From the wsj.com: Housing markets that just two years ago struggled with a glut of homes are now facing a new problem: There are fewer properties to lure buyers. Sales of previously owned homes fell 5.4% in June from May to a seasonally adjusted annual rate of 4.37...
From realtor.com of all places! Realtor.com® recently released data regarding the top countries (outside the U.S.) where consumers are the most engaged on Realtor.com® & Realtor.com® International. The data highlights the markets within the U.S. that are most...
Commenter 'D Man' says that you can debate the Rent vs. Own until you're blue in the face. We should examine the differences from time to time to note any changes - here's a link to our discussion two years ago. Livinincali already left this comment in the previous...
From MND: The Federal Reserve Bank of Boston has released a Public Policy Discussion Paper by two of its economists titled Shifting Confidence in Homeownership: The Great Recession. The paper, researched and written by economist Anat Bracha and senior economist...
Susie is rolling - here's her third contribution in a row, seen at the link below: http://www.greatfamilyhome.com/index.html Text from Elle's website below, plus she has 750+ comments on her blog here: http://www.greatfamilyhome.com/scorned--bitter-blog.html As the...
jd asked, Jim, Do you have any recommendations for homeowners* who are under water? *Homeowner current on payments, didn't buy "too much" home, but neighborhood is collapsing around them" It depends if you want to move or not. 1. If you don't want to move. All you...
From HW: The Securities Industry and Financial Markets Association released a legal memo on Tuesday drafted by law firm O’Melveny & Myers at the request of the association that addresses what it says are legal and constitutional problems with the infamous eminent...
From MND: A Georgetown law professor is proposing that a Resolution Trust Corporation (RTC) like entity might be the key to getting the housing market back on track. In Clearing the Mortgage Market through Principal Reduction: A Bad Bank for Housing (RTC 2.0) Adam J....
This guy worked the program nicely - his first NOD was filed in April, 2008 By the time this got foreclosed in May, 2012, the back payments, penalty fees, and negative amortization added up to more than $250,000:
Two of the 12 graphs Rich Toscano has included on his latest post at piggington - click here for more: http://piggington.com/june_2012_resale_data_rodeo Though it appears that the market is moving in a positive direction, it sure can be a challenge. Examples: 1. A...
