Home Sales - 2/2 - Short Sale Fundamentals - Part 2
 
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26
Jul
June Numbers are Down

June Numbers are Down

I feel like a broken record, always talking about how home prices are going up, but also going down, but also kind of the same. I guess this track on the record doesn’t really make a lot of sense. Take the June figures for example. Sales fell for another month, but are still a lot...

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05
Jul
Pending Home Sales Decline

Pending Home Sales Decline

Wow, tough news coming out today. Pending home sales were way down in May, according to the National Association of Realtors. It’s basically attributed to the expiration of the homebuyer tax credit. Their measure of pending home sales dropped 30%. This is after 3 months of solid gains, meaning people had been rushing to close...

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30
Jun
Foreclosures Are Ripe

Foreclosures Are Ripe

Okay, true or false: 31% of all home sales in the first quarter of 2010 were foreclosures. You’re thinking it’s true, right? I mean, why would I make up such shocking numbers for no reason? Well, you’re right. It’s actually true. Though pretty unbelievable. What’s even more amazing is that prices for distressed properties were...

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