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Monday, December 3, 2012

Sell My House By Christmas or the Year End??? We Can Help!

As local real estate investors in the Bronx, We Buy Houses "As Is" All CASH & Close Very Quickly. In many instances, within 7-10 days. We are looking for properties (1-4 Family Houses, 6 +Families or Vacant Lands) to buy, especially in the zip code of 10469 and 10467. If you sign by the second week of December, we probably can close BEFORE Christmas and the End of the Year. You can start afresh in the new coming year with CASH. Please contact as soon as you can. Happy Holidays! Call Our Toll Free 24HR Recoded MSG system at 1-888-282-0423. Or Email us at WeBuyHousesBronx4Cash@gmail.com

Monday, November 12, 2012

Sell Your House by Thanksgiving or Christmas for CASH !!!

We are CASH INVESTORS.

We Buy Houses "As Is" All $CASH & Close Very Quickly throughout the Bronx and Brooklyn, in ANY CONDITION

In many instances, we close within 7 days or even less.

So you can still sell your house by Thanksgiving or at latest by Christmas!!! We are NOT realtors, therefore, we are NOT interested in listing your house.
We BUY your house with CASH, with NO BANK involved.

Please contact us by our Toll Free 24HR Recorded Message System at 1-888-282-0423.

For more info, please visit our website: WeBuyHousesBrooklyn4Cash.com



Sunday, August 26, 2012

US New Home Sales up a little but Still MANY Problems Persist in the weak market

New homes sold at a seasonally adjusted annual rate of 372,000 in July, according to the Commerce Department.

This is 3.6 percent above the rate a month ago just a bit higher than economist expectations.

However, sales remain well below the annual pace of 700,000 that economists consider healthy. As a matter of fact, it is now about half that level.

On top of that, The median price for a new house decreased 2.5 percent in July from the same month last year, to $224,200.

In the still weak housing market, it is hard to sell your house quickly, especially in the Bronx and Brooklyn where foreclosures are flooding into the market.


However, there is always a way to Sell Your House Quickly for CASH. For more details, please visit our main website.



Sunday, August 19, 2012

US Housing Market is Still Shaky, No Solid Recovery in Sight...

US Housing Starts fell 1.1% in June, to an annualized rate of 746,000 units, Commerce Department said Thursday.

The results were weaker than forecast. Economists had expected about 763,000 Units, therefore it was much lower than the forecasts.

“While the housing market is heading in the right direction, there'll still be a lot of roadblocks on the way," a real estate professional in Brooklyn NY said.

With so many houses being behind on payments, they are on the verge of being foreclosed. Therefore, therefore a lot of REO inventories (Bank owned properties) may flood the market in the future.

In this kind of environment, it is hard to sell your house. Sometimes, in the local NY areas, it takes 9-10 months to have a property sold on the average.

However, there is still a way to sell your house quickly for CASH. For more info, Please visit our main website at WeBuyHousesBrooklyn4Cash.com

Sunday, June 24, 2012

US Housing Market is Still Depressed, After All These Years

Even with recent housing market improvements, sales and construction are still at very low levels, while prices are still falling in most areas.
 
Worse, those signs of improvement may not be sustainable. One reason is that millions of foreclosures were delayed from late 2010 until this year, as banks wrangled — and eventually settled — with government officials over foreclosure abuses. With the legal issues now out of the way, foreclosures have resumed, with another five million expected between now and 2015, in addition to more than five million homes already lost, according to Moody’s Analytics.
 
If the economy were strengthening, the price declines from more foreclosures could be limited by an influx of first-time buyers and real-estate investors. But with the economy slowing again, housing could also relapse, with falling prices provoking more defaults, foreclosures and distress sales, and ever-lower prices.
 
That dark scenario was a factor last week when the Federal Reserve downgraded its economic outlook, citing a housing market that “remains depressed.”
In this difficult environment it'd be hard to sell your house quickly. However, there is always a way. You can Sell Your House Very Fast for Cash. Please visit our main website for more information.

