Tag Archives: Flood

Flood of Foreclosures Still Fails to Materialize

The number of homes entering the foreclosure process rose in March, up 8.1 percent, according to a new report from lender Processing Services, but the volume is down more than 30 percent from a year ago. Analysts had expected this … Continue reading

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Mixed Housing Data Point to Uneven Recovery

new numbers from the housing market confirm that a warm spring did in fact pull sales forward, but the new activity was not enough to bring home prices out of their decline significantly. Sales of newly built homes plunged over … Continue reading

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Phoenix’s Hard-Hit Housing Starts to Rise From Ashes

Mike Ripson hasn’t built a home in three years, but he is about to. He has been sitting on one hundred sixty acres of land just outside Phoenix, Arizona, which he intends to divide into 121 one-acre lots. “Now’s the … Continue reading

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Flood of Foreclosures Heading to Housing Market

New foreclosure starts rose sharply in August, signaling a slew of foreclosed properties will be dumped on the already bloated housing market in early 2012. “Notices of Default,” the first stage of the foreclosure process, rose 33 percent month-to-month, according … Continue reading

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Struggling to Make a House Call on Confidence

Today’s report on consumer confidence, or the striking lack of it, is yet another sign that housing is going to be in a very sticky state for a while. It’s hard to say whether housing is weighing on confidence or … Continue reading

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