Foreclosures Fall, Optimism Rises
For the second time in three weeks, a major national report on foreclosures and delinquent mortgages suggest that the flood of foreclosures that washed over the housing markets in 2009 is ebbing and may even be at an end.
By: Steve Cook; Wed, Mar 10, 2010
Where Did the Shadow go?
With the year nearly one quarter over, inventories give no sign of a large “shadow inventory” of foreclosed homes being kept off the market.
By: Steve Cook; Tue, Mar 9, 2010
Spring Sales Are Slow
As record snows melt away in the Midwest and East, real estate professionals are not seeing the volume of interest or which they had hoped.
By: Steve Cook; Thu, Mar 4, 2010
Risk of Mortgage Default Rises 58 Percent Higher than in 1990s
Lenders and investors can expect defaults on loans currently being originated today to be 58 percent higher than the average of the 1990, according to the latest University Financial Associates (UFA) Mortgage Report.
By: Steve Cook; Fri, Feb 26, 2010
Investors Soar as First-timers Fade
Fresh data from Campbell Communications’ monthly survey of more than 1,500 real estate agents found that the investor market share of buy-side transactions has jumped nearly six points since November, while first-time buyers have fallen more seven percentage points since October.
By: Steve Cook; Fri, Feb 26, 2010
Inventory Highest in Six Months
The national inventory of existing homes is larger now than it has been since the run-up of sales since thousands of first-time buyers rushed to the closing table last fall to qualify for the $8,000 tax credit.
By: Steve Cook; Fri, Feb 26, 2010
Massive Florida Mortgage Fraud Case Unfolding
A two year FBI investigation into Sarasota house flipping is turning into what may be the largest case of mortgage fraud in Florida’s history.
By: Steve Cook; Thu, Feb 25, 2010
Mortgage Rates Rise on Cue
With four more weeks of mortgage surveys to go before the full psychological impact kicks, we’ll know whether Freddie’s rates are a trend or an anomaly.
By: Steve Cook; Tue, Feb 23, 2010
One Quarter of Mortgage Holders Sink Underwater
More than 11.3 million, or 24 percent, of all residential properties with mortgages, were in negative equity at the end of the fourth quarter of 2009.
By: Steve Cook; Mon, Feb 22, 2010
Short Sales See Big Jump in Activity
Short sales have jumped from about ten percent of distressed property sales during most of last year to 15.9 percent of home purchase transactions in January.
By: Steve Cook; Fri, Feb 19, 2010
Obama Aids Big Bust States
However, the latest foreclosure data shows foreclosure rates are falling in three of the five states where he is sending the aid but rising in heartland states which have not previously experienced widescale foreclosures
By: David Lereah; Thu, Mar 4, 2010
A Sputtering Housing Market
Housing activity is sputtering even though there are government subsidy programs in place to support housing demand.
By: David Lereah; Wed, Feb 10, 2010
Observations on the Economy and Housing Market
At a cursory glance, the U.S. economy is improving, while the status of the housing market remains uncertain.
By: David Lereah; Mon, Feb 1, 2010
Mounting Foreclosures Impede Housing Recovery
It is painfully clear that the number one obstacle preventing a complete housing recovery is the foreclosure crisis.
By: David Lereah; Mon, Jan 25, 2010
Falling Home Values: The Worst may be Over
During the past several years, the nation’s housing sector has been weighed down with a disturbing trend that had been absent since the Great Depression: falling home values.
By: David Lereah; Mon, Jan 4, 2010
The New Year Begins with Uncertain Housing Outlook
Housing data released this past month suggest a more uncertain housing outlook than the month before.
By: David Lereah; Thu, Dec 17, 2009
Housing Industry Poised to Recover in 2010
As we approach the New Year, we are more hopeful about prospects for 2010 compared to the dismal performance of 2009.
By: David Lereah; Thu, Dec 10, 2009
A Web of Housing Subsidies Threatens the Recovery
Don’t let recent good news about the nation’s housing sector lull you into believing that the housing market is firmly on the road to recovery-because it isn’t.
By: David Lereah; Tue, Nov 24, 2009
Is the Expanded Homebuyer Tax Credit Overkill?
Wild swings in the housing data released this past week indicate that both homebuilders and households were heavily influenced by the tax credit extension debate.
By: David Lereah; Thu, Nov 19, 2009
Data Suggests Housing Recovery Has Stalled, Temporarily
Today’s housing recovery is having a difficult time settling into a steady trajectory.
By: David Lereah; Wed, Nov 4, 2009
Homebuyer Tax Credit Overly Generous
The great debate surrounding the fate of the first-time homebuyer tax credit appears to have ended on a good note; at least for the millions of households ready to purchase a home.
Get this widget See local rates - Senate Clears Homebuyer Tax Credit Extension to Pass This Week
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Written by: Steve Cook Thu, Mar 11, 2010
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