The sad story of North Lost Wages, Nevada, is an example of why the “shadow inventory” issue is a toothless bogeyman for the US as…
UPI.comForeclosure Activity Falls to Lowest Since Summer of 2007CNBC.comForeclosure filings, which include default notices, scheduled auctions and bank repossessions, fell 5 percent in April from March, according to a new report from RealtyTrac, and ar…
Southern California is beginning to see signs of a tepid recovery with the median sales price in the area edging up to $290,000 in April,…
WINA AM 1070Foreclosures held steady in MarchLos Angeles TimesBy Nancy Rivera Brooks The number of US homes struggling through foreclosure held steady in March but fell from a year earlier, new data show, indicating that the huge wave of foreclosures t…
I have long made the argument that shadow inventory is a bogeyman which, like shadow boxing, won’t hurt anyone, or at least won’t hurt the…
House prices will fall 3 percent nationally in 2012, excluding foreclosures and short sales, Douglas Duncan, Fannie Mae’s chief economist, said at a University of San Diego real estate conference on Tuesday.
…
Michelle Meyer, the well-known housing analyst for BofA/ML, has some bad news: The housing crisis isn’t over.
In fact, in her 2012 outlook piece, she says it’s “far from over” and that prices still have another 7% to decline nationally.
The basic p…
Home prices are highly seasonal, due to the different mix of homes that sell at different times of the year, but the latest reading for September shows home prices are under added pressure now; this is not just due to the high concentration of distr…
Barack Obama would have you believe that Mitt Romney is a heartless zillionaire who doesn’t think the government should do anything about Americans losing their homes to foreclosure. Romney would have you believe that the foreclosure problem is yet …
MIAMI — Officially, there are 3.5 million homes for sale nationwide. But there are millions more lurking in the shadows — hidden neatly away on banks’ balance sheets, stalled in foreclosure court proceedings or simply occupied by nonpaying owner…