Thursday, April 26, 2012

Home Prices Declined Again in the Latest Survey, worse than expected

A well-respected home price index, the S&P Case Shiller home price index, shows a -3.5% decline in February from a year ago over 20 metropolitan housing markets, S&P said Tuesday.

Home prices are now back to November 2002 levels. It is now down -35% from their 2006 home price bubble peaks.


While there are a few signs that the US housing market is beginning to hit the bottom, housing prices have not stopped declining. In this kind of environment, if you want to sell your house, it'd be very hard to do so.

However, there is always way to Sell Your House Fast for CASH. Please visit our main website WeBuyHousesBronx4Cash.com for more details.



Tuesday, April 3, 2012

Home Prices Seen Dropping 10% in U.S. by the flood of Foreclosures

As many as 1.25 million of America’sForeclosure Homes are headed for auction in 2012 after a year-long probe into foreclosure practices kept them off the market.

Prices for the foreclosed homes could drop as much as 10 percent because they deteriorated as they were held in reserve during investigations by state officials resolved in February, according to RealtyTrac Inc.

Homes stockpiled less than a year sell for about 35 percent below the value set by lenders, according to a March 15 report by the Federal Reserve Bank of Cleveland. At two years, the loss is close to 60 percent. A surge of cheap foreclosures may erode prices in the broader real estate market, even as the economy expands and residential building increases, said Karl Case, one of the creators of the S&P/Case-Shiller home-price index.

In these environment, if you want to sell your house, it'd be very hard to do so.


However, there is always a way to Sell Your House for CASH Fast.

Please visit our main website at WeBuyHousesBronx4Cash.com
 

Thursday, March 22, 2012

Existing Home Sales Decline about 1.0 percent in February, worse than expected

Sales of previously owned homes in the United States dropped 0.9 percent in February, according to a report released Wednesday, disappointing economists.

Homes were sold at a seasonally adjusted annual rate of 4.59 million, compared with 4.63 million in January, according to a report from the National Association of Realtors.

The number indicates that roughly five years after the housing bubble burst, the real estate market’s road forward remains bumpy. Many economists had thought that with mortgage rates near record lows and the job market improving, existing-home sales would rise. But they were wrong.

Many homeowners still owe more than their houses are worth. The share of underwater mortgages is at its highest level since 2009, according to a report released this month by CoreLogic. There are 11.1 million homeowners underwater, accounting for 22.8 percent of mortgages.

In this circumstances, even if you need to sell your house, it'd be very hard to do so. Especially in the Bronx, Brooklyn and Queens, NY where a lot of foreclosures are flooding the market.


However, there is always a way to Sell Your House Quickly for Cash. For more info, please visit our main website at WeBuyHousesBronx4Cash.com


 

Thursday, March 8, 2012

Despite a few signs of recovery, US housing market is NOT out of the woods Yet

Today's New York Times article just described the current US Housing situation pretty well:

The housing market has shown signs of life recently. Home sales have beat expectations and pending sales neared a two-year high.

But prices — the crucial measure of housing-market health -- are still falling -- driven down by increasing levels of distressed sales of foreclosed properties. That means the market, and the broader economy, which derives much of its strength from housing, are not out of the woods — not by a long shot.

In these circumstances, if you need to sell your house, it'd be very hard to do so, especially in the Bronx or Brooklyn NY, where a lot of foreclosures are flooding the market.

However, there is always a way to Sell Your House For Cash Quickly. For more info, please visit our main website at WeBuyHousesBronx4Cash.com


 

Wednesday, February 29, 2012

S&P Case-Shiller Index Shows Sharp Drop In Home Prices

U.S. home prices fell in December 4% from a year earlier, ending 2011 at the lowest levels since the housing crisis began in mid-2006, according to Standard & Poor's Case-Shiller Home-Price Indexes released Tuesday.

