Category Archives: edenfield

Home Prices Have Hit Bottom

Here’s More Evidence That Home Prices Have Hit Bottom
By Nick Timiraos, The Wall Street Journal, Sept 4, 2012

In each of the last three years, home prices have increased in the spring and summer, when more people are buying homes, before giving back all of those gains and then some in the fall and winter, when activity cools.
But it is beginning to look like that might not happen this year, absent a major stumble for the economy.
Home prices in July were up by 3.8% from one year ago, the largest year-over-year jump in six years. Moreover, prices have shot up by 9.6% from February, when they registered their lowest levels of the housing downturn, according to CoreLogic CLGX -0.35% data released Tuesday.

Foreclosure or Bankruptcy—Which Option is Worse?

Foreclosure and bankruptcy are both daunting—often the last straw after a long financial struggle. When considering your options, it is important to compare the eventualities and weigh the effects carefully. While both will cause undoubted credit score damage, minimizing the fallout is critical. Despite your current situation, avoid giving in to complacency. Include long-term credit repair as a factor in your decision.

Foreclosure and bankruptcy carry different levels of urgency. Depending on your circumstances, one may be a better fit when compared with the other. For example, what is the status of your mortgage? Have you only missed one payment, or has your situation progressed past the 90-day mark? Depending on the answer, you lender may be willing to help. Before taking any action, contact the bank and explain the circumstances. If your money troubles are temporary, ask for a forbearance period or other option to reestablish your financial stability. Consider taking on a renter to aid you in this goal. If your troubles are more permanent, however, bankruptcy could be your last option.

Edenfield Investments can help you as you work on repairing your credit.

Median price of an existing single family home rose in June

The median price of an existing single family home rose in June to the highest level since almost four years, the fifth straight month-month gain, the National Association of Realtors (NAR) reported Thursday…

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The housing market has turned—at last

Wall Street Journal says… The housing market has turned—at last. The U.S. finally has moved beyond attention-grabbing predictions from housing “experts” that housing is bottoming. The numbers are now convincing.

Nearly seven years after the housing bubble burst, most indexes of house prices are bending up. “We finally saw some rising home prices,” S&P’s David Blitzer said a few weeks ago as he reported the first monthly increase in the slow-moving S&P/Case-Shiller house-price data after seven months of declines.

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Selling your home FAST and for a GREAT PRICE

Selling your home? We have a list of tips to help you sell it fast and get a great price. Dial the number below for a recorded message or you can receive the information automatically via fax.

Dial 1-720-963-6119 and enter the EXT number listed below for each report

EXT 194 – 11 Tips To Sell Your Home For Top Dollar
EXT 195 – 14 Repairs To Make Before Selling Your Home
EXT 196 – 5 Ideas To Help Sell Your Home In Record Time
EXT 197 – Ideas To Make Your Home More Attractive
EXT 198 – Great Idea To Get The Best Price For Your Home
EXT 199 – 15 Suggestions To Consider When Selling Your Home