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Posts Tagged ‘home value’

June 29, 2011 The Number of Strategic Defaulters is Growing in the Real Estate Market

If you haven’t heard the term “strategic defaulter” yet, you will. It’s a growing segment of homeowners who, faced with a home value drastically lower than what they paid, are simply walking away from their mortgages. But what’s so strategic about that? Nothing inherently. But these homeowners are not just walking away: they’re buying other [...]

October 12, 2010 Stop and Smell the … Truffles?

Fans of our blog, or anyone who has recently sold a home, can probably pretty easily name a few things that can affect a home appraisal – comparable property values, a water heater in need of replacement, or termite damage would probably make your list. But what about a smell? On Monday, The New York [...]

February 18, 2010 Perception Versus Reality

News over plummeting home values has home owners – especially those in the Northeast – feeling a little more pessimistic than reality warrants, according to an article posted today on Banker & Tradesman. You can read the full article here. According to the article, a Zillow survey showed that just 20% of homeowners felt that [...]