DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/163440
of United States Appraisals. "By polling our nationwide panel of local appraisers, we believe that in the aggregate we receive a solid interpretation of the national marketplace." Though confidence slipped a bit, Fowler noted numbers are still fairly strong. Opinions were slightly better on the subject of home values, with 70.7 percent of respondents reporting an increase in values in their area compared to 65.4 percent at the end of the first quarter. Only 6.6 percent of respondents reported depreciating home values. The survey also revealed a large shift in order volume. About one-third (33 percent) of those surveyed reported a decrease in volume in the second quarter compared to 15 percent in the first. When asked about their particular concerns, many appraisers pointed to inventory issues, with one saying home values are "[m]aybe increasing a little too fast due to low inventories" and another noting that "[h]omes priced correctly are moving" in the current environment. Interest rates are also weighing heavily on appraisers' minds. One respondent expressed concern about "artificial interest rates," believing they have to go up, while another anticipates a slowdown in the market if they continue to rise. 2.3% DiffeRence Unemployment Rate 2.2% 8.4% 8.3% 1.2% Foreclosure Rate 12.1% year ago 4.1% 12.3% year-over-year change 22.1% -1.9% Top Core-Based statistical area LeWisTon-auBurn, Me 90+ Day Foreclosure Delinquency Rate Rate June 2013 3.5% Realty World Adams & Associates 632 chestnut Street, Berea, KY 40403. Phone 859-314-7878. www.RealtyWorldAdams.com 7.1% year ago 3.7% 6.9% year-over-year change -6.4% 2.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the June 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. STAT INSIGHT 90+ Day Delinquency Rate Foreclosure Rate June 2013 3.3% Unemployment Rate 2.4% 7.0% 3.5% 3.3% 6.7% -4.8% -27.9% 4.5% ST. Bernard PariSh 90+ Day Delinquency Rate Foreclosure Rate June 2013 6.2% 5.3% 5.4% year ago 6.6% 5.8% 7.7% year-over-year change -5.4% Top Core-Based Statistical area -7.9% -29.9% Top Core-Based Statistical area BaSTroP, La MounT STerling, Ky Foreclosure Rate 90+ Day Delinquency Rate Foreclosure Rate June 2013 June 2013 4.6% 6.0% 3.7% year ago year ago 6.0% 5.9% 5.5% year-over-year change year-over-year change -23.1% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the June 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. 124 5.0% Sandy Adams year-over-year change -16.4% -6.8% June 2013 Services: REO department BPO department Property management Short Sales Inspections Relocation year ago 3.1% -5.8% 90+ Day Delinquency Rate fastest growing real estate office in local market, woman owned, task oriented, deadline driven, proven track record of success. Top County Foreclosure Rate 2.6% 7.3% Top County June 2013 90+ Day Delinquency Rate 5.6% WashingTon CounTy Harlan CounTy 1.3% 2.9% -12.8% Top County 4.6% 6.8% year-over-year change -33.2% 4.6% 5.3% year ago year ago 3.3% 90+ Day Delinquency Rate Unemployment Rate year-over-year change year-over-year change -9.2% Foreclosure Rate June 2013 2.5% in the World year ago 2.5% 90+ Day Delinquency Rate Makes All the rank: 21 rank: 29 Foreclosure Rate June 2013 rank: 5 Louisiana Kentucky 90+ Day Delinquency Rate Maine The RighT AgenT 2.1% -32.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the June 2013 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2013 figures released by the Bureau of Labor Statistics. All other data courtesy of LPS Applied Analytics. Share of delinquent GSE loans in Maine that have missed more than a year of mortgage payments. Source: Federal Housing Finance Agency