalks, we get a ticket from the City.
How many hours does it take? At least 2 to 3 hours, if it is severe snow fall. If you have an investment property, you have to drive there and then start shoveling. What if you own 2 or 3 properties? Your weekend will be gone.
And what is worse, it seems that we are going to have much more snow in this winter season than usual. How many times will you have to do this? By now, you may be having a headache.
For those who are tired of property maintenance, we can provide a quick solution. We Buy Your Headache for Cash and Close fast.
We Buy Houses in Brooklyn, NY or the surrounding areas for Cash and can Close within 10 days or less under normal circumstances.
Please call our 24HR Recorded Message System at 1-888-282-0423, Extention 1. Or Visit our website at WeBuyHousesNYC.com
The day after Christmas, New York City had so much snow, up to 20 inches (51 centimeters) in Central Park. That was the record snow fall for December.
Still recovering from that, we are expected to have more snow (another 6 or more inches by Tuesday the Jan. 11th or Wednesday the Jan. 12th, according to the weather forecast.
As a child, we used to enjoy the snow. But as a landlord, we don't appreciate it as much. If we don't clear the sidewalks, we get a ticket from the City.
How many hours does it take? At least 2 to 3 hours, if it is severe snow fall. If you have an investment property, you have to drive there and then start shoveling. What if you own 2 or 3 properties? Your weekend will be gone.
And what is worse, it seems that we are going to have much more snow in this winter season than usual. How many times will you have to do this? By now, you may be having a headache.
For those who are tired of property maintenance, we can provide a quick solution. We Buy Your Headache for Cash and Close fast.
We Buy Houses in Brooklyn, NY or the surrounding areas for Cash and can Close within 10 days or less under normal circumstances.
Please call our 24HR Recorded Message System at 1-888-282-0423, Extention 1. Or Visit our website at WeBuyHousesNYC.com
Sunday, January 2, 2011
Stop Foreclosure in Brooklyn, 2011
Happy New Year to all. We wish you the happiness in 2011.
Talking about US housing market, it seems that it hasn't improved.
Here is a latest news on foreclosure rate in the US.
Considering the above, there is a chance that it still worsens from now on.
If you are facing a foreclosure and looking for a way to get out of it, let us help you. Please read our FREE REPORT, "The 5 easiest Ways to STOP Foreclosure in under 48 hours or less."
Talking about US housing market, it seems that it hasn't improved.
Here is a latest news on foreclosure rate in the US.
US banks foreclosed on 382,000 homes in the third quarter, a 31.2% spike from the previous quarter, according to the Office of the Comptroller of the Currency.
Foreclosures increased 3.7% from a year ago, and more are coming. There are 1.2 million homes in the foreclosure process as of the end of the third quarter, up 4.5% from the previous quarter and an increase of 10.1% from a year ago
Considering the above, there is a chance that it still worsens from now on.
If you are facing a foreclosure and looking for a way to get out of it, let us help you. Please read our FREE REPORT, "The 5 easiest Ways to STOP Foreclosure in under 48 hours or less."
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