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Tag: Foreclosures

Real Estate: Can Falling Pay Support Rising Home Values?

Real Estate: Can Falling Pay Support Rising Home Values?

The real estate market is always a jumble of facts, stats and rumors. Each year seems to produce a fresh and fertile crop of worries and troubles, so I’d like to take a look at today’s pressing issues to see what’s real and what’s not. And get ready because there is one worry which is […]

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Foreclosure & Short Sale Buying Slows, Says RealtyTrac

Foreclosure & Short Sale Buying Slows, Says RealtyTrac

Foreclosures and short sales are getting less attention on two fronts, according to RealtyTrac’s Residential & Foreclosure Sales Report for January. First, institutional investors — entities which purchase at least ten properties per year — accounted for 5.2 percent of all U.S. residential property sales in January, down from 8.2 percent in January 2013. The […]

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Foreclosures Tumble 26% in 2013, Says RealtyTrac

Foreclosures Tumble 26% in 2013, Says RealtyTrac

Foreclosure activity is falling through the floor — at least relatively speaking. The latest figures from www.realtytrac.com show that 2013 foreclosures fell 26 percent when compared with 2012. The bad news? The wealth gap continues: Nearly 1.4 million properties faced foreclosure notices, a still-huge number given that there are roughly 50 million mortgaged homes in […]

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RealtyTrac: Foreclosures Plummet 37% — But Not Everywhere

RealtyTrac: Foreclosures Plummet 37% — But Not Everywhere

Foreclosures have fallen through the floor. RealtyTrac reports that November foreclosure figures were 37 percent lower than a year ago and that foreclosure starts are at a 95-month low. “While some of the decrease in November can be attributed to seasonality, the depth and breadth of the decrease provides strong evidence that we are entering […]

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Are More Foreclosures And New Construction Good For Home Prices?

Are More Foreclosures And New Construction Good For Home Prices?

A new study find that new construction and foreclosure activity are running neck-and-neck, with building permits and foreclosure both up 27 in the first quarter from a year ago. The new numbers from RealtyTrac suggest that housing markets in many are areas are returning. “Nationwide and in most markets it appears builders are planning to […]

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Is There Really A Real Estate Inventory Shortage?

Is There Really A Real Estate Inventory Shortage?

For the past few months there have been a stead stream of claims that the real estate marketplace somehow has an inventory shortage. To be polite, this simply isn’t possible when at the same time you have an annual increase in the number of distressed properties for sale, properties which are typically sold at discount. […]

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The FHA Questions Congress Is Afraid To Ask

The FHA Questions Congress Is Afraid To Ask

Your government is at work again. The House Committee on Financial Services — which could be balancing the budget or helping the Postal Service — is instead asking about “The Role of the Federal Housing Administration in Housing Finance.” The purpose, of course, is to make the FHA less competitive by raising rates and looping […]

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What Are The 20 Best Foreclosure Markets?

What Are The 20 Best Foreclosure Markets?

For those who believe the foreclosure crisis is done and gone, consider that many markets continue to offer both large numbers of foreclosures and substantial discounts. Since 2006 more than 10 million foreclosure filings have been sent out and some 5 million properties have actually been foreclosed. However, many of the properties which have been […]

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Is Moving Worse Than Divorce, Death Or Dentists?

Is Moving Worse Than Divorce, Death Or Dentists?

A new study from Unpakt.com tells us that “one in four Americans would rather forfeit vacation for two years than pack up and move.” Actually, the number is surprising: I would have thought that packing and moving were on the famous Holmes and Rahe stress scale, a list of 43 life events which are so awful […]

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Have The Keys To Real Estate Wealth Changed?

Have The Keys To Real Estate Wealth Changed?

Have the keys to great wealth changed in recent years, especially when it comes to real estate? The anwer is plainly yes. When the advice and observations below were first published in 1998 the idea was that they had a certain long-term perspective. The keys remain valuable today but one has notably changed: Savings. The […]

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