Posts Tagged ‘foreclosures’

Supply More Than Demand: Means Short Sale

admin
Jun 8 |14:41

It’s official.  Foreclosures have lost their luster at the same time that the banks are going to unload piles of them onto the market.

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7m Distressed Loans!

admin
Jun 8 |14:25

According to latest data from LPS [Lender Processing Services] the total number of distressed loans in just floating out there is over 7 MILLION.  So, everyone celebrating piece meal reports about delinquency decreases, increased pending home sales, and foreclosure inventories…hold your horses. Stabilization is not here yet.

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Home-Buyer Credit Warping View?

admin
May 24 |14:31

Thank you National Association of Realtors for keepin’ it real.  According to data released today, April saw a 7.6% increase in resale of homes.  In a rush to beat the tax credit deadline, there are currently 5.77 million buyers rushing to the closing table.  But, before touting “economic health regained”, NAR also reported that available inventory jumped 4.04 million, or 11.5%, in April too.

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