Prices are down 33.8% from their peak in the second quarter of 2006.

"While we thought we saw some signs of stabilization in the middle of 2011, it appears that neither the economy nor consumer confidence was strong enough to move the market in a positive direction as the year ended," said David Blitzer, chairman of S&P's index committee.

In fact, in 19 cities out of the 20 major US cities, Prices Fell in December.

In these circumstances, if you need to sell your house, it'd be very hard to do so.

However, there is always a way to Sell Your House for CASH FAST. For more info, please visit our main website at WeBuyHousesBronx4Cash.com

 

Thursday, February 23, 2012

Existing Home Sales in January were Below Economists Forecast

Sales of US Existing Homes increased 4.3% in January from December to a seasonally adjusted annual rate of 4.57 million, the National Association of Realtor reported Wednesday.

Although the number in January exceeded the December figure, somewhat showing a sign of improvement, it is still below 4.63 million economists had expected.

In addition, NAR revised down its December home sales rate from a pace of 4.61 million units to 4.38 million units.

On top of that, Prices Continued to Fall. The median sales price dropped in January to $154,700. That's down 2 percent from the same month last year.

In this environment, even if you want to sell your property, it'd be very hard to do so. Especially, in places like Brooklyn, the Bronx, NY where a lot of foreclosure houses are flooding the market.

However, there is always a way to Sell Your House Fast for CASH. For more info, please visit our main website at WeBuyHousesBronx4Cash.com

 

Friday, February 17, 2012

US Foreclosure Activities Picked Up in January

Banks took back more US homes in January than in the previous month, the latest sign that foreclosures are accelerating after slowing sharply last year.

All told, 210,941 U.S. homes received a default notice, were scheduled for auction or were arepossessed by a lender in January, RealtyTrac said.

That's up 3% from December last year. The foreclosure rate translates to one in every 624 U.S. households.

Some states posted sharp increases compared to January 2011. In New Hampshire, foreclosures jumped 62%. In Massachusetts, 75%. Economists are wondering if this trend would continue for some time.

In this environment, even if you want to sell your house, it'd be much harder.

However, there is always to Sell Your House Fast For Cash. For more info, please visit our main website at WeBuyHousesBronx4Cash.com
 

Friday, February 10, 2012

Fed Chairman Still Concerned about US Housing Market going forward

Federal Reserve Chairman Ben Bernanke said that the bad US housing trend could continue for years, on Friday during a speech to the National Association of Home Builders in Orlando.

And Bernanke admits that the declines in home prices have forced many Americans to cut back sharply on spending. He says the broader economy won't fully recover until the depressed housing market turns around.

People are spending less because they are stuck in "underwater" homes, which are worth less than what is owed on the mortgage. And home values are falling because of foreclosures and tight credit — even in areas with lower unemployment.

In this environment, it is obviously hard to sell your house. Especially, in the Bronx or Brooklyn NY, where a lot of foreclosures are flooding into the market.


However, there is always a way to have your property sold for cash fast. For more detail, please visit our main website at WeBuyHousesBronx4Cash.com
 
 

Monday, February 6, 2012

With a loan hard to get, US Home Sales are likely to worsen

Tightwad lenders are prolonging the housing bust and killing home sales, says the National Association of Realtors’ chief economist, Lawrence Yun.

He thinks it's too hard to get a loan these days. Before the housing boom, and the subprime mortgage debacle, the typical person getting a loan backed by Fannie Mae loan had a credit score of 720. Now it's 762.

Bankers say they're insisting that home buyers meet standards even higher than those set by Fannie and Freddie.

That shows up in the default figures. Of loans made in 2009, after the bust, 1.2 percent were in default after 18 months, Yun noted. On those made in 2007, 29 percent went bad.

Lending could get tougher later this year if federal agencies go ahead with proposals to require borrowers to place 20 percent down on a home to get the best mortgage rates, Yun noted

That suggests that US Home Sales are likely to worsen this year, too. In this depressed housing market, if you are selling your house, it’d be hard for you to have it sold.

