Here's one more 16-page report on shadow inventory, with many charts and graphs: http://matrix.millersamuel.com/wp-content/3q09/Amherst%20Mortgage%20Insight%2009232009.pdf An excerpt: The single largest impediment to a recovery in the housing market is the large...
Let's rely on the numbers to tell us more about the current market activity, and use the comparison of actives-to-pendings help guide us to see what buyers think of current list prices. Let's break SD North County Coastal into two groups: NW GROUP = Oceanside, Vista,...
I finally had had enough of Ronald McMansion yesterday, and objected to his carpet bombing of this blog with pure negativity. You can count on Ron to re-post the same bad news you read on the other blogs, eliciting comments from wifey such as, "Oh, it's him again",...
First the house on the corner sells for $1,100,000, gets foreclosed, and closes a year ago for $719,000. Now this one, and the short sale next door are having trouble selling, in spite of the view:
The L.A. Times' Ken Harney wrote this article on the study of homeowners with good credit histories intentionally defaulting on their mortgage: http://www.latimes.com/classified/realestate/news/la-fi-harney20-2009sep20,0,2560658.story An excerpt: * Strategic defaults...
From CNNMoney.com: There was another tick-up in home prices in July, a further indication that housing markets may be stabilizing, according to a report issued Tuesday. Prices for the S&P Case-Shiller Home Price index of 20 cities rose 1.6% from a month earlier,...
Reader Susie sent in an article from msn.com called "10 things your real estate broker won't say", which first appeared on smartmoney.com as one of their regular '10 things your ________ won't say' series. Because the original only had seven comments, and msn.com's...
Hat tip to Rick for passing this along: http://www.politico.com/news/stories/0909/27448.html An excerpt: By the end of this month, Senate Environment and Public Works Committee Chairwoman Barbara Boxer (D-Calif.) is expected to unveil new legislation along the lines...
Hat tip to stephen for sending this over, from zero hedge - check the comments at this link too: http://www.zerohedge.com/article/what%E2%80%99s-your-home-worth This is a vexing question for millions of Americans. There was a time when most people had a reasonably...
The Chargers are off to a rocky start, though 1-1 is better than the 0-2 they did last year. How is our contest looking for playoff tickets? We were guessing: How Many Total Active Listings on December 1st, 2009? December, 2008 the average amount of homes for sale...
