Year: 2009

Excess Demand?

How hot has the market been lately?  For the well-priced inventory, sales have been tremendous. But with the multitudes of offerees, and the way the list prices are being overbid, doesn't there seem to be ample demand to soak up at least a few more foreclosures?  The...

read more

Wild Stab in the Dark

Everybody is on the forecasting bandwagon these days, here's BW's crack at it: http://finance.yahoo.com/real-estate/article/107219/what-your-home-will-be-worth-in-2012.html?mod=realestate-buy An excerpt: By 2012 we may finally get back to blissful boredom. With any...

read more

Bore-atorium

From the Union-Trib: A new, 90-day state moratorium on foreclosures went into effect this week to give homeowners more time to avoid losing their homes. But because the California Foreclosure Prevention Act exempts lenders from the moratorium if they submit...

read more

Five Stages of Buyers’ Grief

ArtElectric commented, There is always somebody with more reach than you have. Not just more reach, but more frustration too, because they are further along in the hunt. The Five Stages of Buyers' Grief: Denial - Buyers are adamant about not overpaying. "The only...

read more

Comparing This Market

Dr Beede commented: Jim, I’ve heard a lot of talk that the bottom end always leads during a housing pullback, the top end goes last and recovers first. In other words, a lot of people like to say that what’s happening now is exactly what always happens in a regular...

read more

Foreclosures Delayed 73%

ForeclosureRadar's report for May, 2009: https://s3.amazonaws.com/CA_Foreclosure_Report/May+2009+CA+Foreclosure+Report.pdf An excerpt: Foreclosures sales jumped 31.9 percent in May, following a 35 percent increase the prior month. Notices of Trustee Sale, which set...

read more

Pin It on Pinterest