However, there is always a way to Sell Your House Fast for CASH. For more info, please visit our main website at WeBuyHousesBronx4Cash.com


 

Thursday, February 2, 2012

US Housing Prices Fell Again, the latest S&P Data Shows: No Signs of Recovery

The latest S&P/Case-Shiller index of Home Prices in 20 US cities declined 3.7 percent from November 2010 after decreasing 3.4 percent in the year ended in October, the group said today. That is worse than 3.3 percent drop that economists projected.

US Home prices are now back to early 2003 levels.

Here are comments from S&P researchers:
The trend is down and there are few, if any, signs in the numbers that a turning point is close at hand.
On top of that, Another Wave of Foreclosures threatens to keep the pressure on prices and delay recovery in the industry that precipitated the last recession, underscoring the Federal Reserve’s view that US housing “Remains Depressed.”

In these conditions of the Housing Market, it is very hard to have your house sold now.
However, there is always a way to Sell Your House for Cash Fast. For more info, please visit our main website at WeBuyHousesBronx4Cash.com


 

Friday, January 27, 2012

US New Home Sales in 2011 Recorded the Worst in History: Housig Market Still in Distress

The Commerce Department said Thursday new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. It is down 7.3% below the number sold in December a year ago.

In addition, 302,000 new homes were sold last year (2011), 6.2 % less than 2010, which made last year's sales the worst on records dating back to 1963. And it coincides with a report last week that said 2011 was the weakest year for single-family home construction on record.

In this environment, it is very hard to sell your house.


However, there is always a way to Have your property Sold for CASH FAST.
For more details, please visit our main website at SellMyHouseBronx.com



 

Monday, January 23, 2012

Who Will Buy My Bronx House Fast for Cash!? -- Contact us, We Buy Houses As Is All Cash!!!

If you need to sell your house immediately for whatever the reason, WE ARE the answer for you. As Local Cash Buyers in Bronx, NY, we are ready to Buy Your House Now and Close Very Quickly.

You may be wondering, "Who will buy my house Fast for Cash in this depressed housing market."

For example, regular home buyers won't work for you because Bank financing (mortgage) takes at least a few months to process, and in the end, it could be denied. Then you will have been square 1 and will have wasted so much time.

Or you'd like to list your property with a real estate agent, and want to wait for 10 months (the average time to sell in the Bronx) and pay the 5-6 commission to him or her?

Or just contact us and have your house sold within 7-10 days and move on/start afresh??? How does that sound to you? We are experienced real estate buyers. We are honest and easy to work with.

For more info, please visit our main website at BuyMyHouseBronx.com

 

Friday, January 20, 2012

Housing Starts of Single Family Homes Hit a Record Low in 2011, signaling US Housing Recovery will Take Time

US Housing starts dropped 4.1 percent to a 657,000 annual rate in December 2011, which was lower than economists expected Commerce Department said Thursday.

It puts an end to a year in which home builders started building a record-low number of single-family homes: starts of single-family houses in 2011 fell 9 percent to a record-low 428,600 units, to be exact.

These data are suggesting that recovery in the US Housing Market will take time. Falling home prices and ongoing foreclosures are hampering an industry-wide recovery.

In fact, a senior economist at Wells Fargo Securities, LLC forecasts that home prices will go down another 5-6 percent from now.


In this depressed housing market, especially in the local Bronx or Brooklyn NY neighborhoods, it is hard to sell a house. However, there is always a way to Sell Your Property Fast. For more info, please visit our main website at WeBuyHousesBronx4Cash.com

 

Tuesday, January 17, 2012

You say, "Must Sell My Bronx House Now!" --- We say, "We Buy Houses All Cash & Close Fast"

We specialize in Buying “For Sale By Owner”properties for CASH and Quick Close. In many instances, within 14 days or even less.

