Articles About Zillow.com
- Author:
- Mike Ochs
- Posted:
- 03.29.2011
Mortgage Applications Spike 16 Percent as Investors Take Over the Residential Market
Although analysts are sounding a cautionary note, the number of Americans applying for mortgages rose by 16.1 percent in the first week of March – the largest monthly increase since June of 2009. The activity could be due to investors with money to spend, and not the first-time homebuyers who will play a vital role […]
- Author:
- Mike Ochs
- Posted:
- 07.07.2010
May Foreclosures, Seizures Reach an All-Time High
Bank repossessions of homes rose 44 percent in May over the same month last year, reaching an all-time high and with increases occurring in every state as lenders stepped up the rate of seizures. Realty Trac, Inc., an Irvine, CA-based data company that tracks foreclosures, reports that bank repossessions totaled 93,777 in May, with filings […]
- Author:
- Kurt Rosene
- Posted:
- 06.01.2009
Las Vegas Underwater
Las Vegas may be in the middle of a desert, but right now it’s underwater. Fully two-thirds of the once fast-growing city’s housing stock is underwater, meaning that the owners owe more on their mortgages than the home is worth. According to www.zillow.com, borrowers who are underwater totaled 20.4 million at the end of the […]