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Foreclosures Dropping in Ten States–And You Might Be Surprised at Some
RealtyTrac, a premier source of distressed real estate information, noted significant declines in foreclosures in many states—but particularly those in which foreclosures are non-judicial (no court...
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October 2012 Existing Home Sales Up More Than 10 Percent Compared to October...
Housing continues to make a comeback following the real estate depression of 2007 through 2011. Job growth (albeit tepid), rising rents and population growth are the trifecta to increased sales and...
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Another Top-10 List: States With the Highest Foreclosure Filings — But There...
November 2012 foreclosure filings (default notices) were off sequentially 3 percent from October and down a resounding 19 percent from November 2011 as reported by RealtryTrac, one of the premier...
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Robust November Existing Home Sales With Less Than 5 Months of Inventory...
The story behind the November 2012 existing home sales data is that the number of months of inventory was less than five months – the lowest since the market peaked in September 2005. Real estate...
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Housing Continues the Road Called Recovery — Big Story Remains the Limited...
The National Association of Realtors® release on December 2012 housing sales and related data again illuminates the path of recovery of U.S. housing markets. While many would focus on the improving...
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Another Top-10 List: Best Places in the Country to (Still) Buy a Foreclosure
Still looking for a great bargain in a foreclosed home? Then look no further than the latest report from RealtyTrac, the leading online market place for foreclosed properties. RealtyTrac has more than...
View ArticleAnother Top 10 List (You May Not Want to Be On this List) — The 10 Most...
If there was a list of places you would not want to live, Forbes just ranked the 10 most miserable (actually 20, but this is after all, a top 10 list). Criteria ranged from economic (unemployment,...
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NAR February Existing Home Sales — Probably Just a Year Out Kissing Distance...
Existing home sales statistics for February 2013 were just released by the National Association of Realtors® (NAR), and the housing recovery is now close enough to reach a normal level of sales...
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Housing Markets Recovery — Still on the Flight Plan But With Some Light...
March existing home sales, as reported by the National Association of Realtors® (NAR) , showed good improvement compared to March 2012, with sales on a seasonally-adjusted annualized rate (SAAR) up...
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April Existing Homes Sales Up 9.7 Percent From April 2012 — Prices Up 11...
Housing continues to ascend in both numbers and values in April 2013 as reported by the National Association of Realtors®. Existing home sales jumped 9.7 percent from April 2012 to April 2013, now at a...
View ArticleForeclosure Snapshot — Things Are Looking Up
Homeowners have seen rising equity as home prices have recovered, and correspondingly the amount of distressed real estate reaching the market continues to wane. CoreLogic, a leading provider of...
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Existing homes in August 2013 were at the highest level seen since February 2007 according to the National Association of Realtors® (NAR). At a seasonally adjusted annualized rate (SAAR) of 5.48...
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Distressed Real Estate — The Raging Flood Waters are Receding and a Rainbow...
Just as rivers crest in a flood and then recede, so are the homes in foreclosure across the U.S. Just 51,000 foreclosures were completed in September 2013, according to CoreLogic’s latest National...
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October 2013 Existing Home Sales Up 6 Percent Versus October 2012 — Median...
Existing home sales continue the recovery to normal, with October 2013 sales of 5.12 million on a seasonally-adjusted, annualized rate (SAAR), compared to 4.83 million a year ago, as reported by the...
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Another Top-10 List (and you may not want to be on this one unless you bought...
In my lifetime, I have seen home values in some markets rise to levels that were simply not sustainable given government policy, income levels, economic growth, new construction and inventory of...
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November 2013 Existing Home Sales Down 1.2 Percent From November 2012 —...
The National Association of Realtors® (NAR) just reported November 2013 existing home sales. On a seasonally adjusted annualized rate (SAAR), November sales came in at a preliminary level of 4.9...
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December 2013 Existing Home Sales Essentially Flat from December 2012 —...
Tough weather conditions in December saw existing home sales remain essentially flat (down 0.6 percent on a preliminary basis) when compared to December 2012, as reported by the National Association of...
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The Doldrums Continued for Existing Home Sales in February — But I Expect It...
We have some great friends from Germany and have sailed with them many times over the past two decades in the U.S. and British Virgin Islands and other Southern locations. I will never forget the time...
View ArticleAre You Using Twitter?
Since January 2, 2014, I have been Tweeting under the DrTCJ account. To view my homepage click: https://twitter.com/DrTCJ While many of you do not have Twitter accounts, or perhaps you do not follow...
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June Existing Housing Sales — Warming Up Just Like the Weather
After a miserable start to the year, existing housing sales are finally thawing out and gaining some traction. June sales were at 5.04 million homes on a seasonally-adjusted annualized rate (SAAR), up...
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