All posts by Colin Robertson

Folks, Don’t Forget to Cash Your Foreclosure Checks

Folks, Don’t Forget to Cash Your Foreclosure Checks
February 19, 2015 2 Comments »

What good is a settlement if you don’t actually cash your check? Oh wait, I think I just answered my own question. But all jokes aside, some 600,000 checks mailed to homeowners as part of the Independent Foreclosure Review have ... Read More »

Discover May Exit the Mortgage Biz

Discover May Exit the Mortgage Biz
February 17, 2015 No Comments »

After only about three years, Discover might be looking to get out of the mortgage business, per a new interview with Discover Financial CEO David Nelms. The credit card company officially launched Discover Home Loans in June of 2012 after ... Read More »

Trulia: The Home Price Rebound Is Over, Jobs Are Now Key

Trulia: The Home Price Rebound Is Over, Jobs Are Now Key
February 11, 2015 No Comments »

A new analysis from Trulia, soon to be taken over by Zillow (maybe), claims the home price rebound is over. In other words, home price gains resulting from the prior crisis are kind of baked in at this point. And ... Read More »

Appraisers and Homeowners Finally Agree on Home Values Again

Appraisers and Homeowners Finally Agree on Home Values Again
February 11, 2015 No Comments »

Maybe home prices are finally where they should be. A new study from Quicken Loans revealed that the gap between appraisers’ opinions of home values and those of homeowners narrowed significantly in January. In fact, appraisers only valued homes 0.18% ... Read More »

Maybe Down Payment Isn’t a Hurdle to Homeownership

Maybe Down Payment Isn’t a Hurdle to Homeownership
February 5, 2015 No Comments »

One of the biggest barriers to homeownership is amassing the large down payment necessary to purchase a property. This is especially true post-housing crisis, with no money down mortgages largely a thing of the past through traditional avenues. Interestingly, studies ... Read More »

Google Launches Mortgage Calculator Within Search Results

Google Launches Mortgage Calculator Within Search Results
February 4, 2015 No Comments »

Looking to calculate a potential mortgage payment on the fly? Instead of searching for a mortgage calculator, you can now do some calculations simply by typing a query in the Google search box on your browser. Yesterday, the search behemoth ... Read More »

35% of Homeowners Don’t Know Their Own Mortgage Rate?

35% of Homeowners Don’t Know Their Own Mortgage Rate?
February 3, 2015 No Comments »

A new survey from Bankrate revealed that 35% of homeowners with a mortgage don’t even know what their interest rate is. Or at best they’re somewhere between “somewhat confident and not all confident” about what that rate is. Conversely, 65% ... Read More »

Homes Next to Starbucks Are Worth More

Homes Next to Starbucks Are Worth More
January 28, 2015 No Comments »

Here’s an interesting, though not surprising data point from Zillow. It turns out properties located next to Starbucks locations are bigger winners in terms of home price appreciation. The company found this out by comparing a database of Starbucks locations with ... Read More »

The Mortgage Crisis Created Nearly 7.3 Million Potential Boomerang Buyers

The Mortgage Crisis Created Nearly 7.3 Million Potential Boomerang Buyers
January 27, 2015 No Comments »

It has now been roughly seven years since the devastating housing crisis rocked our great nation. Between 2007 and 2014, foreclosure activity ran well above historical norms after exotic lending and sky-high home prices eventually brought down the entire real ... Read More »