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Real Estate Agent - Palatium Auction and Appraisal Service, Real Estate Auctions, Estate, Moving, Downsizing Auctions 618-233-1000 USPAP Appraisals - proesch@ptauctions.net
RECENT BLOG POSTS
After steadily increasing for 12 consecutive quarters, the national mortgage loan delinquency rate—the ratio of borrowers 60 or more days past due on their mortgage—dipped down to 6.77 percent in the first quarter of this year, according to data released Monday by TransUnion.This statistic, which...
05/11/2010
Trulia.com, smart real estate search to help you make better decisions, recently announced that 20% of current home listings have been reduced in price at least once, compared to 27% in April 2009, representing a 26% decline nationally. Trulia was one of the first companies to issue national pric...
05/10/2010
Lovely 3BR, 1.5 BATH Ranch Home with basement located at 1727 Mary Hubert Court, St. Louis MO 63125 will be sold to the Highest Bidder at Real Estate Auction on Monday, May 24, 2010 at 6:00 PM CDT subject to Seller Confirmation. The Home will be sold "As Is, Where Is and With All Faults". MLS Lis...
05/10/2010
Home prices across the United States continue to slide in the quarterly context, but industry data released Thursday indicates that when you widen the scope, year-over-year numbers are still showing a healthy bounce-back from the depressed levels recorded in 2009.Add to that the fact that REOs ar...
05/07/2010
In yet another sign of stabilization within the U.S. housing market, pending home sales continued the climb upward in March, the National Association of Realtors (NAR) reported Tuesday.NAR’s Pending Homes Sales Index (PHSI), a forward-looking indicator based on contracts signed in March, rose 5.3...
05/06/2010
Mortgage giant Freddie Mac lost $6.7 billion during the first three months of this year, which follows a $6.5 billion loss for Q4 2009.After adding in dividend payments of $1.3 billion on its senior preferred stock to Treasury, the McLean, Virginia-based company reported a net loss attributable t...
05/06/2010
Banks have yet to loosen their tight grip on credit. The Federal Reserve’s latest survey of senior loan officers found that most banks maintained stringent lending standards in the first quarter, while some tightened lending terms further.A total of 56 U.S. banks responded to the Fed survey. Thir...
05/06/2010
Only 10 percent of the $41 billion of distressed commercial real estate from a year ago has been resolved and is no longer held by the lender, according to data released this week by the research firm Real Capital Analytics.The company’s analysis includes only seasoned distress for which sufficie...
05/04/2010
Treasury Secretary Timothy Geithner told lawmakers Thursday that servicers are failing in their efforts to modify loans for Americans at risk of losing their homes.“I want to be clear that we do not believe servicers are doing enough to help homeowners – not doing enough to help them navigate the...
05/04/2010
Home prices in February dipped from the previous month but were higher than year-ago levels for the first time since December 2006, according to industry data released Tuesday. The dichotomy candidly illustrates the give-and-take of the nation’s slowly developing housing recovery.From January to ...
04/28/2010
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Paul Roesch CDPE 618-233-1000

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