We are local Cash Investors / Buyers in New York City. Because we are NOT realtors or real estate agents, there is No Commission you will have to pay. Plus, We Pay Your Closing Cost associated with the transaction.

In this depressed housing market where Housing Values are still keep going down, it is often the case that you cannot get as much as you are asking. Then, why hiring a realtor or agent and paying them 6% of what your house was sold for?

Let’s say, your house sold for $400, 000 in the Bronx, NY. Then you will have to pay the agent, $24,000. That’s a hell of a lot of money to give up. If you deal with us, you will keep that money to yourself.

So, pleas contact us directly NOW. We look forward to working with you.

For more info, you can visit out main website at WeBuyHousesBronxNY.com

 

Friday, January 13, 2012

Fed Says Economy Slowly Expanding, but Housing Market Still Dead

The U.S. economic recovery marches on, the latest Fed Beige Book shows. Covering the month of December, all twelve Fed districts noted some level of expansion in activity.

However, still, The Fed report says that commercial and residential real estate remains weak.

Wednesday’s Beige Book clearly highlighted continued fragility in real estate markets, indicating that “Activity stayed sluggish in residential real estate markets, and conditions in commercial real estate markets remained somewhat soft overall.”

Housing remains in the gutter, as the latest Case-Shiller Home Price Indices suggest. Prices have barely moved off their crisis lows despite unprecedented support from the Federal Reserve.

As Foreclosure properties flood into the local housing market, the Home Prices are likely to go down in the Bronx or Brooklyn, NYC in the near future.

In these circumstances, it would be very hard to sell a house.


However, there is always a way to Sell Your House Fast for CASH. For more info, please visit our main website at WeBuyHousesBronxNY.com



 

Monday, January 9, 2012

Forclosure Properties are still Increasing in New York

The number of homes in the foreclosure pipeline is increasing in states including New York, New Jersey and Connecticut. Home loans that were delinquent or in foreclosure rose in three states, in the year through Nov. 30, Lender Processing Services Inc. reported on January 6th.

Specifically, they rose 2 percent in New York, 7.4 percent in New Jersey and 5.2 percent in Connecticut, as mandatory judicial procedures delayed seizures.

Considering this, the property values are likely go further down in the coming months as deep discounted foreclosure houses are flooding into the market.

In these circumstances, if you are in a situation where you need to sell your property right now in NYC, it'd be so hard to do so.

However, there is always a way to sell your house FAST for Cash. As local investors, We Buy Houses in Any Condition for $CASH. For more info, please visit our main website at WeBuyHousesBronx4Cash.com

Or Call our Toll Free 24HR Recorded Message at 1-888-282-0423 Ext. 1



 

Sunday, January 1, 2012

In This New Year, "Can I Sell My Bronx House Fast and Start Afresh?" Yes, You Can!!!

Happy New Year to all. We wish you all the best.

However, things do happen even when we celebrate the arrival of a new year. There may be some of you who are in a situation where you need to sell your house quickly; whether you are facing a divorce, foreclosure, relocation, retirement or financial distress, etc.

You may be wondering, "Can I Sell My House Fast in this Depressed Housing Market?" And it is true that things are tough right now in the local New York Market (the Bronx, Brooklyn and Queens) as well as in other tristate areas.

Whatever the reason to sell your house may be, We will work with you. As local investors, We Buy Houses in Any Condition and Situation in the Bronx, Brooklyn and the surrounding areas.

We Pay Cash and Close Very Quickly. In many instances within 14 days or even less.

Handyman Specials and Fixer Uppers are NO PROBLEM for us. They are our specialty. We Buy Your House "As Is" for your peace of mind.

And we are NOT realtors. Therefore there is No Commissions you will have to pay.

For more information, Please visit our main website at www.WeBuyHousesBronxNY.com

Or simply call our Toll Free 24HR Recorded Message System at 1-888-282-0423. Ext 1.