Tag Archives: Foreclosed Properties

Home Builder Stocks Soar as Housing Battles Back

But not all are bullish on the builders, especially those that concentrate in the formerly hard hit housing markets like Arizona and California. Inventories are low in these states and prices are surging largely because of huge investor demand for … Continue reading

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Number of homes in foreclosure down 19.5 percent from year ago

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Foreclosure Discounts Drying Up

As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a … Continue reading

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Housing Alert: Short Sales May Be in Big Trouble

As lenders plow through a backlog of over five million delinquent mortgages, short sales are becoming an ever more popular escape route. A short sale is when the bank allows a home to be sold for less than the value … Continue reading

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Will Fed’s Mortgage Buying Juice the Housing Recovery?

Home prices are stabilizing, and new construction is bouncing back, but apparently the U.S. Federal Reserve isn’t buying a bullish housing recovery.  Its announcement Thursday that it would buy up to $40 billion in agency mortgage-backed securities every month, with … Continue reading

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Why Rise in Home Prices May Not Mean Much—Yet

Average home prices through May increased for the second month in a row, according to the latest SP/Case-Shiller Home Price Indices, which measure both the top ten and top twenty housing markets in the US. Prices are still down from … Continue reading

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Renter Nation Rages On

The supply of empty homes for rent is falling, and the nation’s homeownership rate is hovering near a fifteen year low. How can that be when the housing market is finally turning around and more homes are selling? The answer … Continue reading

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Home Price Bottom or Bubble?

Home prices rose, just barely, in the second quarter of this year annually for the first time since 2007, according to online real estate firm Zillow. That prompted the popular site to call a “bottom” to home prices nationally. The … Continue reading

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New Housing Crisis: Not Enough to Buy

Sales of existing homes declined in May, according to a new report from the National Association of Realtors, not just because the overall housing market is struggling, but because there are simply not enough homes to buy. There are currently … Continue reading

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Short Sales: Necessary Compromise or Scamming the System?

I spent much of this week in Atlanta, which is currently one of the worst housing markets in the nation. Atlanta home prices are down 17 percent annually, according to the SP/Case-Shiller Home Price Index, thanks to a glut of … Continue reading

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